Key facts
- Central banks are buying gold at a record pace.
- Willem Middelkoop believes Bitcoin is the 'fastest horse' in the current economic climate.
- Middelkoop predicts Bitcoin could reach $1 million due to a 'debasement trade'.
Central banks are accumulating gold at a record pace, a trend that Willem Middelkoop believes positions Bitcoin as the 'fastest horse' in the current economic climate. He suggests that institutions are increasingly turning to Bitcoin ETFs as a means to access the digital asset, anticipating a significant price appreciation to $1 million driven by a 'debasement trade'.