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Lightning Network application Strike founder Jack Maller recently shared an interesting perspective on a TV program: "Bitcoin's target price isn't $150,000, nor a specific number, but all price levels."
His logic is as follows — the global savings market size is between $400 trillion and $500 trillion, while BTC's current market cap is only $2.43 trillion. Based on this ratio, Bitcoin still has at least 100 to 200 times of growth potential. Sounds crazy? But if you understand Jack's background, you might not be so surprised.
This guy was born in Chicago in 1994, into a three-generation financial family — his grandfather was once the chairman of the Chicago Mercantile Exchange, and his father founded a futures brokerage. In 2013, at 19, he was introduced to Bitcoin by his dad, then dropped out of college to teach himself programming. The Strike app (formerly Zap), launched in 2020, has now become one of the most mainstream applications of the Lightning Network.
So, these views he shares are somewhat backed by his background.