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Smartest Man Alive Converts All His Assets into Bitcoin
YoungHoon Kim, who holds the world record for the highest IQ of 276, has revealed converting all his assets into Bitcoin.
Launched in 2009, Bitcoin is the world's largest cryptocurrency with a market capitalization of $2.27 trillion.
Kim, who earlier predicted an exponential Bitcoin price rally, shared on Sep. 29, the belief drove him to convert all his assets into Bitcoin, though he said everything he owned belonged only to Lord Jesus.
Kim Reveals Shocking Bitcoin Prediction
Last week, Kim predicted that Bitcoin will grow at least 100 times in the next 10 years. If his forecast comes true, the king coin's price will be worth more than $10 million within 10 years.
He also predicted Bitcoin's future as the "ultimate reserve asset" universally. It means not gold, foreign currencies, or U.S. Treasuries, but Bitcoin will become the universal reserve asset as per Kim.
In March, President Donald Trump signed an executive order to create a federal Bitcoin strategic reserve. However, it doesn't mean the government will convert its gold or forex reserves.
Though the U.S. government owns 198,021 BTC worth $22 million, no strategic Bitcoin reserve has been created yet.
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Kim says Trump-linked Bitcoin company will be world's largest
Notably, Kim also hailed Trump-linked Bitcoin mining firm, American Bitcoin (Nasdaq: ABTC) and forecasted that the Bitcoin rally will turn it into the world's largest company by market cap. ABTC will play a key role in "MAGA," he added.
Bitcoin, which had a dull last week, made a comeback, rising more than 3% in the last 24 hours. As per Yahoo's price feed, it was trading at $114,096.43 at press time.
This article has been published in TheStreet via Yahoo News.
Smartest man alive converts all his assets into Bitcoin
The world's highest IQ holder, YoungHoon Kim, confesses to converting all his assets into Bitcoin.
finance.yahoo.com
