2163: $36B SoFi Bank Launches Bitcoin Trading – Jeff Booth Says $43M BTC 'Fair Value'
Description
SoFi Bank, a $36 billion nationally chartered U.S. institution, just became the first bank in America to launch Bitcoin trading for all customers. On the same day, Jeff Booth unveiled his analysis showing the implied fair value of Bitcoin is $43,000,000 per coin when measured against the $900 trillion global balance sheet.
Meanwhile, Jack Dorsey's Square opened 4 million merchants to Bitcoin payments, Bitcoin ETFs are still facing outflows, and Willy Woo published a "Dummies Guide to the Quantum Threat" showing how Bitcoin will remain secure even in a post-quantum world.
This is the start of a new wave of institutional and technological convergence — hyperbitcoinization is accelerating.
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