On Thursday (June 2), with Bitcoin trading around the $430,000 level, prominent crypto analyst and trader\u00a0Scott Melker\u00a0(aka \u201cWolf of All Streets\u201d)\u00a0was asked if he still thinks that \u201cBitcoin is going to the moon\u201d.<\/p>\n
Melker, who is the host of the \u201cWolf of All Streets\u201d podcast and the author of \u201cThe Wolf Den Crypto Newsletter\u201c, was asked this question during an interview with former Wall Street analyst\u00a0Charles Payne, who is the host of Fox Business Network (FBN) show \u201cMaking Money With Charles Payne\u201c, and this is the reply that Melker gave:<\/p>\n
\u201cOh man, Bitcoin is absolutely going to the moon, and when it gets there, we\u2019re going to bring \u2018Payne Coin\u2019 back\u2026 But listen man, I mean it\u2019s easy for us as Americans with access to stocks and the global markets and global reserve currency to talk about Bitcoin as just another asset, but all over the world, we\u2019re seeing hockey stick adoption.<\/em><\/p>\n \u201cNation states adopting it as legal tender, people using it as it means of exchange, unbanked and underbanked people every single day. This is saving their lives. And in countries like Venezuela with hyperinflation, it truly is a hedge against inflation. <\/em><\/p>\n