Canadian mining billionaire and prominent gold advocate Frank Giustra has once again taken aim at the cryptocurrency community’s most optimistic price targets.
The clash began when cryptocurrency commentator Chris Millas took to the X social media platform to express his frustration with market skeptics. “People will believe in aliens but they won’t believe that $BTC can hit $150-$200K in 2026,” Millas wrote.
Giustra, never one to shy away from bashing digital assets, quickly fired back with a stinging rebuttal: “There is more evidence of aliens than if bitcoin hitting $200k.”
XRP, Bitcoin (BTC), Ethereum (ETH) and Hyperliquid (HYPE) Price Analysis for June 8: Are Top-Tier Assets Ready to Bounce?
Schiff: 99% Crash Wouldn’t Phase Bitcoin ‘Cult’
The ‘dinosaur’ strikes back
The billionaire recently made headlines for fiercely criticizing Ark Invest CEO Cathie Wood over her staggeringly high price targets.
Wood had reiterated her ultra-bullish outlook, projecting a base-case price target of $730,000 and a staggering bull-case scenario of $1,500,000 by 2030, framing the asset as an essential “insurance policy” against currency debasement.
Giustra, a staunch advocate for physical gold, dismissed her market commentaries as completely delusional. “These commentaries are embarrassing to watch,” Giustra stated. “BTC ain’t going to $1mill.”
Is there actual evidence of UFOs?
When it comes to Unidentified Anomalous Phenomena (UAPs), the government’s official term for UFOs, here is, in fact, a substantial and growing body of highly compelling, verified evidence.
Public proof of extraterrestrial biological entities remains elusive, but the existence of physical crafts demonstrating physics-defying technology is now a matter of congressional and military record.
The most compelling evidence stems from the U.S. military itself. In 2020, the Pentagon officially declassified three videos captured by Navy F/A-18 Super Hornets between 2004 and 2015.
The 2004 USS Nimitz encounter remains the gold standard of UAP evidence. Commander David Fravor, a highly decorated Navy pilot, visually engaged a “Tic Tac” shaped craft off the coast of Southern California.
The evidence escalated significantly in 2023 during a historic congressional hearing. David Grusch, a former highly cleared U.S. intelligence official and member of the Pentagon’s UAP Task Force, testified under oath that the U.S. government is operating a multi-decade crash retrieval and reverse-engineering program for non-human spacecraft.