Morgan Creek co-founder and partner Anthony Pompliano has made a bold prediction for Bitcoin (BTC), tweeting on August 16 that it will exceed the market cap of gold by the end of the decade.

• Pompliano says that Bitcoin will surpass gold’s market cap, whatever it is, by December 31, 2029
• Pomp, as he is called, doubled down on Bitcoin’s role as digital gold
• Took a conservative stance, believing that there are many things that could slow growth
• Bitcoin’s current market cap is roughly $384 billion; gold’s is roughly $9 trillion
• Bitcoin critic Peter Schiff responded, saying that it would be lucky if the market cap reached that “of a baseball cap”