What is the future of Bitcoin?🤔🤔🤔
What is the future of Bitcoin? Will it become a mainstream currency, or will its popularity wane, and why?
Maybe you should listen to a couple of Billionaires and what they were saying about Bitcoin instead of asking the layman.In the Lisbon Websummit conference, one of the biggest Silicon Valley icon,
Tim Draper who made over $1 billion by getting early on Twitter, Skype, Tesla had this to say:
he told Forbes:
In five years, if you try to use fiat currency, they will laugh at you. Bitcoin and other cryptocurrencies will be so relevant... there will be no reason to have the fiat currencies."
Hedge fund legend Mike Novogratz
on the other hand predicted last month that Bitcoin will hit $10,000 in the next few months time.
And he’s not just saying it, he’s putting his money where his mouth is with a $500 million crypto-fund.
Recently, after the short $1000 dip from the Segwit2x cancellation, he was also rumored to have bought $15–20 million worth of Bitcoin. (probably less than 1% of his portfolio)
John McAfee - creator of the antivirus software predicts that Bitcoin will hit $500,000 within three years.
Mark Cuban changed his long term skepticism and invested in a Bitcoin ETN. But he said you got to pretend like you’ve lost your money like collecting art or baseball card.
Bill Gates mentioned in 2014 during an interview that Bitcoin is “Better Than Currency”
Richard Branson Thinks Bitcoin is Working and is an investor in Bitpay a Bitcoin payment processing platform
Of course, there’s no guarantees these guys will be right, but they’re the 1% and we’re the 99%. So who would you listen to?
Warren Buffett is probably one of the famous Billionaires who says Bitcoin is “The Real Bubble” For me , I haven’t heard of these types of bullish forecasts since the early days of the internet and tech bubble. Or you might have read the famous comparison to the Tulip mania. But how can you still compare Tulip Bulbs to cryptos? Personally it doesn’t make sense. To understand why Bitcoin is a revolution and a brand new asset class that is completely different from stocks, bonds and other traditional currencies you’ve got to http://thinkmaverick.com/what-is-bitcoin-cryptocurrency/
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