[ad_1]
"We are still bullish about Bitcoin. We know Bitcoin is better than gold. If our theory is right, in time, Bitcoin's market capitalization will surpass gold's $ 7 trillion. "
Bitcoin (BTC) Future Prediction
Saying Bitcoin will surpass is the height of any bullish sentiment towards the world's foremost cryptocurrency. Bitcoin and when is it? Well, one Bitcoin would cost about $ 333,333 as soon as the market circulation hits 21 million. For a single Bitcoin. Keep in mind that BTC is currently ranging between $ 3000 and $ 4200 with no breakout or breakdown in view. I know, it's a long way up to $ 333,333.
Bitcoin is not the only ones who are bullish about the Winklevoss twins. Nick Szabo, a cryptographer and a computer scientist agrees with the twins. In his words:
"Bitcoin is better than gold for many reasons. In many situations a government does not trust another government. In these kind of situations, Swiss banks are used to hold bulk funds. Unfortunately, Swiss banks are not trustworthy because they are subject to political pressures. This is why cryptocurrencies are the most trustworthy options. Another reason why cryptocurrencies are better than gold is that they are not subject to physical vulnerabilities like gold. In the past, they conquered some of the European countries, the first places were stormed.
What Else Is Happening In The Cryptocurrency Industry
Still on Ripple case, the creator of Tip Bot has decided to increase security on the platform. An update layer of protection against hackers. Twitter users were excited about the update.
Lobstr, a Stellar based wallet announced that it would be working on an update that will make the transfer of XLM tokens easy to use. This feature will allow you to send XLM not just for fellow accounts.
What do you think? Does Bitcoin have what it takes to surpass gold's market capitalization? If your answer is yes, how long do you think it would take for this to happen?
