On the subject of where next for Bitcoin, a senior economist recently wrote that Bitcoin could rise beyond $1 million or it could go to zero. “The ‘true’ value of Bitcoin depends on its future use case,” wrote Teunis Brosens, a senior economist at ING. “If users would, en masse, lose interest, then it could end at zero. On the other hand, in the unlikely scenario that Bitcoin takes over all worldwide payments, its value could rise...
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