Nasza strona używa ciasteczek (cookies). Zostając na niej, zgadzasz się na warunki korzystania, które znajdziesz tutaj.

Created with Sketch. Wróć

What will the future of Bitcoin look like? According to experts, the record value of the digital coin is not over yet

On February 16, 2020, an extraordinary record was announced - the price of the Bitcoin cryptocurrency broke the $ 50,000 barrier. There are conservative opinions among investors and economists about the possible repetition of the scenario from 2017, when the currency unexpectedly lost 80% of its value after a dynamic growth. However, according to many experts, in the coming years BTC will break the records it has set.

What will the future of Bitcoin look like? According to experts, the record value of the digital coin is not over yet

After several months of stagnation last year, it seemed that Bitcoin's rate had slowed down for a long time. Meanwhile, the oldest cryptocurrency began 2021 with a price of around $ 29,000 per coin and does not intend to stop there. The global crisis caused by the SARS-CoV-2 virus pandemic has made it much easier. People who wanted to secure their assets and austerities began to treat Bitcoin as a successor of gold. The world's largest companies invested heavily in BTC and the media fueled the hype around the currency. This is how the bullish rally began, which caused that today the value of the virtual coin is 30 times greater than an ounce of the most popular bullion. What comes next?

Anthony Scaramucii, founder of the investment firm SkyBridge Capital, predicts that by the end of 2021, the Bitcoin price may reach an unimaginable amount of $ 100,000. The investor, admittedly, points out that the cryptocurrency exchange rate is volatile and we must be careful, but he does not hide his enthusiasm for the future of currencies hidden behind blockchain technology.

Anthony Pompliano goes one step further. Co-founder of Morgan Creek Digital Assets outlines a long-term forecast, claiming that it is possible that by the end of 2030 one Bitcoin will be the equivalent of 500,000. dollars. Finally, it may even reach the limit of one million. Both Pompalino and Scaramucci believe that the cryptocurrency will achieve greater capitalization than gold and will become a new form of protection for the purchasing power of individuals, entrepreneurs and financial institutions.

Regardless if the value of Bitcoin breaks with the explosion of the speculative bubble or the forecasts of optimistic investors come true, it is certain that cryptocurrencies will remain an integral part of the global economy. They are attended not only by people from the financial industry, but also by celebrities, for example, the actress of the series "Game of Thrones", Maisie Williams, who publicly announced the purchase of BTC in November 2020. World governments are also not indifferent to the new form of payments and investments. The newly elected US Secretary of State, Janet Yellen, who in 2018 revealed her aversion to cryptocurrencies, in a statement on the website of the Senate Finance Committee in January this year. points out that despite concerns about the illegal and criminal use of digital assets, she recognizes the benefits of cryptocurrencies and believes that the society should be encouraged to use them legally. The European Commission also announced that the European Union is in favor of supporting pan-European legislation on blockchain-based activities. As Executive Vice President of the European Commission for An Economy that Works for People Valdis Dombrovskis said: "The future of finance is digital."

Autor: Alicja Ciemińska