We in trouble it looks like!
The price of a bitcoin token may easily grow to $1 million over the next five years, according to CoinDesk Learn Editor Ollie Leech. “Bitcoin is going to $1 million a coin. I actually believe that it will, at some stage, with just the scarcity aspect alone, it makes it an incredibly exciting asset to hold… Bitcoin is uncontested,” the journalist, who focuses on cryptocurrencies, told Yahoo Finance.
If it shoots to the next galaxy then does that mean the dollar will be something like 100,000,000 $ for a loaf of bread?
Seems like this is not going well, except for a very few…
Heck lets just make it $100,000,000 per coin and get it over with… (Weimar Republic – Zimbabwe anyone?)
FYI – 1 BTC = 1 KG of Gold…