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CEO Of Blockstream Predicts Bitcoin Will Hit $300k In The Next Five Years

Emily Mason

Summary: One of the original Bitcoin developers and CEO of Blockstream Adam Back has predicted that inflation of the U.S. dollar and economic uncertainty will allow Bitcoin to reach the $300k mark within the next five years, he told Bloomberg in an interview. He believes that the threat of inflation will drive investors to store their ...

One of the original Bitcoin developers and CEO of Blockstream Adam Back has predicted that inflation of the U.S. dollar and economic uncertainty will allow Bitcoin to reach the $300k mark within the next five years, he told Bloomberg in an interview.

He believes that the threat of inflation will drive investors to store their wealth in Bitcoin in an effort to preserve it's value.

By Emily Mason

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