Express

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

Last Update:

Tags: ,,,
Link: CEO Of Blockstream Predicts Bitcoin Will Hit $300k In The Next Five Years   [Copy]
Next:

Related Articles

  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 2 days ago
  • Is the Crypto Bull Market Over? 3 days ago
  • EIGEN Airdrop: The Evolution of Ethereum 4 days ago
  • The Endgame of Layer 2s, Explained 7 days ago
  • The Bitcoin Halving is Complete! What’s Next? 14 days ago

    • You need to login to comment.