The first bitcoin billionaire predicted a 20-fold increase in the rate of cryptocurrency
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One of the largest holders of bitcoins and the first bitcoin billionaire Cameron Winklevoss predicted a 20-fold increase in cryptocurrency. This is written by Bloomberg.
The forecast of Winkwoss is based on the fact that the cryptocurrency is a more liquid asset than gold because its extraction is based on complex calculations on computers. He is sure that many investors will soon realize this.
"We believe that bitcoin will destroy gold," the billionaire stressed.
The market value of gold by some estimates is now estimated at $ 6 trillion. The capitalization of bitcoin in the peak state reached $ 300 billion. Hence the landmark in the 20-fold growth that Winklevoss hopes for.
Twin brothers Tyler and Cameron Winklevoss were the world's first bitcoin billionaires, the Telegraph recently reported. The brothers bought $11 million cryptocurrencies in 2013 at a price of about $ 120 for one bitcoin. Bloomberg believes that their current condition is estimated at $ 1.7 billion, and considering their other assets, the state of each exceeds $ 1 billion.
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