Former Bitcoin lead dev predicts demise of BTC network … with a major silver lining
Bitcoin prices could reach $6 million per coin in forty years’ time, but the whales may eventually pull the plug. Go to Source Powered by WPeMatico
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Venture Capitalist Tim Draper Doubles Down on His $250K by 2022 Bitcoin Price Prediction
American venture capital investor Tim Draper still believes in a bitcoin price prediction he made in mid-April 2018, at the Draper University blockchain party. At the time, Draper said that he thinks bitcoin could reach $250K by 2022, and during an interview with CNBC’s Jade Scipioni this week, Draper reiterated his six-digit bitcoin price forecast. … Read more
CFTC Chair Explains Why US Has Regulated Bitcoin Futures but Not Bitcoin ETFs
The chairman of the U.S. Commodity Futures Trading Commission (CFTC) has explained why bitcoin futures have been approved in the U.S. but bitcoin ETFs have not. He also shared his thoughts on the future of cryptocurrencies and how they can potentially solve currency-related problems in as much as two-thirds of the world’s countries. Also read: 160 … Read more
Peter Thiel: Crypto vs AI Dichotomy Will Determine the Future of Humanity
From time to time we all need a reminder that Bitcoin is much more than just an asset that can be checked on a daily price chart. Peter Thiel reveals that he believes the “crypto vs AI dichotomy” will shape the future of humanity, presenting us with a choice between a Big Brother totalitarian government … Read more
What Is a Decentralized Autonomous Organization?
A key topic of discussion within the cryptocurrency space is the ultimate implications of cryptocurrency and the underlying blockchain technology. One of the first transformational possibilities shared among the community was the idea of the Decentralized Autonomous Organization (DAO). What Is a DAO? A Decentralized Autonomous Organization represents an environment that handles some function or … Read more
Niall Ferguson Tells Bank of England Bitcoin Is Financial System of the Future
Central bankers are being warned by researchers that the crypto revolution will overtake the system they are in-charge of preserving. Recently, British economic historian and author Niall Ferguson told the Bank of England that Bitcoin is the financial system of the future. Also Read: This Week in Bitcoin: McAfee’s Bullish Prediction and a Guy Living … Read more
SEC Official Criticizes State of ICO Industry, Open to Regulated Future
United States Securities and Exchange Commission (SEC) commissioner, Robert Jackson, has expressed his belief that initial coin offerings (ICOs) will be legitimized under existing securities legislation. Despite the optimistic outlook, the commissioner has criticized the current state of the ICO industry. Also Read: Taxis Take BCH, Stores Sell BTC in the Russian City of Rostov SEC … Read more
On the Money Prognosticator Draper’s Bitcoin Price Prediction: $250,000 by 2022
The well-known venture capitalist and cryptocurrency investor Tim Draper has revealed his four-year prediction after holding back his statements in a few interviews some weeks ago. Now Draper, who correctly predicted bitcoin’s price would surpass $10,000 USD per coin by 2018, believes in just four years the price will be $250,000. Also read: Coinsecure Announces Repayment … Read more
