Target USD 400,000 for Bitcoin
According to Mark Yusko, the infrastructure growth of Bitcoin can push the price of this coin up to 400,000 USD.
Founder of Morgan Creek Investment Fund on BloxLive TV identified the world's largest digital currency, perhaps even decades to become digital gold. He explained that the coin was also experiencing gold over the centuries before. But this coin goes ahead of gold about the app.
"Bitcoin is easier to transport. Very easy to split. It's hard to rip a gold bar and its composition out pieces. Bitcoin has all these properties, this I think is superior to gold. "
Yusko offers a Bitcoin perspective inheriting the market value of gold, about 7,300 billion. He then divided the total supply of Bitcoin on the market in 21 million units. A bitcoin will then be 400,000 USD/BTC, even 500,000 USD, when part of the coin is lost forever.
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