Top Wall Street strategist sees bitcoin 'cannibalizing' gold, worth as much as $55,000
I agree that Bitcoin could reach $55,000 within the next 5 years or even sooner, and I also agree what this article says about Bitcoin being a substitute of Gold. Read The Article here
http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html
In my opinion I believe Bitcoin should survive as a store of wealth and as a form of currency and the elites will collect their capital gains taxes and should have a good future ahead.
The elites will never allow it to become the world currency, however, it will have it's role for their own agenda. Their own currency and a cashless society. (Nothing new, on it's way)
I also think that precious metals are still a wise investment and a great hedge too.
I hope you enjoy reading the article above.
morning friends 😊
Good morning to you too! :)