PayPal Director Says Bitcoin Will Hit $1 Million in 5-10 Years

Wences Casares, CEO of bitcoin wallet Xapo and individual from PayPal's directorate has made a convincing conjecture on bitcoin's an incentive throughout the following decade.

The bitcoin business visionary and official was talking at the Consensus 2017 gathering in New York. Making that big appearance at a supper composed by bitcoin and blockchain backing bunch Coin Center, Casares' discourse was a remarkable hit.

The biggest mistake [would] be to buy more bitcoin than you can afford to lose. The biggest mistake is [also] not to own any bitcoin,” he told the gathered audience.

Put 1% of your net worth in Bitcoin and forget about it for 10 years” Casares added, baiting new investors to adopt the cryptocurrency.

His speech also included a prediction for the cryptocurrency, where one bitcoin would hit $1 million before the next ten years.