Bitcoin (BTC) gets back on track and has once again crossed the 7,000 dollar mark. For the crypto-enthusiasts, the ambitions to review a BTC to 20 000 dollars are emerging gradually. To go further, Morgan Creek Digital CEO Mark Yusko even predicted a 6-digit value of $ 500,000.
Bitcoin continues its rise
The good weather is well returned to the crypto planet since the revival of Bitcoin at the beginning of April.
After 5 months of hibernation, the course finally resumed its rights to exceed the threshold of 5000 dollars in April, before exploding considerably in May.
Behind this feat, the crypto-enthusiasts wake up little by little and aspire to a result as sparkling as in 2017 with a cost of 20 000 dollars.
In addition, some BTC enthusiasts are more ambitious, like Mark Yusko, CEO of Morgan Creek Digital, who announced a price of more than $ 500,000 in the near future.
Bitcoin would be better than gold
If the leader of Morgan Creek is banking on a cryptocurrency boom, it is for economic reasons simply. In his recent statement, he mentioned that the BTC was a much better asset than gold, and that its scarcity contributed to its growth.
"If we get the total value of the Bitcoin market value or the value of the gold network, that would amount to about $ 7400 billion divided by 21 million tokens, although there are only 21 million left, and you get about $ 400,000, maybe $ 500,000 the token, "he says.What do you think of this theory launched by Yusko on the meteoric evolution of the BTC? Comment in the comments section.