The sharp surge in Bitcoin’s price has prompted residents of the planet to reconsider their investments and choose the new cryptocurrency, which experts estimate could be worth 1 million dollars per coin by 2024. In just one quarter, the number of electronic wallet users doubled, from 5 to 10 million. According to statistics, the growth in cryptocurrency holders is proportional to the increase in Bitcoin’s value.
200 million Bitcoin users by 2024
And this is only official data. Considering Asian capacities and comparing with statements from owners, the figure could triple, as the largest cryptocurrency exchange Coinbase alone announced 13 million supported wallets. In fact, Bitcoin has a chance to become a global currency in the near future.
The emergence of Bitcoin futures in mid-December 2017 promises to bring the cryptocurrency into the traditional financial market, where investors will be able to conduct banking operations freely and securely. Certainly, the business sharks will be followed by smaller players who will try to integrate Bitcoin into their payment systems by creating applications for banking management on personal computers and mobile phones.
Perhaps, the statement made by experts in early 2017 no longer seems strange to users. Recall that in March, crypto-billionaires the Winklevoss brothers announced the destruction of gold’s dominance, which will give way to a new world currency. It is still difficult to say how events will unfold, but experts from the European Development Bank do not recommend rushing to sell precious metals, which they compare to a bluebird in the hand, contrasting with Bitcoin — a crane in the sky.
