Could Bitcoin Hit $1000000 in the Long Run?

One bitcoin is worth nearly $400 today. Think that sounds like a lot for a currency you can’t physically touch and that has been around for only a few years? Well, it could go much, much higher, according to one observer.

To be able to make an assessment whether to invest in bitcoin or not, you need to understand where it comes from and what might make it valuable. This, however, is not an easy task for someone who is not well versed in cryptography and monetary policy. To get a better understanding, we sat down with a prolific writer within the bitcoin space, Datavetaren, to learn more about his viewpoints on bitcoin, blockchain and what the future might hold.

Datavetaren, as he is best known as through his blog and active twitter account is probably best described by some of his own tweets.

The greatest invention with #bitcoin blockchain is that you don’t have to trust anyone.

— Datavetaren (@Datavetaren)
6 december 2015

#bitcoin is backed by the inability of arbitrary debasement.

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Read more ... source: TheBitcoinNews