How’s THAT For a Headline – Bitcoins Worth $1,000,000 Each?
So, what does Mr. Casares say the chances of each Bitcoin being worth One Million Dollars?
Maybe 1/10th of a percent? Maybe 1%, 55?
Mr. Casares, a very well known and experienced Bitcoin Entrepreneur, thinks there is a 50% chance that Bitcoin would be worth $1,000,000 EACH!! (Click here for the current Bitcoin Price as provided by our friends at Coindesk)
Think about it. . . .. Compare that to a lottery.
Would you purchase a $1 lottery ticket if you had a 50% chance to win $4,000? That’s basically what we are talking about with Bitcoin at $250.
Now, please, don’t go out and mortgage the house to buy Bitcoin.
But, like gold and silver, EVERY Portfolio should include SOME Bitcoin, a small percentage, as a hedge against inflation and economic, social and political unrest.
Yes, even here in the U.S. and other “Stable” Western Countries.
I’m just saying. …. <g>
original image: theverge.com