Monday, January 3, 2022

Bitcoin Is Undervalued


Bitcoin is undervalued at the current price of around 46 707  USD.

I agree with Cathie Wood that Bitcoin can reach a price of 500 000 USD in the next 10 - 12 years.

Bitcoin saves people time, effort and money. In my opinion, the blockchain algorithm underlying Bitcoin will amplify Bitcoin's value creation and transfer its advantages to the broader economy.

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