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Can Bitcoin Hit 1 Million?

June 18, 2020

Is it the Right Time to Buy Bitcoin?

Over the last decade, Bitcoin has grown from a small-scale experiment built by cypherpunks into the dominant leader of a brand new asset class with a valuation sitting at well over $150 billion dollars. Just as the computer and internet radically transformed the way people store, process and share information, Bitcoin has provided a way to radically enhance the way we store, process and exchange value. 

While gold has historically played a pivotal role in economies driven by physical exchange, the world we live in today is becoming evermore digital. As our money and payment systems evolve, Bitcoin threatens to displace gold as the ultimate store-of-value asset.

Although some believe Bitcoin is an established digital asset already, the consensus amongst Bitcoin veterans and newly entered venture capitalist and investors is that the asset is still very much in its infancy.

If you are wondering whether you are "too early" to buy your first Bitcoin, check out the infographic below that outlines just how early you still are.

Can Bitcoin Hit 1 Million?
Courtesy of Visual Capitalist - Why Bitcoin can hit 1 Million.

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