PayPal Director Makes Spectacular Statement About Bitcoin

Xapo CEO and director at PayPal, Wences Casares, recently made some spectacular claims about the potential price of Bitcoin in the future in an essay that was published in Kana and Katana, stating: “In my (subjective) opinion those chances of succeeding are at least 50%. If Bitcoin does succeed, 1 Bitcoin may be worth more than $1 million in 7 to 10 years. That is 250 times what it is worth today (at the time of writing the price of Bitcoin is ~ $4,000).”
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