Bitcoin ‘Will Be Worth $1 Millon In A Decade’ Says XAPO CEO

The CEO of Bitcoin Wallet Xapo Wences Cesares, with all his experience and enthusiasm involving the cryptocurrency world, has a bold prediction that stands out from all others: in a decade, a single Bitcoin could be worth a WHOPPING $1,000,000.

Sounds insane right? That kind of growth can't possibly be healthy and sustainable to even think about those kind of prices!

Before you blow this off, Bitcoin has gained 75,300% since 2011

Therefore, with that kind of growth over the past 6 years, the price of a single Bitcoin would be an astounding number, way into the millions of dollars.

In April, Blockchain CEO Peter Smith joined Snapchat investor Jeremy Liew in saying $500,000 would be the cost per coin by 2030. At the time, Bitcoin cost around $1,170 - around half its current price.

"We believe Bitcoin awareness, high liquidity, ease of transport and continued market outperformance as geopolitical risks mount will make Bitcoin a strong contender for investment at a consumer and investor level," the pair said.

With that in mind, if you invested a mere 1% of your net worth, what do you have to lose?