Sunday , June 13 2021

Bitcoin to recover no earlier than 10 years

Bitcoin will be able to return to the historic maximum of $ 20,000 not earlier than 10-11 years.

This is what the founder of Cardano, the co-founder of Ethereum and the head of the blockchain company, says. IOHK Charles Hoskinson, reports Cointelegraph.

"It may take 11 years to reach the figures for 2017, but at this point we will be very different from other ecosystems. We will have millions, perhaps even billions of consumers, who will use crypto-rolls to buy goods and services, "Hoskinsen said.

According to Cardano, the key point in the industry is the arrival of institutional investors. Wall Street is looking for new investment assets for a long time, and digital money developers have to give the big players a careful roadmap to attract their attention, said the specialist.

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