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Bitcoin Can Hit $ 1 Million under a decade, says PayPal Director – Plus Ripple and XRP, Ethereum, Litecoin, EOS, Tron



From the Bitcoin trajectory of the coming years to the race between EOS, Tron and Ethereum, here's a look at some of the stories of breaking the crypto world.

Bitcoin

The latest member of PayPal's board of directors told Bitcoin (BTC) that could cross $ 1 million in seven to 10 years.

In a recent commentary, Wences Casares, who is chief operating officer of crypto custody solution Xapo, explains that the possibilities of Bitcoin to succeed and remain leading cryptocurrency are over 50%. He says that these possibilities are "irresponsible to have Bitcoin exposure that one can not lose," but it is also "almost irresponsible without any exposure."

"Bitcoin is a fantastic experiment but it's still that: an experiment. So there's still a chance to fail and lose money.

In my (subjective) opinion the opportunities Bitcoin fails at least 20%. But after 1

0 years of excellent work without delay, with over 60 million holders, adding more than 1 million new owners each month and moving over at $ 1 billion per day worldwide, it has a great chance of succeeding.

In my (subjective) opinions chances of succeeding are at least 50%. If Bitcoin will succeed, 1 Bitcoin can cost over $ 1 million in 7 to 10 years. It's 250 times what it costs today (at Bitcoin's price writing price of ~ $ 4,000). "

He cites Bitcoin's" unprecedented economic freedom "bill a key force. But the critical drawback for the most popular cryptocurrency in the world is not technical this is an issue of understanding.

"Bitcoin has no real value Bitcoin is just money and most types of good money have no real value. Gold, the US dollar and the national currencies do not have any real value but because they have the amount of money over a long period of time that most people consider that they are really important, which is a big advantage. The main drawback to Bitcoin is to be clear to be successful is to build a similar the broad social sense of value and achievement is an extremely ambitious goal. "

EOS, Tron, Ethereum

EOS is the largest blockchain platform for decentralized app (DApp) volume, according to the new number from Dapp Review. In the last 24 hours, the $ 15.1 million EOS amount flows through the DA-based EOS.

At the same time, the Tron network was recorded $ 10.2 million at TRX volume, while Ethereum saw $ 5.4 million in ETH volume.

Meanwhile, Luxembourg Private Equity and Venture The Capital Association (LPEA) examines the digital asset XRP (called Ripple) and has determined that it is not a security because it is "intended to be used, now or in the future, as a means of payment for procurement of goods or services or as a way of money or transfer amount. "

Litecoin

Litecoin created Charlie Lee joining the latest episode of Magical Crypto Friends, a monthly crypto talk show.

This edition looks at blockchain vs. timechain, new Square support for Bitcoin and more.

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