Happy Birthday, Bitcoin! What's Next for the Flagship Cryptocurrency?

Just this week, the world's first cryptocurrency celebrated its 14th birthday. Since its creation in 2009, Bitcoin (CRYPTO: BTC) has become the pioneer of an entire asset class and went from being worth mere pennies to hitting an all-time high, just shy of $70,000, in November 2021. In addition to its monumental price ascension, it has become recognized as an official currency of two countries, is held by Fortune 500 companies, and has benefited from an ever-growing user base thanks to some technological advancements.

Of course, all of this raises the question: Where could Bitcoin be in another 14 years? 

By 2037, I believe there will be a handful of realities that could unfold for Bitcoin in the future. While I am confident there will be developments we can't yet envision, we should take any predictions with a grain of salt. As much as I hope to be correct, I don't have a crystal ball. But I do have data and research on which to base my hopes. 

Continue reading


Source Fool.com