The billionaire investor and founder of Morgan Creek Capital, Mark Yusko predicts that bitcoin will be valued at $400,000 in the long term. This may be true if the demand will rise up and if his points that in the future, banks will be replaced by blockchains specifically bitcoin.
This will absolutely change the things we were used to. If transactions will all be verified in the blockchains, banks will no longer be necessary making it more efficient for us. The blockchains being the next trust institution, it will surely frightened out the bankers.
When asked his prediction comparing bitcoin to gold:
“It’s just math. It is gold equivalent…there are about 20 mln Bitcoin available today. Gold today is about $8 tln. That gives you $400,000. And that doesn’t include use cases that relate to currency.”
Imagine how much you will have someday based on what you have invested today. Use your funds wisely my friend!
Source: https://cointelegraph.com/news/mark-yusko-defends-his-400000-bitcoin-prediction