‘Bitcoin’s market cap will be $5 trillion in the next 10 years’

Aaron Lasher, co-founder of digital currency wallet Breadwallet, told Market Watch, that Bitcoin, which is currently hovering at $65 billion’ He stated that the market value of Bitcoin will reach $5 trillion in the next 10 years.

Lashar also stated that Bitcoin may experience some disruptions on its way to $5 trillion.

“As a long-time Bitcoin owner, this bull market will likely be followed by a pretty brutal bear market.. I thoroughly enjoyed the recent price movements. Got a crypto bubble? Yes definitely. Is this a bad thing? I’m not sure.”

Alerts to investors

Lasher also issued a series of warnings to digital currency investors. Lasher said investors should do extensive research before investing in digital currencies:

“I would not recommend any investor be interested in digital currencies without doing extensive research. People who invest money blindly are at great risk. They usually buy very high and sell early.”

Lasher also stated that within 10 years there will be 10 digital currencies that will surpass the $10 billion market cap.. There have been two digital currencies that have surpassed this level so far: Bitcoin and Ethereum…

Note: At the time Lasher’s interview went live, Bitcoin was trading at $4800.

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