Can Bitcoin hit $500k in three years?

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Sure. Very nice interview about Bitcoin from John McAfee.

Found this video from a shorter version published in @ansisltd post - Is Bitcoin a bubble? John McAfee explains his theory about BTC and its value.

This video comes from CNBC article where McAfee tells his point of view.

"You called bitcoin a fraud," McAfee told CNBC's "Fast Money" on Wednesday. "I'm a bitcoin miner. We create bitcoins. It costs over $1,000 per coin to create a bitcoin. What does it cost to create a U.S. dollar? Which one is the fraud? Because it costs whatever the paper costs, but it costs me and other miners over $1,000 per coin. It's called proof of work."

So, he is one of the persons who is interested in blowing this Bitcoin bubble bigger and bigger, because he makes money out of it - he is a miner. If he is smart enough and sure he is - he does not care if Bitcoin bubble finally blows off. Because he can switch his power to mine another cryptocurrency and continue to earn money from another bubble. 😂

What he does not tell us is how Bitcoin can get to this $500k mark in three years. And I think that it is only through the Bitcoin Bull trap stage.

Can Bitcoin hit $500k in three years? | Ecency