With Bitcoin currently trading near $5000, the obvious question for investors is: how high can it go?
The following micro-documentary from Wealth Research Group explores the technology behind the hype, its possible future applications, forecasts for its potential value, and the challenges that will be faced by the entire crypto-currency sector in the months and years ahead:
Though the sector will no doubt run into headwinds, especially on the regulatory front, now that blockchain technology is out of the bag it cannot be stopped. Investment hedge funds are moving into the sector, dedicated mining companies are being established to build consensus networks, consumers are beginning to adopt digital currencies as mediums of exchange, and thousands of jobs that didn’t exist just a couple of years ago are coming into existence.
Watch the full documentary: Bitcoin $20,000: Dream Or Reality