2017: THE YEAR OF BITCOIN Ftec's timing is impeccable.
We are entering a new era in bitcoin.
The currency of the future
With easier access for hungry institutions, the upside for Bitcoin can be significant. But how significant? Can the “post-IPO” multiples match those of the “pre-IPO” years? It’s unlikely, but not impossible, especially if you assume that Bitcoin belongs in the same category as gold and currencies. Gold is estimated to have a “market cap” of $7tn and the U.S. Dollar’s monetary base is around $3.8tn.
As an asset, Bitcoin is an animal unlike any other. Just like other world-changing startups that went public in the last 10 years, it’s a relatively young invention. Many questions are still on the table and black swans could definitely pose existential threats to it. But all the signs point to the fact that we’re entering a new era in this asset’s history.
2017 Will Be Remembered As The Year Of Bitcoin
Forbes - 4 hours ago