Bitcoin: Will it become a mainstream currency?

No doubts, even not single, that the value of cryptocurrencies touching sky fast. Even, have you spotted that the Digital currency Bitcoin, made headlines in 2013 for its worth touches the $200, and now it’s about $7,000 (£5,250)? Of course, this Digital currency, making people rich so fast, and this raise several bonus coupon systems, 1xbet promo code, for example.

What is the future of Bitcoin? Will it become a mainstream currency?

Actually, the crypto currency is the digital assets (Bitcoins for example) with strong cryptography that makes the financial transactions more secure, in this transaction the sender send virtual currency to the receiver, and at the other end the user also received currency virtually, but not in real. In this way all transactions virtually in peer-to-peer network.

Nowadays, several People have a habit to check, check Bitcoin price today before start their day, so cryptocurrencies deserve an introduction first. Few digital currencies listed below

  • Bitcoin
  • Bitcoin Cash
  • Cardano
  • EOS
  • Ethereum
  • Litecoin
  • Ripple
  • Stellar
  • TRON
  • ZCoin

Let’s know what the Billionaires thinks and what they were saying…

Tim Draper (made over $1 billion): At the Lisbon Web summit conference, one of the biggest Silicon Valley icon, he told to Forbes:

“In five years, if you try to use fiat currency, they will laugh at you. Bitcoin and other cryptocurrencies will be so relevant… there will be no reason to have the fiat currencies.”

Hedge fund legend Mike Novogratz: Think positive with predictions that the “Bitcoin will hit $10,000 in the next few months time.” And he’s not just saying it but also following it, the interesting thing is that he investing his money with a $500 million crypto-fund. Amazing, is it not?

John McAfee – The well known Billionaires because of creator of the antivirus software. And, he predicts that Bitcoin will hit $500,000 within three years.

Mark Cuban – changed his long term skepticism and invested in a Bitcoin ETN. But he said you got to pretend like you’ve lost your money like collecting art or baseball card.

Bill Gates mentioned in 2014 during an interview that Bitcoin is “Better Than Currency

Richard Branson Thinks Bitcoin is working and is an investor in Bitpay a Bitcoin payment processing platform Of course, there’s no guarantee these guys will be right, but they’re the 1% and we’re the 99%. So who would you listen to?

Warren Buffett is probably one of the famous Billionaires who say Bitcoin is “The Real Bubble”.

The Buying process of Bitcoins will have to be made much simpler than it is at present. All indications point that the process will get more streamlined, so buying Bitcoins will be an easy task.

Bitcoin Legal or Not?

The legality of Bitcoin depends on where you’re located. For example, this year Japan allow Bitcoin legally for make payment, and India might be next. The most countries, however, it somewhat operates in a gray zone, of course neither official ban nor approval of the Bitcoin.