While some people believe that the surging value of Bitcoin represents a financial bubble, John McAfee explains why this is not the case.
Because Bitcoin and other blockchain currencies are changing how we transact value, the old systems are shedding this value as people stop using them.
The Long Term Trend Dictates That Bitcoin is Headed to $500K
The incentives for mining Bitcoin, and the popularity of the platform, continue to grow, and the trend is clear.
Bitcoin is here to stay, and despite dips and bumps in the road, will continue to grow in value.