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Charles Hoskinson predicts Bitcoin will rise to $500,000 in 2 years

Charles Hoskinson predicts Bitcoin will rise to $500,000 in 2 years

HappyCoinNewsHappyCoinNews2024/12/02 13:00
By:HappyCoinNews

Blockchain co-founder Cardano Charles Hoskinson held a live broadcast about the future of Bitcoin. Despite his strong attachment to his own development, Hoskinson remains a staunch supporter of Bitcoin (BTC), expressing confidence in its potential to reach a six-figure valuation.

No matter how good it is Ethereum , Solana и Cardano "Let's be intellectually honest about this, governments are talking about a strategic reserve in bitcoin and only bitcoin," Hoskinson told the stream.

 

This is their entry point. Maybe in five, ten or fifteen years that narrative will change, but I believe that Bitcoin will grow to a quarter million or half a million dollars over the next 12 to 24 months.

Hoskinson attributes this position to "an influx of investment and a lot of interest... which will ensure that it approaches the value of gold."

Simply put, Bitcoin "It's a store of value for the internet," Hoskinson said, expressing confidence that Bitcoin will continue to fulfill this role.

He added that his mission is to ensure that Cardano as the "spiritual successor" of Bitcoin, it remained relevant in this direction.

Hoskinson believes his job is to create the perfect platform for applications that can run on both the Bitcoin blockchain and Cardano This vision of his is the driving force behind his team's work on specific DeFi - projects aimed at Bitcoin .

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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