What will Bitcoins be worth in 2025?


by aaliyah , in category: Economics , 3 years ago

What will Bitcoins be worth in 2025?

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1 answer


by melvina , 3 years ago

Bitcoin purchases are done on a Blockchain.

What is a Blockchain?

The definition is: " A digital ledger of transactions that is duplicated and distributed across the entire network of computer systems." In other words, a Blockchain is transactions made public on the computer. When a person uses Bitcoin, it is made public on the Blockchain.

Bitcoin, a cryptocurrency, is a popular way to make purchases. It is predicted that 1 unit will be worth $318,000, and perhaps as high as $500,000 in the year 2025. That being said, Bitcoin is a little risky, because of possible identity theft, but the risks may be well worth it.

What is Cryptocurrency?

It is a digital way to purchase, with no bank involved. Max Kaiser predicts that 1 unit will be worth $100,000 by 2025, and could go as high as $400,000 in the long term. As of July, 2021, the price of one unit costs $32,979.