I’ve been told by naysayers that Bitcoin “will never hit $100k” and such a proposition is absurd. With a combination of the factors above, I believe that Bitcoin will usurp the $100k barrier within the next 3 years, but the path won’t be seamless. There will be cycles of boom and bust. Also, it’s possible that Bitcoin fails to reach such valuations or is halted by a massive setback like a black swan event. However, my bet is clearly on Bitcoin. In fact, I envision that someday we’ll look back and realize that the greater risk was not investing in Bitcoin at all.

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