Ross Ulbricht: ‘The Sky Is The Limit’ For Bitcoin

Silk Road founder Ross Ulbricht is serving a hefty, hefty sentence in federal prison but still follows and is a big believer in Bitcoin…here’s a recent article on his musings on Bitcoin from his Medium account…

Silk Road Founder Ross Ulbricht: ‘The Sky is the Limit’ for Bitcoin

Ross Ulbricht: 'The Sky Is The Limit' For Bitcoin

“If wave II takes prices down to $1,000 and wave III is as big as wave I, then wave III will drive prices to $333 million. Assuming 21 million bitcoins, that’s a market cap of $7 quadrillion. That’s more than ten times the current GDP of all humanity. So the point is — long term — the sky is the limit.”

Master Asked on April 27, 2020 in Bitcoin.
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