BITCOIN’S PATH TO $1MILLION US AND BEYOND
BITCOIN’S PATH TO $1MILLION US AND BEYOND… “……A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.” (Bitcoin: A Peer-to-Peer Electronic Cash System, Satoshi Nakamoto) https://bitcoin.org/bitcoin.pdf August 21, 2019 By Zoltan Vass Zalan59@gmail.com INTRODUCTION: THE PURPOSE OF THIS SUMMARY IS TO ILLUSTRATE AND SUPPORT A CASE HOW BITCOIN MAY BE ABLE TO REACH $1 MILLION US AND BEYOND THE NEXT 5-10 YEARS. Satoshi Nakamoto published the bitcoin white paper 31/Oct 2008 [1], created the bitcoin genesis block 03/Jan 2009, and released the bitcoin code 08/Jan 2009. So, begins a journey that leads to a $200bn bitcoin (BTC) market today. THIS WORK IS FOCUSED ON TWO MAJOR COMPONENTS: 1. TECHNICAL 2. FUNDAMENTAL ALTHOUGH MY CURRENT RESEARCH WAS WRITTEN AS A SUPPORTING ARGUMENT FOR A PROJECT CALLED “THE BITCOIN HOUSE”, ITS FINDINGS COULD VERY WELL SERVE AS A FOUNDATION FOR OTHER BITCOIN/BLOCKCHAIN RELATED VENTURES IN THE FUTURE, OR IT