The chief advertising and marketing officer at OKX, Haider Rafique, invited the general public to vote on whether or not his 5 proposed doable future developments for Bitcoin (BTC) have benefit or are absurd. Trying forward, the vast majority of these voting on the time of writing see these developments as doable. This, given Rafique’s calls, remains to be stunning.

Is it affordable or absurd?

Among the many prospects for the long run, the crypto determine means that Bitcoin’s worth will completely peak at $500,000 or extra. Understandably, after Balaji Srinivasan’s multimillion-dollar wager, such predictions could seem understated to some. Nonetheless, given the present variety of BTCs in circulation, this worth would convey the cryptocurrency’s market capitalization to $9.66 trillion. As compared, the market capitalization of gold is now round $12.84 trillion, in response to varied sources. Contemplating what Rafique included in his forecast, other than the value, it doesn’t appear in any respect not possible.

The remainder of Rafique’s assumptions embody things like the retention of BTC by lots of of huge publicly traded firms on their stability sheets. As well as, the cryptocurrency will develop into a reserve forex for no less than 50 nations, and the variety of Bitcoin addresses will hit no less than 2 billion. Lastly, asks the creator together with his survey, is it doable that Bitcoin’s market capitalization will exceed that of the highest valuable metals?