http://blogs.wsj.com/digits/2014/04/02/bitcoin-price-to-1-million/The guy from Xapo predicts 500 to 1 MM. I can definitely wait 10 years for that and be a happy man. I hope he is right, and his prediction is accurate. One doesn't make such predictions unless you aren't 100 convinced that it will happen, because making wrong predictions hurts your business and he has a Bitcoin business.
10 years means 3 more halvings, which means the 30% of global electricity estimated to be necessary for 500K today would be down to <4%.
Plausible.
Could you elaborate more on this please.
Thank you.