This was recorded going way back to October 2017 when price was still under $5,000 per coin and predicting Bitcoin will be at $25,000 in five years. At the time of this post Bitcoin price is at around $16,000 ,but also peaked at around $20,000 in December. Tom Lee explains metacalfe law and how the value in Bitcoin will increase over time. The youth today do not see value in gold and more value in cryptocurrency for the future.
Definition: Metcalfe’s law states that the value of a telecommunications network is proportional to the square of the number of connected users of the system (n2). Facebook has value because of users on facebook. Facebook would be a lonely place by your self.
The early adaptors will be in countries where they have hyperinflation. By the time the US gets involved the value will be astronomical and only the top 1% will be able to afford it. This is only my opinion and not financial advice and for educational purposes only.
Tom Lee & Rick Falkvinge predicts bitcoins price should reach in the millions of dollars per coin.
El Salvador becomes the first country to make bitcoin legal tender
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