'BTC will be $1 million someday' says Jesse Lund, VP of blockchain at IBM

22 Feb, 2019 | Updated: 22 Feb, 2019
by Joeri Cant
Bitcoin
'BTC will be $1 million someday' says Jesse Lund, VP of blockchain at IBM

During an interview with Crypto Finder, Jesse Lund, the vice president of blockchain and digital currencies at IBM, shared his very bullish view on the future value of the world's most popular cryptocurrency.

When the vice president of blockchain and digital currencies at IBM, was asked about his expectations in regards to Bitcoin's future price, he said that he has a long-term outlook on Bitcoin.

'I see Bitcoin at a million dollar someday', he said. 'I have actually blogged about this a little bit.'

Read more: Is Bitcoin at $1 million really possible?

'I like that number, because if Bitcoin is at $1 million, then a Satoshi will be equal to one U.S. penny, which would mean that there is over $20 trillion of liquidity in this network and this $20 trillion of liquidity would massively change the global financial services landscape.'

The IBM VP sees Bitcoin going to $5,000 by the end of the year, but sees a way higher upward trajectory for Bitcoin in the long run.

Jesse Lund joins crypto enthusiast and anti-virus programmer John McAfee in his bullish $1 million prediction for Bitcoin. 

However, we are pretty convinced Lund won't join McAfee in his bet, where McAfee promised ‘to eat his own dick’ if Bitcoin doesn’t reach $1 Million by 2020. A wager which is looking increasingly unlikely to fall into McAfee’s favor.

As 2020 is rapidly approaching, McAfee is preparing for the worst case scenario ...

Read more: 9 Bitcoin price predictions for 2020 by crypto experts

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