Bitcoin's Fraud Resistance and Potential for Massive Growth Could Fuel Lifetime of Price Rises
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Bitcoin's immutable ledger and timestamping system makes it fraud-resistant and self-auditing, unlike traditional accounting systems. This could make it a cornerstone of future financial products.
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BTC has already increased 200x in value over the past decade. Experts predict it could increase another 200x over the next 10 years.
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BTC's capped supply and increasing adoption as a store of value means prices will likely continue rising indefinitely.
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Major price increases to $1 million per BTC could cause economic disruptions that encourage further adoption.
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As more institutional investors buy BTC, its status as a mainstream asset class will solidify, driving prices higher.