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bitcoin Xapo and a board member at PayPal, provide compelling predictions regarding the value of the bitcoin currency over the next decade. Where he spoke at the 2017 Conciliation Conference in New York. He delivered a speech at a dinner organized by the bitcoin and blocin group pro-currency center, his speech was a lightning strike.
Since the dinner was not attended, and no video was found to speak, some snippets were taken from his online commentary. He highlighted the currency of bitcoin, where Casares saw that "the Internet has no currency and is in desperate need of one", drawing attention to the most popular encrypted currency in the world.
He also told the audience: "[The biggest mistake will be buying more bitcoin currency than you can afford to lose. But the biggest mistake [too] is not owning any bitcoin currency. "
"Put 1% of your net income into the bitcoin coin and forget it for 10 years," Casares said.
His speech also included the prediction of the encoded currency, that one of the bitcoin currencies would be worth $ 1 million by the next ten years.
As long as Casares was a pioneer in the technology business. He was the first founder of the ISP in Argentina, as well as one of the first promoters of the bitcoin currency. He also launched the retail bank in Brazil before the recent launch of the bitcoin Xapo portfolio. In early 2016, Casares joined the board of PayPal, where he was described as "the next generation leader of payment methods and currency coding ideas."
However, the Casares forecast has sparked controversy among the most bullish forecasts for bitcoin currency prices so far. He was also predicted by both financier Chat Jeremy Liu and Plucheen CEO Peter Smith that bitcoin currency prices would reach $ 500,000 by 2030.
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