Prominent CEO: Bitcoin Isn’t Digital Gold Yet, But $10,000 Is Still Possible

October 22, 2018

 

Over the decade-long history of Bitcoin, the popular digital asset has been called everything from a money launder’s tool to the first-ever truly global currency. But, although Bitcoin’s definition has undoubtedly changed over the years due to the whims of investors and industry leaders, many still believe that BTC is on the cusp of becoming digital gold — a digitized asset that isn’t correlated to traditional markets, holds value over extended periods of time, and is hard to come by. After taking a week-long hiatus from discussing crypto assets, CNBC Fast Money finally carved out some time to discuss this nascent industry on Thursday, calling on a well-established industry insider to lend his expertise to viewers of the show.

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