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However, there's still a valid long-term investment case to be made. There are still experts who believe that bitcoin will be adopted as a currency on a wide-scale, and others say that it could become a widely used store of value, similar to gold. As I wrote in a 2017 article, bitcoin could rise dramatically in price even if its value eventually became equal to just a few percent of the world's money supply. While I don't think it's particularly likely, it's entirely possible for bitcoin to rise to a six-figure value at some point. Image source: Getty Images. Obviously, this is a simplified version of the bitcoin investment case. However, whatever your reasoning for wanting to buy it, bitcoin is a highly speculative investment, http://diabetcontrol.com/community/profile/binance31208643/. Best Ski & Snowboard Season Passes – Buyer’s Guide 2021. How to Pay Off Your Student Loans With Low-Interest Credit Cards. 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While there are no major technical or economic developments in the pipeline which suggest that Bitcoin Cash might “flip” Bitcoin by gaining a higher price, this is always a remote possibility in the event that Bitcoin experiences a catastrophic failure. A fair amount of animosity remains between the BTC and BCH communities. As an outsider, it might be hard to understand this conflict. After all, both communities share many principles. As with religious schisms however, the small differences tend to outweigh the commonalities, https://www.stumpus.com/community/profile/binance49461825/. We hope that you found this article on the best sites to earn interest on your crypto useful. If you're comfortable with transferring crypto from your hardware wallet to an online lending service, then you will not be disappointed with the compound interest that you can accrue using these platforms. It is one of the easiest ways to earn free crypto. Don’t forget to share it. 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