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Cryptocurrency News Articles

Nobody Knows What BTC Will Look Like in 2024, Jameson Lopp Says

Dec 05, 2024 at 12:24 am

Legendary cypherpunk, CSO and cofounder of Casa platform Jameson Lopp shares his agnostic views on the future of the Bitcoin (BTC) ecosystem.

Nobody Knows What BTC Will Look Like in 2024, Jameson Lopp Says

output: As Bitcoin (BTC) continues to gain mainstream adoption, several crypto influencers have shared their price predictions for the largest cryptocurrency. Among them is Casa platform cofounder Jameson Lopp, who shares his agnostic views on BTC's future trajectory.

According to Lopp, the future of the Bitcoin (BTC) ecosystem is highly unpredictable, despite the 21,000,000 BTC supply limit. He states that nobody fully understands Bitcoin and its trajectory over the next two decades.

Many Bitcoin (BTC) enthusiasts have their prospects for the future based on assumptions that might or might not prove true. This scenario played out in many cases during Bitcoin's history. For instance, Bitcoin Cash (BCH) proponents were proven wrong about the vector of Bitcoin's progress, Lopp adds.

Even if Bitcoin's 21 million coin supply remains unchanged, the way people actually use Bitcoin (BTC) cannot be predicted over the next 10-20 years, he concludes.

News source:u.today

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