If the Bitcoin price rises to over $1M, that would give ~100k bitcoiners “Ultra High Net Worth Individual” status (+$50M). With worldwide UHNWIs projected at only ~200k by 2022, this means the Bitcoin 1% could by then make up 30-50% of the world’s financial elites.

If the Bitcoin price rises to over $  1M, that would give ~100k bitcoiners "Ultra High Net Worth Individual" status (+$  50M). With worldwide UHNWIs projected at only ~200k by 2022, this means the Bitcoin 1% could by then make up 30-50% of the world's financial elites. submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

Square stock rises as analyst points to strong merchant willingness to accept bitcoin as payment

Shares of Square Inc. SQ, -2.56% are up 1.3% in premarket trading Wednesday after an analyst at Instinet cited high merchant willingness to accept Bitcoin BTCUSD, -4.46% as a form of payment. According to Instinet's recent survey of Square merchants, 60% said they would be willing to accept Bitcoin, …
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Bitcoin investors remain confident as price RISES despite new year's plummet

Scott Weiss, a 48-year-old lawyer who bought bitcoin at its peak of $ 19,000 in December last year, claims he is unfazed by the recent turbulence the cryptocurrency faced in the last two months. He said: “I feel the exact same about my crypto investments at a $ 20k price as I did about it at a $ 6,500 price.
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Bitcoin Rises Again As Cryptocurrency Gets a New 'Pal' In Peter Thiel

A few days after the media reports appeared saying that PayPal-s co-founder Peter Thiel's 'Founder Fund' invested over $ 15 million in bitcoins last year, the cryptocurrency prices started recuperating again. The bitcoins prices had hit a glass ceiling near $ 14,000 towards the end of 2017, but have started …
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