Source: Coindesk.com
By 2050, bitcoin may settle 10% of international trade and 5% of local trade gain with central banks' holding it as a reserve asset, asset manager VanEck said in a report. Bitcoin layer-2 networks will play a key role to overcome scaling issues and allow BTC to be used as a medium of exchange, the firm said.
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The post "VanEck Sees Bitcoin Hitting $2.9M by 2050 – but a Lot Has to Happen First" appeared first here Coindesk.com.
Source: Coindesk.com
