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thenewgreen · 3218 days ago · link · · parent · post: What will the price of Bitcoin be one year from today?
I have a good friend that's a venture capitalist that specializes in the crypto currency space. (Edit: you met him when he was running in the trail behind my house) Most of the businesses they back aren't US-based, in fact I don't think any of them are. The businesses they back are interested in facilitating remittance, often in the b2b space. This isn't "sexy" in that you can't buy a slice of pizza with BTC via these businesses but you can send money from a Mongolian oil company to a Saudi refinery via BTC by the millions at a fraction of the normal cost. It's these types of uses that will legitimize BTC. The pizza will come later. This isn't the route the "believers" envisioned, but it's happening. As such, I'm bullish.