Bitcoin has been the subject of much debate and speculation, with opinions ranging from enthusiastic support to outright dismissal. Here are some controversial predictions from experts in the industry:
John McAfee, cybersecurity pioneer: "I predict that Bitcoin will reach $1 million by the end of 2020. If not, I will eat my own d--k on national television."
Nouriel Roubini, economist and Bitcoin skeptic: "Bitcoin is a bubble, a Ponzi scheme, and a environmental disaster. It has no intrinsic value and is only used by criminals and speculators. It will eventually crash to zero."
Tim Draper, venture capitalist and early Bitcoin investor: "I believe that Bitcoin will reach $250,000 by 2022. It's a safe haven for people who live in countries with unstable currencies and hyperinflation. It's the future of money." Paul Krugman, Nobel Prize-winning economist: "Bitcoin is an elaborate Ponzi scheme that will eventually collapse under its own weight. It's a solution in search of a problem, and it's not even good for illegal transactions since it's traceable."
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