Legendary tech investor Roger McNamee believes that 2018 could be a decisive year for Bitcoin, allowing it to become fully legitimate in the eyes of the financial world. While a number of financial analysts are bullish on Bitcoin, many others are still quite hesitant on the eventual fate of the cryptocurrency.
Such doubters point to the crypto’s ongoing volatility and the number of major drops in value over the last year. However, tech investor Roger McNamee believes that the upcoming year could be a turning point for Bitcoin.
In fact, he believes it’s quite possible that Bitcoin could become fully legitimate in the eyes of the business world. In an interview on CNBC, McNamee said that Bitcoin could be considered legit if is withstands a crash and sees enough gains in 2018.
He elaborated by saying:
McNamee goes on to say that the cryptocurrency needs to keep investors on their toes and has to stick around long enough to become accepted. He adds:
Roger McNamee has proven to have great instincts. Read more from bitcoinist.com…
thumbnail courtesy of bitcoinist.com