Cryptocurrency billionaire: One of two things — bitcoin will either fall or be worth $ 1 million

Brock Pierce, the head of the Bitcoin Foundation, is confident that there is no third option left for bitcoin’s development: «…It can fall to zero. This is a binary outcome. It will either reach $ 1,000,000 per bitcoin or zero. It will be one or the other, so you shouldn’t invest all your money in BTC.»

While recognizing the important role of cryptocurrencies in the world of the future, Pierce does not deny the possibility of the current market crashing, comparing the situation to the dot-com crisis of the late 90s.

He partially distributed his savings to the EOS blockchain (a competitor to Ethereum) and the NFT market. «As you know, I recently invested a nine-figure sum in EOS. In addition, I am very interested in what is happening in the market, which is why I participated in the launch of NFT.com.»