Bitcoin price will hit $1M, but at what cost? — Michaël van de Poppe

Related: Bitcoin gained 1,900% in Trumps first term: Will BTC price hit $1M this time?However, he warned that many investors do not pay close sufficient attention to “the quantity of debt that we develop, and thats going through the roof. And if that happens, the buying power is going to drop as well, and the cost of Bitcoin will likewise alter.”Bitcoins future under TrumpVan de Poppe likewise weighed in on the impact that United States President-elect Trump and his administration may have on Bitcoin.”Bitcoin doesnt care about federal governments, and it doesnt care about policies. Eventually, regardless of who is in charge, Bitcoin will continue to use the exact same value proposals it always has, van de Poppe stated.

Related: Bitcoin gained 1,900% in Trumps very first term: Will BTC rate hit $1M this time?However, he cautioned that numerous financiers do not pay close enough attention to “the amount of financial obligation that we produce, and thats going through the roofing system. And if that occurs, the purchasing power is going to drop as well, and the price of Bitcoin will also change.”Bitcoins future under TrumpVan de Poppe likewise weighed in on the impact that United States President-elect Trump and his administration might have on Bitcoin.