A leaked report from Wall Street giant Citibank has revealed a senior analyst thinks bitcoin could potentially hit a high of $318,000 by December 2021, calling it "21st century gold".
So some think bitcoin is a hedge against inflation so please tell me what going from 18g to maybe 300g is? And a detail explanation on what bitcoin is back by, 20 yrs ago it was not here, now some think it is worth something, why is it worth anything? Much like paper currency it has no value other than what someone tells you it is worth. At least paper currency is backed, somewhat from a bankrupt country.