$1 Million Bitcoin Price Billionaire

When technological change happens in society, it happens quickly and in a pronounced manner. Precisely one decade ago, Apple’s market cap had just matched Exxon Mobile’s market cap of $310 billion. In the decade since, Apple’s market cap has gone up to over $2.4 trillion, and Exxon’s has gone down by 100 billion dollars to $216 billion. This gap is likely to only increase as time goes on.

Today, bring on bitcoin. Even though its volatility has been testing all of our patience, bitcoin is killing it. As of this article, bitcoin has once again crossed the $50,000 mark and its price is up over 280% from last year. Bitcoin, blockchain, and crypto is considered by technocrats to be one of the fastest growing sectors in technology, as evidenced by venture capital firm Andreeson Horowitz’s creation of their new $2.2. billion “Crypto Fund.”