Adam Davies, Solution Architect and Technologist's Latest Posts

Bitcoin – Future Supranational Currency?
Monday 10 July 2017

Last July I predicted that Bitcoin would break the $3,000 barrier by the end of 2017. When I wrote this prediction, I based my analysis not on traditional economic calculations, but on the socioeconomic changes that are sweeping through western society and particularly the UK and USA. These socioeconomics drivers are even more prevalent today than they were a year ago. People no longer trust the government, regulators or financial providers, and are increasingly using technology to do it for themselves.