British bitcoin bull predicts blockchain longevity

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Alastair Milne, a British investor and entrepreneur, has been busy on Twitter over the weekend, has made a statement saying, “any new price highs for the largest cryptocurrency should surpass those of 2017.” In his series of tweets, he also wrote: “The probability that Bitcoin matches its ATH [all-time high] price again and doesn’t then continue past it seems very low. Each wave of adoption is an order of magnitude bigger than the last.”

Milne takes completely the opposite view to that of Nouriel Roubini, a well-known anti-crypto economist, who claims that bitcoin is “trending to zero.” By contrast, Milne said, “It takes time for sentiment to change. 30–50million [sic] people owning crypto is not the industry’s peak,” and added, rather provactively, “the next bull run will decide which public blockchains persist for the next 100 years. I believe Bitcoin is currently the *only* sure thing[.]”

Milne has for some time claimed that bitcoin is “Gold 2.0” and he’s not alone in talking up the leading cryptocurrency: Japanese fintech firm Quoine forecasted an all time high for bitcoin in 2019, back in December 2018 and Mike Novogratz, like Milne an enthusiastic bitcoin investor predicted that bitcoin would pass $20,000 by 2020.

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