Ryan Derks, of Ryan’s Hodl Fund, recently spoke with Express.co.uk and claimed that Bitcoin could reach an extraordinary value if more of the world’s population decides to rebel against traditional currency.
He explained: “I believe they say that roughly five per cent of the world’s population or less owns any cryptocurrency and if the trends of Venezuela continue and in Zimbabwe, if those continue it looks as though there is going to be no slowdown.
“I only imagine it’s going to continue pushing prices up because again there’s a limited supply.
“So if people continue to lose faith in their nation’s currency, like for example the US dollar, I don’t have very much faith at all.