Jesse Lund: "Someday the price of bitcoin will reach $ 1 million"

The representative of IBM Jesse Lund expressed a very optimistic view regarding the future price of Bitcoin and predicted the rise of the first cryptocurrency to $ 1 million.


The head of the blockchain development for financial organizations in IBM Jesse Lund (Jesse Lund) stressed that the higher the price of a cryptocurrency asset, the greater application he can find. In his opinion, people should look less on the volatility of the asset, and more on its use.

At the same time, the representative of the technological giant noted that speculators reduce the value of cryptocurrency, since "they are incorrectly perceived."

He stressed that when the liquidity of cryptocurrencies is high enough, it attracts large corporations and banks for more efficient translations.


IBM, together with the R3 Consortium, work on the creation of solutions for international transfers using various cryptocurrency. One of these cryptocurrencies can be Stellar. Lund believes that despite the small capitalization of the coin, it is not bad for international translations.


Recall that the newly Spanish Financial Conglomerate Santander signed an agreement with IBM on the use of the American Technological Corporation Blockchak-platform.

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