English translation (preserving HTML format, single line as in original): IBM representative: "The price of Bitcoin could reach 100 million yen in the future

The overall cryptocurrency market

prices have been rising.

With this price increase

there is some information suggesting

it may not be a rise from the market bottom,

but we are monitoring the situation closely.

Indeed, regarding cryptocurrencies

the news is becoming more positive,

including economic news.

In particular, news about major global corporations

handling cryptocurrencies

is becoming more frequent.

Typically, after this kind of trend,

government regulation tends to follow

as part of the historical pattern.

Now, to the main topic.

Recently, IBM's blockchain and

digital currency division

representatives

・In 2019, Bitcoin was around 550,000 yen

・In the future, it could reach 100 million yen

as stated

They said.

Regarding the reason for predicting 100 million yen,

they added that in that scenario the market capitalization of cryptocurrencies

would reach 2,000 trillion yen.

The current market capitalization of cryptocurrencies is

14 trillion yen.

And the stock market is said to be worth

8,000–9,000 trillion yen.

In the future, with inflows of capital from other

markets, there is a strong possibility of a large surge

in the cryptocurrency market.

I feel this strongly.

Media outlets are also discussing IBM's statements,

and I have explained and summarized them in an easier-to-understand article.

https://bitcoin-newstart.com/ibm-news

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