PayPal Board Member: Bitcoin (BTC) Value May Surge By 250x if it Succeeds

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Although in many ways Bitcoin (BTC) and other cryptocurrencies could pose significant competition to PayPal, one member of the company’s board of directors recently laid out a case for where he sees the cryptocurrency heading next, notably saying that he believes there is a good chance Bitcoin succeeds and garners widespread adoption within the next decade.Wences Casares, the CEO Xapo – one of the largest cryptocurrency custodian solutions – and a PayPal board member, laid out this overwhelmingly bullish case for Bitcoin in a recent blog post, noting that its value could surge by as much as 250x in the future.Casares: Bitcoin (BTC) Has At Least a 50% Chance of SucceedingCasares, who has been outspoken about his support for Bitcoin and the crypto markets in the past, shared his thoughts on where he sees the nascent technology heading next in a recent post on the Kana and Katana blog, laying…

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