With Bitcoin and Ethereum trading at record highs, the financial world is starting to get curious about these new currencies.
This is a good thing, as they offer some of the same advantages as traditional currencies: lower fees, easier payments, and faster transactions.
But the big question for the tech world is: What will Bitcoin be worth in a year?
That’s where a new survey comes in.
The Wall Street Journal/NBC News/Marist Poll asked 3,000 people how they would compare the value of the U.S. dollar versus Bitcoin, the virtual currency with the world’s largest market cap.
A third of respondents said they thought Bitcoin would eventually outperform the U-S.
Dollar in terms of value.
“I think Bitcoin will eventually go up,” said Chris O’Connell, the founder of a technology company called BitPagos.
“It’s going to be the big one.”
The biggest losers were companies that have no presence in the U, such as Amazon, Netflix, and Microsoft.
Only a small number of people in the survey said they believe that Bitcoin will overtake the U as the world currency of choice.
“There’s a lot of talk in the news media and the financial community that Bitcoin is going to take off and become the currency of the future,” O’Donnell said.
“That’s not going to happen.”
This poll, though, is not an attempt to predict whether Bitcoin will become a currency of global significance.
Rather, it asks whether a small minority of people are willing to make such a bold leap to the stars.
As the WSJ/NBC poll notes, Bitcoin isn’t backed by a central bank, which means it’s not subject to government regulation.
That means the government doesn’t have a clear idea of how to regulate it.
In contrast, the U.-S.
Dollar is backed by the U., which means the U government can’t control the currency.
“What this survey shows is that people are open to a wide variety of possibilities,” said Daniel Tully, a managing partner at Banc of America.
“If the government is going after this currency, the best thing they can do is just put it in a central account and control it.
That way, it can be regulated, but it won’t be used to finance criminal activity.”