Bitcoin and Other Cryptocurrencies Could Be Worth Trillions

Carmela Tim

Oct 2, 2017
A partner at one of the world’s most-respected venture capital firms predicts that the combined market capitalizations of bitcoin and other cryptocurrencies could one day number in the trillions of dollars.

Albert Wenger, a partner at Union Square Ventures, told CNBC that although he believes the recent bitcoin price surge has been fueled by “irrational exuberance,” he also anticipates that the total cryptocurrency market cap will ultimately rise past the trillion-dollar mark.