that s a great question. the bitcoin billionaires are just beginning to take off. i work with a number of them already today. and bitcoin itself may not grow another 500 times or 1,000 times, but there s a lot of other digital currencies out there that the world is beginning to take note of, as well. i m lucky to work with a lot of them. one of my clients went 100 x up this year, more than that now. and that s because people finally understand the technology underpinning bitcoin, that block chain has extraordinary use cases. what we re starting to see is those use cases being applied in real life. it s just beginning, but that s what speculators are investing in. so we ll see more and more bitcoin billionaires in the future. you talked about speculation, so that leads me to the question of bubbles and bubbles bursting, because that is also part of the chatter, those sitting on the edges do kind of look and say, could this bubble burst? at least the bitcoin that saw
always valued at around $20,000 per? i don t know. but i do believe that bitcoin and currencies like it are going to be a gigantic asset class we re only now beginning to understand. today we re at something like $600 billion as a total asset claim. i think we ll eclipse multi trillion next year. wow, okay. final question to you, as you talk about such astronomical growth and value. there s no bank of england or institution controlling value and the amount of currency in circulation. are there any downsides to this setup as you see it, not just today, but as we go forward? no, bitcoin is valuable because no one controls it. it s controlled by math. and mathematical proofs guarantee only x amount of bitcoin are going to be prevented, preventing
news after cnn uncovered accusations of sexual harassment by five news. charlie rose fired and now three more women are coming forward with sexual harassment allegations. shocking new details about the sexual harassment allegations about matt lauer. reporter: the weinstein effect is a watershed effect in american culture. but whether it usher in real, systemic change? let s see how the media covers that story in 2018. what a year it has been. it s been a turbulent run for bitcoin. the currency reached a staggering high this year. ahead, why an expert said it s still in its infancy, despite a recent slump. not in this house. cause that s no average family. that s your family. which is why you didn t grab just any cheese. you picked up kraft mozzarella with a touch of philadelphia
2008, it becoming better known in the years that followed to where we are in 2017, where is it in its evolution as far as you re concerned, where is bit cone in this evolution, and why is it still not available to the masses as we talk about its evolution and growth? bitcoin is still really hard to use. that s one big problem with it. the truth is, you kind of need to be a computer expert to understand how bitcoin works. and people like to understand how technology works. even though, of course, very few people understand how tcpip works. the truth is, it s a type of digital money that gets value from a to b and it does it incredibly well. the network that underlies bitcoin is incredibly powerful. it s the most powerful computer network ever developed, with more computing power going against it to back it up than any network ever before. so the truth is, bitcoin, we re still in the infancy.
of what is called your private key, your password to your money. it s possible that the exchange you re buying bitcoin from could have their wallet hacked or compromised, as well. this is the challenge bitcoin is facing, but it s no different than any other type of crime. bitcoin and the network, that s basically impossible to penetrate. as i looked into bitcoin and i m grateful that i have you here to make sense of it, i came across the twins who were best known for suing mark zuckerberg. it turns out they used that to invest in bitcoin and now they re virtual currency billionaires. if you want to get into the game of bitcoin today, are the odds still in your favor to make the kind of returns that cameron and tyler have made, or has that ship sailed?