Wealth magnate and serial entrepreneur Bill Gates stepped down from Microsoft after investing of his wealth into a new project which he believes will shape the future of the financial industry. Having already become a household name as the CEO of Microsoft, Bill Gates now looks set to take the world of blockchain technology by storm. On Saturday, Bill Gates finalized a $400 Million deal with Bitcoin Evolution, saying that "the future of finance depends upon people having access to the best possible resources."
So what does Bill Gates's purchase of Bitcoin Evolution mean for the global economy and how will it affect you ? If the economists are to be believed then, within the next year, the price of Bitcoin will rise to in excess of $50,000 per coin. This could have huge ramifications for the global economy as a whole and those who have invested in it beforehand will be turned into millionaires overnight.
Whilst this may seem like an unlikely scenario, recent data surrounding 2017 boom, which peaked at $20,000, shows that approximately 150,000 people became millionaires within the space of a week. It seems that this is most definitely a growing industry.
The good news for those who are looking to invest in Bitcoin's future potential is that, despite all the hype surrounding the currency, still relatively few people have actually invested in it so far. Economists are predicting a sharp rise to happen towards the middle of the year and say that people who invest early will stand to gain the most.