Van-Petersen stresses that despite this being a rough calculation, his growth predictions could even be ‘conservative’, citing the rises of bitcoin’s value back in 2013 of over 5,000 per cent.

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Speaking to CNBC in a phone interview, Van-Petersen said:

This is not a fad, cryptocurrencies are here to stay. There will emerge two to three main ones. Bitcoin will be one of those. And the reason is the first-mover advantage, the scale and the pioneering.

Time to get investing methinks.