Bitcoin Futures Uncertain According to Wikipedia Co-Founder

Jimmy Wales, co-founder of Wikipedia, has shared his views on the future of Bitcoin in a recent statement.

According to Wales, Bitcoin's design ensures its survival, but its lack of utility will ultimately lead to its decline. He predicts that the cryptocurrency will stabilize at a price consistent with hobbyist tinkering by 2050.

The price target he mentioned is under $10,000 in today's dollars, possibly much lower.