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Top financial advisor Ric Edelman has compared buying bitcoin today to Amazon back in 1999.
Edelman, founder of Edelman Financial Engines, told Bitcoin Magazine TV on Thursday that he also expects the price of the leading cryptocurrency to hit $500,000 by 2030.
The leading cryptocurrency was recently priced at nearly $76,522 after jumping 1% over the past day. The coin had its best run in years in August after months of trading below $65,000 — significantly below its October record of $126,080.
“Back in 1999, people were arguing over whether to invest in Amazon,” Edelman said. “Nobody has that argument — everybody owns it, and Bitcoin will have the…
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