if bitcoin can not scale if alot of transaction is taking place, how would it reach to 1 million predicted by mcafee? mcafee talks about mining cost and limited supply of bitcoin. forgot what else he says. but if bitcoin can not scale. would it reach to 1 million? lets say alot of merchants are taking bitcoin but it have gotten slow like a bank. is it as useful now?
Chances to hit 1 million USD by the year 2020 has a slim possibility, we can consider the unpredictable environment of cryptocurrency and its future developments like LN which can increase the percentage of its chances because of its improved features, scaling solution and wide adaptation still it's an exaggerated prediction of price to consider with, I just heard that his price prediction is 500k dollars so the bet increased to 1 mln per bitcoin? can't wait for the outcome in 2020 there would be a consequence if he loses the bet read his statement.