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BCA report “Will Cryptocurrencies Displace Fiat?” with analysis and a chart of crypto returns vs. fiat.

The rise in the prices of various cryptocurrencies has taken many investors by surprise. $1000 invested in bitcoin at the start of 2012 is worth around $10 million today. 

If you were lucky enough to get in on the first day of trading, when it was worth a fraction of a cent, your initial $1000 investment will be worth around $60 billion today.