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After a two year cooldown period and with a rapidly maturing ecosystem, the risk/reward ratio of Bitcoin as an asset appears to be among the best available worldwide. We believe returns of 100x over 10 years are possible, though obviously not guaranteed. As an example, if Bitcoin achieves a market cap that is 10% of the gold market, an investment of $10,000 in early 2015 would become worth an inflation-adjusted equivalent of over $1 million.