Mr Ver, who in December 2013 donated 1,000 bitcoins to the Foundation for Economic Education, first became involved with Bitcoin in 2011, when it was priced at $1 per unit.
"Currently, there are not enough bitcoins for every person in England to have one, and it is a worldwide currency that can be used by any person on the entire planet," he said."
"If there are not even enough for each person in England to have one, the price of Bitcoin is going to have to be a heck of a lot more than it is today."
There are now over 13m bitcoins in circulation, and analysts predict that there will be 8m user wallets by the end of the year.
July 10, 2014 at 11:49AM
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