Tom Lee is an analyst I wasn't familiar with so thanks for sharing the video and introducing me to his analysis on the future of bitcoin.

He made several interesting points in the video:

• Bitcoin is not as widely held as many people think. His analysis reveals there are only about 300,000 holders of at least $5,000 USD worth of bitcoin. He likens calling bitcoin a bubble to saying the iPhone was a bubble a few days into the sale because 500,000 iPhones had been sold.

• The actual bitcoin network technology is generating the value such that the "VISA of bitcoin" is not going to be as valuable as the actual blockchain network itself.

• The bitcoin network is highly trusted because at this point it would cost almost $30 billion dollars to make one fraudulent bitcoin.

• What is bitcoin worth in 2, 3, 5 years? Lee sees bitcoin taking a place in this generation as a store of value similar to the role of gold. If bitcoin grows to 5% of the gold market's value in 5 years the price would be ~$25,000 per bitcoin.

• Bitcoin will experience volatility through 2017 but "...is your best investment into the end of the year."