The VanEck Foundation has made a prediction that Bitcoin price through 2050 is based on three main factors: GDP of global trade settled in Bitcoin, circulating supply of BTC, and amount of BTC applied in payments.
They assume:
🔸 By 2050, Bitcoin will become an essential part of the International Monetary System.
🔸 Bitcoin will be widely used in international trade, becoming an important means of storing value.
🔸 As Bitcoin becomes more valuable, central banks and long-term investors want to hold more BTC, reducing the circulating supply of BTC.
3 Bitcoin Price Scenarios in 2050
Base scenario:
- Price per Bitcoin: $2,910,345 – 45 times the current price
- Total BTC market capitalization: $61.12 trillion
- Accounts for 1.66% of total world financial assets
Bad scenario (Bear)
- Price per Bitcoin: $130,314 – 2 times the current price
- Total BTC market capitalization: $2.74 trillion
- Accounts for 0.07% of total world financial assets
Good script (Bull)
- Price per Bitcoin: $52,386,207 – 806 times the current price
- Total BTC market capitalization: $1.1 trillion
- Accounts for 29.79% of total world financial assets
Read more: What is Bitcoin ETF? Everything you need to know about Bitcoin ETF
David Ma was born in 1980 in California, is a Vietnamese American, known as one of the entrepreneurs and investors in the field of cryptocurrency and stock market. In 2006, he graduated from Stanford University with honors and began his career in business.
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