Bitcoin Price Predicted to Reach $29 Million by 2050: VanEck Research Report
Publication Time:2024-07-25 06:06:06
Recently, digital asset management giant VanEck released a groundbreaking forecast in its latest research report: under the so-called 'base case scenario', Bitcoin's price might climb up to a mind-boggling $29 million per coin by the year 2050. This prediction was jointly authored by VanEck's head of digital assets, Matthew Sigel, and senior investment analyst Patrick Bush. Their prediction is grounded in the increasing anticipation of Bitcoin's role as a global exchange medium and a store of value, a trend which they believe will completely transform the international financial system.
Bitcoin
VanEck
reserve asset
2050 Price Prediction
Global Exchange Medium