1/🧵 VanEck’s latest Bitcoin prediction is astonishing: $52.38 million by 2050. That’s not a typo. While this forecast assumes Bitcoin could become a major global trade currency and even serve as a reserve for nations, it seems overly optimistic. The more conservative estimate of $2.9 million sounds more plausible given Bitcoin's potential in trade. VanEck’s bearish scenario also suggests a minimum of $130,314, which still represents significant growth. #threadstorm #outreach #cent #leofinance #inleo
Got to this threadstorm by the recommend feature on the bottom of one of my videos.
It shows how things can spread.
2/🧵 Despite exciting forecasts, remember these are just predictions. The future of Bitcoin as a major medium of exchange or reserve asset is still up in the air.
3/🧵 VanEck's vision of Bitcoin replacing traditional fiat currency is intriguing but faces many hurdles. Decentralized currencies have appeal, but entrenched systems won't vanish overnight.
https://inleo.io/@thedreamer01/vanecks-wild-bitcoin-prediction-6ld
I certainly hope they are right :-)
52 million in 25.5 years? I don't know but I feel like it's exaggerated.
Yep, i feel the same way too
time will tell. I guess.
I just hope to be alive to witness it. Hehe