Will a bitcoin be worth $1B by 2038? | Manifold

Will a bitcoin be worth $1B by 2038?

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Per https://www.coinspeaker.com/bitcoin-worth-1-billion-2038-fidelity/

One Bitcoin May Be Worth $1 Billion by 2038, Fidelity Says

Jurrien Timmer of Fidelity forecasts Bitcoin to reach $1 billion two decades from now, shortly after an earlier $100 million prediction for 2035.

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Poor phrasing. Bitcoin is already worth half a trillion

predictedNO

@Entropy Good catch, thanks.

If bitcoin captured 100% of global currency market share (100x) times ordinary 6% global nominal gdp growth for 15 years (3x) that’s still only 9 million per coin. Where’s the additional 110x coming from?

This is basicallly either the singularity or usd hyperinflation.

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