3 Bitcoin Price Scenarios in 2050
The VanEck Foundation has made a Bitcoin price prediction to 2050 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.
Depending on the influence of Bitcoin and the above assumptions, Vaneck offers 3 price scenarios for 2050:
1. 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
2. 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
3. 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
If VanEck can make a prediction, we can also dream about it