Bitcoin reaching $100,000 will be a significant milestone in the cryptocurrency world, and Superstate CEO Robert Leshner evaluated this as a development that could support the simulation theory. Simulation theory argues that the universe could be a simulation created with high technology. It is a striking detail that Bitcoin has previously passed similar milestones, especially the $1,000 and $10,000 levels, on November 28.
Bitcoin, currently trading at $95,505, only needs to gain 4 percent today to reach $100,000. Leshner, while evaluating this possibility, said, “I don’t believe in simulation theory, but if Bitcoin reaches this target, my opinion may change.”
Simulation theory suggests that our reality may be a kind of simulation, and a 2003 paper by Nick Bostrom of Oxford University helped popularize this hypothesis. The theory argues that advanced computing power could make it possible to create a simulation. In recent years, technologies such as artificial intelligence and virtual reality have brought the theory to the forefront. Devices such as Apple’s Vision Pro are reshaping people’s perception of reality, and simulation theory advocates consider the lack of concrete evidence to be a characteristic of simulation.
According to Leshner, Bitcoin reaching $100,000 could bring the simulation theory back to the agenda. However, it is stated that for this to happen, Bitcoin would need to gain 4 percent today.
According to market data, Bitcoin is currently trading at $95,505, and according to Polymarket data, the probability of reaching $100,000 this month is only 1 percent. However, considering the historical volatility of the cryptocurrency market, anything seems possible. Bitcoin previously exceeded $1,000 in 2013 and $10,000 in 2017 on November 28, making this date even more significant. If Bitcoin reaches $100,000 today, another important milestone will be recorded in the cryptocurrency world.
If this development happens, it remains to be seen how Leshner’s views on simulation theory will shape up. The market is currently watching to see if Bitcoin can make another historic leap.