The post VanEck Forecasts BTC To Reach $3M By 2050! appeared first on Coinpedia Fintech News
VanEck forecasts BTC to reach $3 million in value by 2050. They have a model that assumes that by 2050, Bitcoin will become a reserve asset that is used in global trade and held by global central banks at a very modest 2% rate. While that may sound extreme, it is a 16% compound annual growth for a couple of decades. The investment giant believes that BTC will play a crucial role in the future of global finance as adoption continues to grow.