$BTC Bitcoin pioneer Hal Finney boldly predicted that each Bitcoin could one day reach a staggering $10 million in value.
Hal Finney’s prediction was not based on mere speculation but rather on a thoughtful analysis of Bitcoin’s potential as a global payment system. Finney envisioned a scenario where the collective value of Bitcoin would align with the total wealth of the world, which he estimated to be within the range of $100 trillion to $300 trillion dollars at the time.
By dividing this value among the limited supply of 21 million Bitcoin, his calculation resulted in an astonishing value of $22,074,619 per Bitcoin.
At the time, Hal’s prediction may have seemed highly speculative or even absurd to a casual observer at the time. However, in 2024 — many people today share his opinion about Bitcoin’s price potential.