Investment firm VanEck predicts Bitcoin could reach $2.9M by 2050 based on global adoption and trade usage.

Investment firm VanEck predicts Bitcoin could reach $2.9M by 2050, based on potential global adoption and use in 10% of international trade and 5% of domestic trade. The report also identifies potential risks, including mining sustainability, community schisms, regulation, and competition from other cryptocurrencies. The prediction is subject to numerous economic, technological, and regulatory changes.

July 25, 2024
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