Bitcoin is projected to reach $1M by 2030, $14M by 2040, and $40M by 2050 due to its potential as a store of value and exponential growth.
Gold is forecasted to grow to $20 trillion by 2030, $32.5 trillion by 2040, and $52.5 trillion by 2050, with a 6.5% annual growth rate over the next decade.
Bitcoin is competing against store of value assets like real estate, bonds, and stocks, not the US dollar, aiming to capture 8% of global store of value assets by 2040.
Bitcoin’s adoption is driven by its potential to disrupt industries and capture 10% of markets in less than a decade, similar to Uber and Airbnb.
The convergence of technological, financial, and political revolutions is driving a pendulum swing from centralized to decentralized models, with Trudeau’s resignation signaling this shift.
The rise of US dollar stablecoins like tether, with billions invested in US treasuries, allows citizens in countries with high inflation to easily access dollars, boosting US debt sales.