Cryptocurrency Q&A
What will Bitcoin be in 2040?
What will Bitcoin be in 2040?
Riccardo
Wed Nov 27 2024
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6 answers
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I'm wondering what the future holds for Bitcoin, specifically in the year 2040. Will it still be a relevant and valuable asset, or will it have faded into obscurity? What are the possible scenarios for Bitcoin's future?
6 answers
Chiara
Fri Nov 29 2024
According to Timmer, the value of a single Bitcoin could potentially reach $1 billion by the years 2038 to 2041.
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RubyGlider
Fri Nov 29 2024
This prediction is based on Timmer's demand model, which takes into account various factors that could influence the price of Bitcoin.
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Rosalia
Fri Nov 29 2024
One of the key influences on Timmer's model is Metcalfe's Law, which states that the value of a network is proportional to the square of the number of users.
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CryptoWizardry
Fri Nov 29 2024
Fidelity Investments has made a bold prediction regarding the future of Bitcoin.
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CharmedWhisper
Fri Nov 29 2024
Jurrien Timmer, the Director of Global Macro at Fidelity, believes that Bitcoin has a bright future ahead.
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