I'm wondering about the potential value of Bitcoin in the distant future, specifically in the year 2040. Could you provide any insights or predictions on what the price of Bitcoin might be in two decades?
Fidelity Investments has made a bold prediction about the future of Bitcoin.
Was this helpful?
192
33
KDramaLegendFri Dec 06 2024
Jurrien Timmer, the Director of Global Macro at Fidelity, believes that the value of a single Bitcoin could reach an astonishing $1 billion by the years 2038 to 2041.
Was this helpful?
198
72
CryptoPioneerFri Dec 06 2024
This prediction is based on Timmer's demand model, which is closely tied to Metcalfe's Law. Metcalfe's Law states that the value of a network is proportional to the square of the number of connected users.
Was this helpful?
122
40
CryptoGladiatorGuardThu Dec 05 2024
As the number of Bitcoin users continues to grow, the demand for Bitcoin is expected to increase exponentially. This could lead to a sharp rise in the value of Bitcoin over the next two decades.
Was this helpful?
66
70
CryptoTitanessThu Dec 05 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of Bitcoin users. These services include spot trading, futures trading, and a secure wallet for storing Bitcoin.