Bitcoin To Reach $52 Million By 2050

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VanEck says that Bitcoin will get to $52 million by 2050. This is based upon it being embraced as the world's reserve asset.

In this video I discussed how RFK, Jr has said he will force the US to buy over $600 billion in Bitcoin. These together make it plausible that we could see what VanEck describes if these things come into being.

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10 comments
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May be I should buy the lucky miner btc the v06 one which is quite reasonably priced cause you never know.

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As you said brother, it's really picking up some steam. I try not to rely on the promises and predictions of the politicians but I see the market trend however even more importantly, the technology trend. The utility of its Decentralization is so great to ignore the fact that it won't succeed and with more adoption and use of Bitcoin there's a pretty good chance we might see it go this high

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It might just be talk and end up dying down but the narrative is starting to enter mainstream.

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you might be right but yes, the it's entering mainstream now

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My understanding is it would be $1.09200000E+15 if all 21 million are found. 🤪

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That is what my handy Sharp digital calculator came up with also.

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There are a lot of things that need to happen for BTC to reach that amount. While I think using 600 billion to buy BTC can help, I don't think that would be enough. Unless they bought all that at once at the price now, it will be difficult to buy a lot. As less BTC are available, the higher the price is going to be.

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(Edited)

What will the rest of the cryptocurrency market be worth when Bitcoin reaches $50 million per coin? We will have to keep an eye on Bitcoin dominance, which I think will be much, much lower than what it is today.

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