As Bitcoin possibly gears up to try to hit $100k in the next year, and far higher prices seem an almost certainty in the future, I want to know when you think Bitcoin will hit $500k, $1 million and $2 million?

Bitcoin in 2020 is finally just starting to be viewed as a global reserve asset, with the first forward-seeing institutional investors starting to buy it up to the point in which there is barely any supply to go around. At the same time PayPal is about to open the flood gates to another huge wave of retail investors. Bitcoin is becoming engrained in the world of finance. The rise to $500k, $1 million, and $2 million seems inevitable in due time. So, what do you think: when moon?




I think we will see $500k hit for the first time in the second half of this decade.
$1 million will first be hit in the early 2030's.
$2 million will first be hit before 2040.

By that time (2040) I think it will be a mature asset and its growth will slow (as there is only so much money in the world). By this time it will be a normal asset to hold in bank accounts or bitcoin wallets or money apps of billions of people, it will be a better version of gold for store-of-value investors, there will be trillions in retirement accounts in Bitcoin around the world, it will be a normal asset to hold for hedge funds, it will be a treasury asset for much of the corporate world, central banks will hold a few million combined to compliment their Gold and Dollar holdings.

When do you think it'll hit these price targets for the first time?