Bitcoin Predicted to Reach $200 Trillion, $13 Million by 2045, and Overtake Gold's $20 Trillion Market Cap

Prominent figures in the finance and investment sectors have made bold predictions about the future value of Bitcoin. Michael Saylor, the founder of MicroStrategy, suggested that Bitcoin could reach a market capitalization of $200 trillion, emphasizing its potential for significant returns. He also projected that by 2045, the price of Bitcoin could be $13 million per coin, highlighting the opportunity cost of not investing in the cryptocurrency.

Bill Miller IV, a notable investor, stated on CNBC that Bitcoin is on track to surpass gold's $20 trillion market cap, asserting its functional superiority over the precious metal. He described Bitcoin as a necessary check and balance on the lack of accountability in fiat currency creation.

Cathie Wood, CEO of Ark Invest, revised her firm's forecast for Bitcoin, predicting a bull case scenario of $2.4 million per coin by 2030, up from a previous estimate of $1.5 million. This adjustment is based on assumptions of tighter 'active' supply and increased institutional adoption. Wood also noted that with only 1 million BTC left to be mined and institutions beginning to buy in, Bitcoin's potential remains vast.

Anthony Scaramucci, founder of SkyBridge Capital, predicted that Bitcoin could reach $200,000 by the end of the year, while billionaire venture capitalist Tim Draper forecasted Bitcoin hitting $250,000 by year-end and potentially reaching 'infinity' within a decade. Bitcoin has already hit six figures, and its advantages in security, portability, and an auditable blockchain make it a superior asset to gold.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.