Mark Moss forecasts Bitcoin hitting $1 million by 2030, $14 million by 2040, and $50 million by 2050. He bases this on the global store-of-value market expanding from $1 quadrillion today to $8.5 quadrillion by 2040 due to money-printing, with Bitcoin capturing roughly 8% of it.
You had a prediction that Bitcoin would be at $1 million by 2030. Yeah, 10x from here. I mean, I put it around $1 million, $14 million by 2040, $50 million by 2050. Wow. Here's where I came up with those numbers. We buy a lot of things, but at the end of the day, wealth is the goods and services that we buy. And what happens is after we make our money, we typically park it somewhere. So we have what's called store of value assets, equities, real estate, gold, collectibles, Bitcoin. And if you add up that basket, it's about a quadrillion dollars today. Why is that store of value basket growing so big? It's because of the money printing that's going on. And then we can measure that by the store of value assets getting bigger and bigger and bigger. By 2040, that'll be about 8.5 quadrillion. And then the question is, at that rate of growth, how much of that basket does Bitcoin get? So Uber and Airbnb both captured 10% of their market in less than 10 years. Wow. And I'm only saying Bitcoin gets to 8% of that basket in like 30 years.
