ChainCatcher reports that Joe Burnett, Strive’s Senior Vice President of Bitcoin Strategy, posted that AI-driven deflation could force central banks to adopt more accommodative policies, pushing Bitcoin to $11 million per coin by 2036, with a market capitalization of $2.3 quadrillion. This forecast is based on Bitcoin growing to approximately 12% of global financial assets, alongside global wealth projected to grow at a 7% annual compound rate by 2036. Given that Bitcoin currently represents about 0.2% of all financial assets, this implies Bitcoin’s market capitalization will increase more than 176-fold over the next decade, reaching $2.3 quadrillion.
Strive Bitcoin SVP Predicts $11M BTC Price by 2036 Amid AI-Driven Deflation
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Summary
Bitcoin breaking news: Strive Bitcoin SVP Joe Burnett forecasts a $11 million Bitcoin price by 2036, citing AI-driven deflation and accommodative central bank policies. The projection assumes Bitcoin captures 12% of global financial assets and 7% annual wealth growth. Bitcoin news highlights the long-term bullish outlook from institutional voices.
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