Opinion: AI deflation may drive Bitcoin to reach $11 million by 2036 Strive Vice President of Strategy Joe Burnett stated that AI-driven productivity improvements will lead to falling prices for goods and services, creating deflationary pressure. This pressure could prompt policymakers to respond with sustained monetary expansion. According to the report they released, under the baseline scenario, Bitcoin is expected to reach $11 million in the first quarter of 2036, at which point its market capitalization will be $230 trillion, accounting for 12% of the total global financial assets. This forecast assumes global wealth will grow at a compound annual rate of 7%. Currently, Bitcoin accounts for about 0.2% of global financial assets. $BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Can I still survive until 2036?
Opinion: AI deflation may drive Bitcoin to reach $11 million by 2036
Strive Vice President of Strategy Joe Burnett stated that AI-driven productivity improvements will lead to falling prices for goods and services, creating deflationary pressure. This pressure could prompt policymakers to respond with sustained monetary expansion. According to the report they released, under the baseline scenario, Bitcoin is expected to reach $11 million in the first quarter of 2036, at which point its market capitalization will be $230 trillion, accounting for 12% of the total global financial assets. This forecast assumes global wealth will grow at a compound annual rate of 7%. Currently, Bitcoin accounts for about 0.2% of global financial assets. $BTC