Bitcoin to $1M by 2030 is ‘mathematically impossible’ says Markus Thielen
60-second summary
Markus Thielen claims that achieving a $1 million Bitcoin price by 2030 is mathematically impossible due to the trillions of dollars required to boost its value. He suggests that even with a 10% annual growth rate, it would take over 100 years to reach such a price, making it a highly unlikely scenario.
The trillions required to boost Bitcoin to a price of $1 million per coin is not going to happen by 2030... or perhaps ever, says party pooper Markus Thielen.