VanEck’s $2.9 Million Bitcoin Thesis
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VanEck analysts believe Bitcoin could reach $2.9 million by 2050 if it evolves into a global settlement currency. Their base-case forecast assumes a 15% compound annual growth rate, driven by Bitcoin settling 5–10% of international trade and around 5% of domestic trade worldwide.
The thesis goes beyond price speculation. VanEck researchers describe Bitcoin as a long-duration hedge against monetary debasement and sovereign debt risk, arguing its long-term value will be shaped less by short-term market cycles and more by structural weaknesses in the global financial system.