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VanEck Director: If central banks around the world use Bitcoin as a reserve asset, Bitcoin will reach 3 million dollars by 2050

VanEck Director: If central banks around the world use Bitcoin as a reserve asset, Bitcoin will reach 3 million dollars by 2050

Bitget2024/11/15 01:41

Matthew Sigel, Director of Digital Asset Research at VanEck, stated that as U.S. debt reaches 35 trillion dollars, if central banks around the world use Bitcoin as a reserve asset, then by 2050 Bitcoin will reach 3 million dollars.

David Bailey, former cryptocurrency assistant to Trump, believes that nation-states are about to enter the Bitcoin market and predicts that sovereign funds and central banks will invest billions of dollars each month.

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