Bitcoin at $1M by 2030? 10x Research Founder Says It’s ‘Mathematically Impossible’

BitcoinWorld Bitcoin at $1M by 2030? 10x Research Founder Says It’s ‘Mathematically Impossible’ Markus Thielen, founder of 10x Research, has cast doubt on the widely circulated prediction that Bitcoin could reach $1 million by 2030.

Speaking on the Trade Secrets podcast, Thielen stated that such a price target is ‘mathematically impossible’ given current market dynamics and adoption rates.

Why Thielen Calls the $1M Target Unrealistic Thielen’s argument centers on the market capitalization required for Bitcoin to hit $1 million per coin.

At that price, Bitcoin’s market cap would exceed $20 trillion, surpassing the combined value of all global gold reserves and dwarfing the market caps of the world’s largest corporations.