Vaneck predicts that the price of Bitcoin will reach 2.9 million dollars by 2050

Asset management company Vaneck has released a report predicting that by 2050, the price of Bitcoin could reach $2.9 million per coin, becoming a global medium of exchange and reserve currency. The report indicates that Bitcoin can settle 10% of global international trade and 5% of domestic trade, with central banks in various countries holding 2.5% of their assets in the form of BTC. Scalability challenges are worth noting, but second-layer solutions may enhance adoption rates.