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via Cointelegraph · By Cointelegraph Staff
Bitcoin to $1M by 2030 is ‘mathematically impossible’ says Markus Thielen
BTC
BTC/USDT
$63,090.00
-0.05%
$63,090.00
-0.05%
(24s)24h Volume
$2,488,917,373.76
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
67.9%
Long: 67.9%Short: 32.1%
Funding Rate
+0.0026%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(01:30 PM UTC)
1 min read
The numbers behind the oft-cited prediction that Bitcoin will reach $1 million by 2030 simply don’t add up, according to Markus Thielen, head of research at 10x Research.
“It’s mathematically impossible,” Thielen tells Cointelegraph on Trade Secrets, arguing that Bitcoin’s historical capital inflows over the past 15 years fall far short of the amount it would need to attract over the next four…
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