Simply Bitcoin

Can Bitcoin Go To $1 Million by 2029!? [EXPLAINED] | EP 1208

Mar 21, 2025
David X, founder of Represent LTD and a passionate Bitcoin supporter, joins the conversation to explore the tantalizing possibility of Bitcoin reaching $1 million by 2029. With insights into rising institutional interest, he discusses the evolving regulatory landscape and the significance of patience in navigating Bitcoin's future. David also emphasizes the allure of Bitcoin over gold and the potential for revolutionary changes in economic security. Plus, he highlights the intersection of Bitcoin culture with entrepreneurship through unique merchandise offerings.
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INSIGHT

Bitcoin's Target Market

  • Michael Saylor believes Bitcoin's long-term value comes from disrupting gold and international transactions.
  • He predicts Bitcoin will surpass $1 million by 2029 based on these market sizes.
INSIGHT

Bitcoin Adoption and Price

  • Bitcoin's adoption is still low, estimated at around 3% globally.
  • Increased price drives adoption, which in turn increases Bitcoin's utility and freedom.
ADVICE

Buy Bitcoin Now

  • Now is a good time to buy Bitcoin due to low risk and increasing adoption.
  • A personal Bitcoin standard improves financial stability in a world with inflationary fiat currency.
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