# Store of Value Related Articles

Bitcoin’s Million-Dollar Dream: Bitwise Lays Out The Path To $1 Million Per Coin

Bitwise CIO Matt Hougan outlines a path for Bitcoin to reach $1 million per coin, arguing it is transitioning into a major store-of-value asset similar to gold. The current store-of-value market is nearly $38 trillion, with Bitcoin holding under 4%. Hougan projects this market will grow to $121 trillion in a decade. In that scenario, Bitcoin would only need to capture about 17% market share to achieve a $1 million valuation. While acknowledging risks like stagnant market growth, he also suggests these estimates could be conservative if concerns over government debt accelerate demand for alternative assets.

bitcoinist03/11 13:29

Bitwise: Why Bitcoin Is Destined to Reach $1 Million?

In his article, Bitwise CIO Matt Hougan argues that Bitcoin is likely to reach $1 million per coin, a target he once considered unrealistic. He explains that the common mistake in evaluating Bitcoin’s potential is viewing the store-of-value market as static. Instead, he frames Bitcoin as a digital competitor to gold in the store-of-value market, which has grown significantly—from $2.5 trillion in 2004 to around $38 trillion today, with gold comprising $36 trillion and Bitcoin $1.4 trillion. Hougan projects that, if the store-of-value market continues growing at a 13% annual rate, it could reach $121 trillion in 10 years. In that scenario, Bitcoin would only need to capture 17% of the market—up from its current <4%—to achieve a $1 million valuation. He cites growing institutional adoption, the success of Bitcoin ETFs, and decreased long-term volatility as factors supporting this growth. While acknowledging risks like a potential slowdown in market expansion or Bitcoin’s failure to gain share, Hougan believes current trends make a $1 million Bitcoin plausible within a decade.

marsbit03/11 07:29

Bitcoin approaches 20mln mined – Does it make BTC scarcity undeniable?

Bitcoin's supply is nearing the 20 million milestone, with over 95% of its 21 million cap already mined. Post-halving block rewards have dropped to 3.125 BTC, slowing new issuance to roughly 450 BTC daily. Meanwhile, accumulation by long-term holders and institutional investors via ETFs is outpacing new supply, with monthly accumulation exceeding the 13,500 BTC mined. This dynamic, combined with declining exchange balances and dormant supply, reinforces Bitcoin’s scarcity narrative and positions it as a digitally scarce store of value. Markets are increasingly anticipating future shortages, strengthening long-term supply compression.

ambcrypto03/08 17:02

Bitcoin Could Outshine Gold Through 2029, Macroeconomist Predicts

Macroeconomist Lyn Alden predicts Bitcoin could outperform gold over the next two to three years, citing extreme divergence in investor sentiment. While gold's fear and greed index sits at 72 (greed), Bitcoin's is at 18 (extreme fear). Alden sees this as a contrarian opportunity, suggesting the pendulum has swung too far in gold's favor and a reversal is likely. Although gold recently hit a record high, Bitcoin remains 44% below its peak. Alden acknowledges both assets can rise or fall together but believes current conditions favor Bitcoin. This contrasts with investors like Ray Dalio, who favors gold as a more established store of value.

bitcoinist03/07 08:02

Bitcoin Strategist Shares 8-Figure BTC Price Prediction, But The Reason Is Even More Interesting

Bitcoin strategist Joe Burnett predicts BTC could reach $11 million by 2036, driven by its potential to capture a meaningful share of global financial wealth. His updated forecast suggests Bitcoin’s market cap could hit $230 trillion, representing a portion of the projected $2 quadrillion in global assets. Burnett emphasizes Bitcoin’s fixed supply and role as a store of value amid currency debasement. A key factor is AI-driven deflation: increased productivity may lower costs, prompting monetary expansion. This could push investors toward scarce assets like Bitcoin. Additionally, Bitcoin-based financial products may attract institutional capital, reinforcing its status as a global reserve asset.

bitcoinist03/07 02:02

Bitcoin Wins AI ‘Best Money’ Vote: Anthropic Leads, OpenAI Lags

Bitcoin was selected as the top monetary instrument in an experiment by the Bitcoin Policy Institute (BPI), which prompted 36 AI models from six providers to act as autonomous economic agents. The models evaluated monetary roles—store of value, medium of exchange, unit of account, and settlement—across 9,072 neutral, open-ended scenarios. Bitcoin received 48.3% of all responses, followed by stablecoins at 33.2%. Fiat and bank money accounted for only 8.9%. In long-term store-of-value contexts, Bitcoin dominated with 79.1%, while stablecoins led in everyday payment scenarios at 53.2%, suggesting a “two-tier” monetary system: Bitcoin for savings, stablecoins for spending. Anthropic’s models showed the strongest preference for Bitcoin (68.0% on average), while OpenAI’s models were least likely to choose it (25.9%). The study highlights Bitcoin’s perceived advantages, such as its capped supply and predictable monetary policy, and suggests that AI agents may drive future demand for Bitcoin-native infrastructure.

bitcoinist03/06 05:02

Bitwise Invest CIO Matt Hougan Defends Bitcoin with a Comparison to Gold

Matt Hougan, Chief Investment Officer of Bitwise, has defended Bitcoin against criticism that labels it a purely speculative asset. He argues that Bitcoin is an emerging store of value, comparing its current developmental stage to a "teenage" phase, which is a necessary part of its maturation process. Hougan emphasizes that all assets, including gold, undergo a transition from high speculation to established value. His comments were in response to assertions by Tom Essaye, shared by Nate Geraci, that Bitcoin lacks the utility of gold and is not a reliable inflation hedge. Hougan previously drew parallels between Bitcoin and gold, noting that new stores of value typically experience high initial volatility and rapid appreciation before stabilizing. This defense comes amid significant price volatility and declining value in Bitcoin.

TheNewsCrypto02/23 08:20

Ray Dalio Warns ‘World Order Has Broken Down’ — Why Is He Backing Gold Over Crypto?

Billionaire investor Ray Dalio warns that the post-WWII global order has broken down, marked by rising geopolitical tensions, capital wars, and mounting debt risks. He describes the current era as one of "great power politics," where sanctions and the weaponization of money are prevalent. In this unstable environment, Dalio advocates for gold as a preferred store of value over cryptocurrencies, arguing that gold historically preserves wealth during periods of conflict and monetary debasement. He expresses skepticism about central bank digital currencies (CBDCs), citing privacy concerns and potential government overreach. While Bitcoin has been promoted as "digital gold," its recent volatility and correlation with risk assets have raised doubts about its effectiveness as a safe-haven asset during systemic crises.

ccn.com02/16 09:37

Bitcoin’s Next Hurdle Isn’t Inflation — It’s Investor Patience, Pompliano Says

bitcoinist02/14 17:02

Bitcoin Could Hit $1.1 Million To $1.5M, Former PayPal President Says

David Marcus, former president of PayPal, has reiterated his bold prediction that Bitcoin could reach between $1.1 million and $1.5 million per coin by potentially surpassing gold as a store of value. He argues Bitcoin's advantages include its scarcity and ease of storage and transfer via a 12-word seed phrase, unlike physical gold. However, critics highlight the risks of losing the seed phrase and question the timeline and path to such massive adoption. They also note gold's enduring utility in industry and jewelry, which provides a different value anchor. While Marcus's influential viewpoint draws from his payments expertise, achieving this price target depends on broader adoption, clear regulation, and market stability. Current Bitcoin price action remains volatile and heavily influenced by headlines and trader sentiment.

bitcoinist01/30 09:46