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Image by Tom Bark — Pixabay

The Two Biggest Reasons Why Bitcoin Price Will Reach $1,000,000 Within 20 Years

The success of Bitcoin in the future is inevitable.

Sylvain Saurel
Jul 6 · 6 min read

How much one Bitcoin will be worth in U.S. dollar in the future? Can Bitcoin reach $100,000? $300,000? How about $1 million in the future?

The supply of new Bitcoins is inexorably shrinking

Bitcoin’s monetary policy is automated, which means that it cannot be changed by a simple human decision.

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Illustration by Sylvain Saurel

Buying Bitcoin becomes mandatory to hedge against the great monetary inflation

The economic crisis of 2020 has highlighted more than ever the flaws of the current monetary and financial system.

The potential for growth in demand for Bitcoin is exponential

The devaluation of the U.S. dollar will play an important role as well

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Buying power of 100 over time, 2000–2020

Such a large printing of the U.S. dollar in such a short period of time will accentuate the devaluation of the U.S. dollar.

Conclusion


In Bitcoin We Trust

In Bitcoin We Trust is a place where Bitcoin believers…

Sylvain Saurel

Written by

Entrepreneur / Developer / Blogger / Author. In Bitcoin We Trust: https://www.inbitcoinwetrust.net

In Bitcoin We Trust

In Bitcoin We Trust is a place where Bitcoin believers share their ideas about the upcoming revolution. Blockchain and cryptocurrencies are also covered in this publication.

Sylvain Saurel

Written by

Entrepreneur / Developer / Blogger / Author. In Bitcoin We Trust: https://www.inbitcoinwetrust.net

In Bitcoin We Trust

In Bitcoin We Trust is a place where Bitcoin believers share their ideas about the upcoming revolution. Blockchain and cryptocurrencies are also covered in this publication.

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