• 1911: Satoshi’s Early Partner Predicted Bitcoin at $10,000,000 Per Coin

  • Feb 21 2025
  • Length: 41 mins
  • Podcast

1911: Satoshi’s Early Partner Predicted Bitcoin at $10,000,000 Per Coin

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  • Summary

  • In 2009, Hal Finney, one of Bitcoin’s earliest adopters, ran a theoretical calculation to estimate Bitcoin’s long-term value, suggesting a run-up of $10,000,000 per BTC. He assumed that if Bitcoin were to become the dominant global currency or a key store of value, its total market capitalization would need to match the world’s total wealth. Learn more about your ad choices. Visit megaphone.fm/adchoices
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