Viewpoint: AI-Driven Deflation Could Push Bitcoin to $11 Million by 2036

Odaily News According to Joe Burnett, Vice President of Strategy at Strive, AI-driven productivity gains will lead to falling prices for goods and services, creating deflationary pressure. This pressure may prompt policymakers to respond with sustained monetary expansion. Based on a published report, under a baseline scenario, Bitcoin is projected to reach $11 million in the first quarter of 2036, at which point its market capitalization would hit $230 trillion, accounting for 12% of the value of global financial assets. This forecast assumes global wealth compounds at an annual growth rate of 7%. Currently, Bitcoin represents approximately 0.2% of global financial assets.