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Bitcoin to Hit $200 Trillion? Cypherpunk’s Wild Prediction Shocks Market

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  • Adam Back predicts Bitcoin could reach $200 trillion market cap.
  • Bold forecast stirs debate across crypto and traditional finance sectors.
  • Fiat currency devaluation may boost Bitcoin’s long-term global demand.

A bold valuation forecast from British cryptographer Adam Back has reignited speculation around Bitcoin’s long-term potential. The cypherpunk and CEO of Blockstream claims Bitcoin’s market cap could one day reach $200 trillion, a figure that stunned even seasoned market analysts.

Back’s prediction sharply contrasts with the $40 trillion market value of the S&P 500, which tracks the largest 500 public companies in the United States. Gold, considered a traditional store of value, stands at approximately $13 trillion. In the meantime, the total global GDP stands at about 105 trillion dollars and the global real estate is valued at approximately 300 trillion dollars.

Also Read: Mercado Bitcoin to Tokenize $200M in Assets on XRPL, Shocking the Industry

According to Back claims that the further growth of the supply of fiat money and rise of governmental expenditures may cause the significant promotion of Bitcoin as a segment of the financial system. Back believes a possible negative effect of aggressive monetary policies is the widespread devaluation of national currencies. This, in turn, could trigger increased demand for decentralized financial alternatives like Bitcoin.

His remarks have been likened to that of venture capitalist Tim Draper, who also opined that Bitcoin has the potential to one day facilitate more effective performance than all the fiat currencies, given the state of the economy turns sour. Draper has been championing Bitcoin as a defense towards inflation and incompetence by the government.

$200 Trillion Forecast Ignites Strong Debate in Financial Circles

Although Back was one of the earliest individuals to hear about Bitcoin, receiving an email from creator Satoshi Nakamoto in August 2008, he didn’t invest until 2013. Since then, he has publicly remained bullish on Bitcoin’s role in reshaping the global monetary system.

Market experts have expressed skepticism, noting that a $200 trillion Bitcoin market cap would require an extreme shift in the current economic structure. Some analysts argue that while Bitcoin has potential as a store of value, its utility still falls short of assets like real estate or equities.

Despite the doubts, Back’s statement has intensified conversations about Bitcoin’s future amid growing concerns over inflation and fiscal policy. As interest in alternative assets rises, such extreme projections continue to capture attention across both crypto and traditional finance sectors.

Also Read: David Sacks Celebrates Major Bill as Trump Shifts Focus to Crypto Legislation

The post Bitcoin to Hit $200 Trillion? Cypherpunk’s Wild Prediction Shocks Market appeared first on 36Crypto.

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