BULLISH 📈 : Bitcoin Could Reach $11 Million by 2036 Amid AI-Driven Deflation

Bitcoin's Potential Surge by 2036

Joe Burnett, VP of Bitcoin Strategy at Strive (Nasdaq: ASST), predicts bitcoin could reach $11 million by Q1 2036.
The prediction is based on bitcoin becoming the primary long-duration savings asset amid AI-driven deflation and monetary expansion.
Burnett estimates a bitcoin network value of about $230 trillion by 2036, with bitcoin representing around 12% of global financial assets, which he expects to grow to $1.97 quadrillion.
The "AI deflation engine" suggests AI will reduce costs in industries, leading to price declines, requiring monetary expansion to combat deflation.
Bitcoin is positioned as an asset with absolute scarcity, contrasting with equities and sovereign bonds affected by AI and currency dilution.
Burnett introduces "Digital Credit," securities backed by bitcoin that generate income, potentially increasing bitcoin demand.
By 2036, only 41,000 new bitcoins will be issued annually, creating high demand due to limited supply.
Burnett argues that bitcoin will shift from a cyclical asset to key monetary infrastructure over the next decade.

At press time, Bitcoin traded at $66,958.

Bitcoin price chart