VanEck executive: If central banks adopt Bitcoin as a reserve asset, Bitcoin will reach $3 million by 2050

ChainCatcher news, VanEck's Head of Digital Asset Research Matthew Sigel stated that as the U.S. debt reaches $35 trillion, if central banks adopt Bitcoin as a reserve asset, Bitcoin could reach $3 million by 2050.

Former Trump cryptocurrency advisor David Bailey believes that nation-states are about to enter the Bitcoin market and predicts that sovereign funds and central banks will invest billions of dollars monthly.