The vice-president for bitcoin strategy at Strive projects Bitcoin to reach $11 million by the first quarter of 2036 under specific macroeconomic dynamics.

Forecast and core premise

The projection rests on a convergence of technological deflation driven by artificial intelligence and accommodative monetary policy responses from central banks worldwide.

According to the forecast, productivity gains from AI will reduce costs and exert downward pressure on prices, creating deflationary tendencies that affect fiat debt systems.

Policy response and liquidity dynamics

The author argues that central banks will counteract deflationary risks by lowering interest rates and expanding liquidity, increasing money supply across financial markets.

In this environment, excess liquidity is expected to search for stores of value that cannot be diluted by additional issuance, altering capital allocation across asset classes.

Why Bitcoin?

Strive’s view is that Bitcoin remains a unique candidate because of its fixed issuance schedule and broad global accessibility, which limit supply-side dilution risks.

• Fixed supply: Bitcoin’s capped issuance is cited as a hedge against currency debasement and broad liquidity expansion.
• Global liquidity: The asset’s cross-border market depth is considered sufficient to absorb significant capital inflows in the scenario.
• Macro link: The chain of productivity, policy easing and liquidity search forms the foundation of the price path proposed.

Valuation implication

Under the base case, a $11 million price per bitcoin by Q1 2036 translates into a market capitalization near $230 trillion, according to the estimate.

The projection does not specify technical implementation timelines for infrastructure deployment, focusing instead on macroeconomic and liquidity conditions as primary drivers.

Sources

The forecast and accompanying rationale were reported by Tokensales and News, citing the Strive vice-president for bitcoin strategy.