Bitcoin’s Potential Rise to $11 Million by 2036 Amid AI-Driven Deflation
- Joe Burnett, VP of Bitcoin Strategy at Strive, predicts Bitcoin could reach $11 million by Q1 of 2036.
- He estimates the Bitcoin network value could hit $230 trillion, making up around 12% of global financial assets.
- Burnett’s thesis centers on AI-driven deflation and monetary expansion reshaping economies.
- AI is expected to reduce costs and increase productivity, prompting central banks to expand liquidity.
- By Burnett’s calculations, fewer than 41,000 new BTC will be issued in a year by 2036, with potential demand reaching $34 million per coin.
Burnett argues that Bitcoin could become the dominant long-duration savings asset due to its scarcity and ability to absorb excess liquidity in an economy affected by AI-led deflation and repeated monetary interventions. He suggests that technological advancements will drive deflationary pressures while policy responses will continue expanding liquidity.
