What is the Highest Price Level That Bitcoin Price Can Reach During Its Entire Future History? Science Fiction Taste Price Prediction from the Analyst!

Famous cryptocurrency In a recent statement, analyst Willy Woo shared his prediction for the highest price level that Bitcoin can reach in the future.

Willy Woo Made an Absurd Bitcoin Price Prediction Like a Science Fiction Movie

According to Woo, the cap price for Bitcoin could be as high as $45 billion per coin by 2335, measured in 2024 US dollars. This forecast assumes current growth rates of economies and a Kardashev 1 economy.

Woo’s calculation is based on a few key assumptions:

• The money is equal to about a 1:1 ratio of world GDP.
• The money is equal to about a 1:1 ratio of world GDP.
• Since the economy is essentially a machine that consumes energy to create goods and services, GDP grows with energy consumption.
• People currently use 17.7 TW of power.
• In the hypothetical Kardashev 1 economy, we would use 974,000 TW, which is all the energy falling on the earth.
• This means using 9830 times more energy than today. Multiplying today’s world GDP by 9830 will give the upper limit.
• This means a world GDP of $950,000 trillion and a demand of $45 billion per BTC if Bitcoin became the global currency.
• Since world GDP and global energy use increase by approximately 3% per year, we will have used all the Earth’s energy in 311 years.

Woo also speculated on the Bitcoin price for the Kardashev 2 economy, which involves using all the energy available from the Sun. However, the analyst noted that there may be light speed issues with the 10-minute block time, given that we would be a multi-planet civilization in this case.

A Kardashev 1 economy, also known as a Type I civilization on the Kardashev scale, refers to a civilization that can use all the energy available on its planet. This includes the ability to control natural events such as earthquakes and volcanic eruptions.

*This is not investment advice.