Bitcoin prediction: Crypto king to ‘overtake global finance’ by 2050; price to soar up to $470,000 by 2030

2021 will probably go down in history as the year when Bitcoin started to enter the mainstream financial world with an increasing number of global financial institutions, large technology enterprises, and even a nation adopting the crypto king. While Bitcoin will sooner or later come out of the current price correction phase, the majority in a survey of 42 crypto experts globally recently said hyperbitcoinisation – the moment when Bitcoin overtakes global finance – will happen by 2050.

The survey, which also included heads of Indian crypto exchanges ZebPay and Unocoin – Avinash Shekhar and Sathvik Vishwanath respectively, was published this month by the UK-based personal finance platform Finder. The study noted that 29 per cent said hyberbitcoinisation will happen as soon as 2035 while an additional 20 per cent believed it to happen by 2040.