Fidelity, one of the world’s largest asset managers, with Trillions of Dollars under management, has come out several times in the press and stated that one Bitcoin could be worth $100 Million or more by 2035 (Source in the notes). At the time of this video, this is 13 years away.
In this course, we are going to dissect the Business Case of Bitcoin and try and understand how such a large investment firm came up with what seems like a “crazy” price prediction.
To understand how Fidelity calculated that estimate, one must first understand how the fundamentals of Bitcoin governance work and more specifically its supply.