Jason Lowery, the author of the book ‘Bitcoin Software War,’ has made bold predictions about the price of Bitcoin based on emerging proof-of-stake theories. In a tweet, he stated that the market is still in the early stages of understanding computer science behind proof-of-stake networks. Lowery introduced his ‘digital gold theory’ and suggested that this framework could push Bitcoin’s price to $1 million by around 2030. He added that with a full grasp of deeper concepts like ‘power representation theory’ and ‘digital matter theory’ by the public, the value of Bitcoin could increase to $100 million. Lowery emphasized that while he does not specify an exact time for the $100 million prediction, this goal may not be achieved until 2100. These statements blend technical speculation with broader market implications, prompting a reassessment of Bitcoin valuation framework.
Learn about a famous author's bold prediction on Bitcoin's price reaching $100 million by 2100 based on emerging proof-of-stake theories.