Bitcoin (BTC) at $1 Million is Perfect, Adoption and Scarcity As Accelerants

John McAfee’s relentless optimism about a $1 million Bitcoin value remained unfazed through the harsh crypto winter of 2018. In fact, in September 2018, he went on to reaffirm his million-dollar Bitcoin worth prediction by 2020’s end. McAfee reiterated that “I think it is impossible to be anything less than that. The bet is still on.”

When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong.

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