Cardano Developer Predicts $500,000 Bitcoin Cost. Here’s the Timeline
In a compelling video clip shared by Angry Crypto Show on X, Charles Hoskinson, the creator of Cardano and one of the most influential figures in the cryptocurrency space, laid out an astonishing long-term forecast for Bitcoin. The post Cardano Creator Predicts $500,000 Bitcoin Price.
For context, gold’s market cap presently hovers around $15 trillion, however Hoskinson’s more conservative estimate places Bitcoin reaching a $10 trillion assessment, making it a significant worldwide store of value. This is not the first time popular voices in crypto have actually drawn parallels between Bitcoin and gold, but what makes Hoskinson’s take stand out is his determined yet confident timeline. Macroeconomic pressures such as inflation, geopolitical uncertainty, and concerns over fiat currency debasement have actually positioned Bitcoin as a modern hedge, a digital version of gold in the eyes of numerous investors.
Importantly, Hoskinson’s view resonates with ongoing debates in the crypto community about Bitcoin’s utility beyond speculative trading. While some skeptics argue that Bitcoin still faces scalability constraints, others see Hoskinson’s forecast as practical given the accelerating rate of institutional integration and the increasing narrative of Bitcoin as “digital gold.”