Wikipedia Co-Founder Predicts Bitcoin Price Could Drop Below $10K by 2050

LiveBTCNews
BTC0,98%

Wikipedia co-founder Jimmy Wales predicts Bitcoin price may drop below $10,000 by 2050, despite strong design and continued existence.

Wikipedia co-founder Jimmy Wales shared a new opinion about Bitcoin on X. He said that Bitcoin will probably survive for decades. However, he believes that the Bitcoin price could decrease enormously by 2050. Therefore, his opinion caused a debate within the crypto community and financial markets.

Jimmy Wales Says Bitcoin May Survive but Lose Value

According to Jimmy Wales, Bitcoin is well-designed technically. Therefore, the network will probably play on in the future. All he said about the future of Bitcoin was that it can only fail in the face of major failure in cryptography. In addition, a massive network attack could also be a threat to the system.

People who think that Bitcoin is going to zero are likely mistaken. The design is robust enough that it will continue to exist in perpetuity, barring some currently unforeseen breakdown in cryptography or a surprise 51% attack (even then, a fork would carry on I would imagine).…

— Jimmy Wales (@jimmy_wales) February 25, 2026

However, Wales said that even events like this may not end the life of Bitcoin. Instead, the network could split and continue through a new blockchain fork. Therefore, he expects the technology to be active for many years.

_Related Reading: _****Bitcoin at $68K: Short-Term Holders Down

But Wales is unconvinced that Bitcoin will be able to succeed as money. He argued that it has failed as a currency and store of value. Therefore, he believes that Bitcoin is not going to become the main global payment system. Instead, it may continue to be a smaller community of enthusiasts.

Furthermore, Wales predicted the price of Bitcoin could be less than $10,000 by 2050. He measured this estimate in terms of today’s dollars. In addition, he warned that the price could even fall much lower. Consequently, he called Bitcoin primarily a speculative digital asset.

Currently, Bitcoin still has a strong market value. As of February 2026, the cryptocurrency is trading for about $68,716. Therefore, the forecast for Wales is a big difference from the market today. His comment soon spread in social media discussions and crypto forums.

Institutional Forecasts Predict Much Higher Bitcoin Prices

However, several financial institutions have a very different long-term perspective. For instance, investment firm VanEck released some positive Bitcoin projections. Their reports indicate that massive price growth could occur if there is more global adoption.

According to VanEck projections, the value of Bitcoin can reach $2.9 million by 2050. Furthermore, the firm estimated a possible high of 53.4 million dollars per coin. These projections are highly dependent on the integration of financial markets around the world, and institutional demand.

Meanwhile, Wales was also concerned about technological adoption trends. He said artificial intelligence systems have not widely adopted cryptocurrencies. Therefore, he asked if Bitcoin will have a major role in the future digital economies.

However, the broader crypto industry is still significantly growing in the world. Governments, banks and technological companies are still exploring blockchain systems. As a result of this, many investors believe that Bitcoin could still have increased importance towards the world.

The debate makes the uncertainty about the long-term future of Bitcoin. Some experts anticipate huge growth while others predict limited usefulness. Nevertheless, the largest cryptocurrency, as well as the one with the highest market value, is still Bitcoin.

Therefore, forecasts such as the one made by Wales often affect investor sentiment. However, market prices continue moving according to adoption, regulation and global economic trends.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Cango Completes $442M Bitcoin Liquidation and Secures $75M in New Capital for AI Pivot

Cango Inc. sold 6,451 bitcoin across February and March 2026, applying the proceeds entirely to retire crypto-collateralized loans as the company transitions its mining infrastructure toward artificial intelligence (AI) compute services. Key Takeaways: Cango Inc. sold 6,451 BTC across February an

Coinpedia28m ago

BTC 跌破 72000 USDT

Gate News bot 消息,Gate 行情显示,BTC 跌破 72000 USDT,现价 71996.4 USDT。

CryptoRadar1h ago

BTC 15-minute drop of 0.42%: Large-amount net outflows and geopolitical risk-off sentiment weigh on the short-term market

From 22:30 to 22:45 (UTC) on 2026-04-09, the BTC price briefly dipped within a 0.46% amplitude range. The return was recorded at -0.42%, and the price fluctuated between 72,298.3 and 72,631.6 USDT. During this period, market attention warmed up. Trading volume for short-term active orders increased alongside heightened volatility, and overall sentiment turned cautious. The main driving forces behind this unusual move were net outflows of large exchange funds and a liquidity bottleneck. On-chain data shows that over the past 24 hours, the BTC exchange large-net-outflow amount reached -559.08 BTC, directly reflecting institutions and Large Investors

GateNews1h ago

BTC breaks through 73000 USDT, up 2.32% over the past 24 hours

Gate News message, April 9, market data shows that BTC has broken through 73,000 USDT, currently trading at 73,052.1 USDT, with a 24-hour gain of 2.32%.

GateNews2h ago

BTC Breaks Through 73000 USDT

Gate News bot 消息,Gate 行情显示,BTC 突破 73000 USDT,现价 73000 USDT。

CryptoRadar2h ago
Comment
0/400
No comments