Vaneck predicts Bitcoin price will reach $2.9 million by 2050

According to a report released by asset management company Vaneck, Bitcoin's price could reach $2.9 million per coin by 2050, becoming a global trading medium and reserve currency. The report indicates that Bitcoin could settle 10% of global international trade and 5% of domestic trade, with central banks holding 2.5% of assets in BTC form. Scalability challenges are worth noting, but the second layer solution may enhance adoption.