EMJ Capital CEO predicts BTC could reach $50M in 15 years

Eric Jackson, CEO of U.S. asset management firm EMJ Capital, has predicted that the price of Bitcoin could rise to $50 million per coin within 15 years, by 2041, The Crypto Basic reported. In a recent interview, Jackson explained that Bitcoin has the potential to far exceed its current role as a digital store of value. He suggested that it could ultimately establish itself as a core financial infrastructure supporting national fiscal health and global liquidity. In this case, he added, it could also serve as collateral for the U.S. dollar or bond markets. Given the enormous size of the global sovereign debt market, Jackson argued that Bitcoin's value could reach the $50 million mark in 15 years. Meanwhile, Bitcoin is currently trading at $68,756.97, down 2.38%, according to CoinMarketCap.