Wikipedia founder predicts BTC will fall below $10K by 2050, become a collectible

Wikipedia founder Jimmy Wales has predicted that Bitcoin will plummet to under $10,000 by 2050, U.Today reported. While he stated that Bitcoin's value will not drop to zero, noting its design is robust enough to exist indefinitely barring an unforeseen flaw or a 51% attack, he argued its survival does not guarantee success. Wales suggested that a lack of practical utility will ultimately relegate Bitcoin to the status of a niche hobbyist collectible, describing it as a "complete failure" as both a currency and a store of value.