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

LiveBTCNews
BTC1,76%

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

Polymarket Data: The probability of Bitcoin rising back to $100,000 within the year is 40%

Gate News reports that on March 15, Polymarket prediction market data showed that the probability of Bitcoin reaching $100,000 within the year is 40%, the probability of reaching $90,000 is 53%, and the probability of reaching $80,000 is 76%. Additionally, the probability of BTC dropping to $50,000 within the year is 61%.

GateNews3m ago

'Rich Dad Poor Dad' Author: Bitcoin Will Go Up After 'Giant Crash' - U.Today

Robert Kiyosaki warns of an imminent economic crash, suggesting it’s a buying opportunity. He highlights Warren Buffett’s cash reserves and believes prices for gold, silver, and Bitcoin will rise post-crash, despite facing backlash over his investment claims.

UToday26m ago

Spot Bitcoin ETFs Push Inflows to Five-Day Streak, First in 2026

US spot Bitcoin ETFs posted their first five-day inflow streak of 2026, tallying roughly $767.32 million for the week and signaling renewed investor appetite for physical-exposure products amid a volatile macro backdrop. Net inflows on Friday reached $180.33 million, extending a trend that began

CryptoBreaking1h ago

DWF Labs: Traditional Altseason Coming to an End, Institutional Capital Shifting to BTC, ETH, and RWA

Andrei Grachev from DWF Labs points out that the traditional "altseason" is gradually disappearing due to structural changes in the crypto market. Institutional capital increasingly favors Bitcoin and Ethereum, exposing altcoins to higher risks and capital outflows. Over the past 13 months, altcoin market capitalization has declined by over $209 billion.

GateNews1h ago

Bitcoin rose 8.55% this week, potentially marking the largest single-week gain since September 2025

Gate News reported on March 15 that according to Coinglass data, Bitcoin's weekly return rate is currently at 8.55%, with a historical average return rate of -1.03%. Despite the escalating Iran-Israel conflict and prevailing risk-averse sentiment in the market, Bitcoin is poised to record its largest single-week gain since September 2025. During the same period, the S&P 500 index (the benchmark index for the U.S. stock market) declined by 1.60%, with BTC's performance significantly outperforming the U.S. stock market.

GateNews1h ago

Bitcoin Cash Holds Support at $440 but Sellers Remain in Control

Bitcoin Cash (BCH) has corrected to a long-term support zone in the range of $440-$470, which is an area located just below the midpoint of the trading range that BCH has maintained over the past two years. Retesting this long-term support zone could open up an opportunity for a trend reversal in a positive direction.

TapChiBitcoin1h ago
Comment
0/400
No comments