Strategist Says “8 Billion People Will Use Bitcoin in 20 Years”, Shares Price Prediction

Financial strategist Mark Hanna claimed in a recent discussion that Bitcoin (BTC) is the ultimate asset for those looking to retire early and live a comfortable life.

While Bitcoin’s volatility may deter some investors, he argued that it is actually a very important feature that can yield significant gains in the long run.

“I think it’s a completely misunderstood asset,” Hanna said. “Volatility will continue to scare people, but they don’t understand that it’s this volatility that gives Bitcoin the potential to be worth a hundred million or even a billion dollars.”

Hanna noted that traditional investments like real estate have become less attractive to younger generations who prioritize experiences and flexibility over owning large, capital-intensive properties. He explained that the current generation is less interested in tying up their wealth in real estate, instead opting to invest in assets that offer greater growth potential, such as Bitcoin.

Hanna cited Australia as an example, citing the high costs associated with property ownership, including government taxes and high mortgage rates. He explained that a $10 million home could cost a buyer $11 million upfront and generate $350,000 in annual mortgage interest. In contrast, Hanna suggested that renting out such a property for a fraction of the cost and investing the remaining capital in Bitcoin could yield much greater financial returns.

“Why would someone pay $5 million plus $350,000 a year to own a property when they can rent that lifestyle for $200,000 a year and invest $5 million in Bitcoin?” he asked.

Hanna also highlighted a significant demographic shift, arguing that the baby boomer generation, who now hold the bulk of real estate wealth, may struggle to sell their properties at current values because younger generations are not interested in buying.

“We could see 8 billion people turning to Bitcoin in 20 years,” Hanna predicted.

*This is not investment advice.