Long-term prospects of Bitcoin from an inflation perspective

Recently, a well-known industry figure stated that Bitcoin could potentially break through the $1 million mark. His logic is straightforward: governments around the world continuously increase the money supply, but the total amount of Bitcoin is fixed at 21 million coins.

This view touches on a core contradiction—the traditional monetary system’s central banks keep expanding their balance sheets, diluting purchasing power, while Bitcoin, as a digital asset, is inherently scarce. From this perspective, as global liquidity floods the market, Bitcoin could become an important tool for hedging against inflation. Of course, reaching a price level like $100,000 requires further recognition and adoption in the market. While such long-term price predictions carry uncertainties, they reflect the unique value proposition of cryptocurrencies in combating fiat currency devaluation.