VanEck, an asset management firm, recently released a report predicting that Bitcoin could reach a price of $2.9 million per coin by 2050. This projection is based on a scenario where Bitcoin is used to settle 10% of global trade and 5% of domestic trade, with central banks holding 2.5% of their assets in Bitcoin. VanEck believes that Bitcoin Layer-2 solutions, which address scalability issues, will play a key role in achieving this level of adoption. They also anticipate a decline in the use of fiat currencies like the euro and yen, driven by economic mismanagement and increasing distrust in traditional financial systems. The report suggests that Bitcoin's role as a neutral medium of exchange with immutable property rights could become more prominent, especially as other major currencies face challenges​.