Joe Burnett: Bitcoin will be worth $ 11 million by 2036

Joe Burnett, vice president of bitcoin strategy at Strive (Nasdaq: ASST), predicts that the price of the flagship crypto marketplace BTC $70,683.38 Mezo Wrapped BTC 7.73% Market capitalization $38.91 million VOL. 24 hours $2.32 billion could reach $ 11 million by the first quarter of 2036. In his analytical note, he explains that cryptocurrencies should not replace the financial system, but can become the dominant long-term capital preservation tool in the face of artificial intelligence-induced deflation and the constant expansion of liquidity by central banks.

Burnett’s baseline scenario assumes that the bitcoin network will be capitalized at $ 230 trillion in 2036. This is about 12% of the global financial asset base, which he estimates at almost $ 2 quadrillion, assuming an annual growth rate of 7%. In his opinion, it is the absolute scarcity of bitcoin that makes it a prime candidate for redistribution of global wealth.

The key factor is the «deflationary AI engine»: automation and robotization reduce labor costs, increase productivity, and put pressure on prices. In a debt-based fiat system, this leads to a political response — expansion of central bank balance sheets, credit support, and fiscal transfers. As a result, capital is looking for an asset that cannot be arbitrarily increased.

Burnett believes that stocks are becoming more vulnerable to «creative destruction» by AI, real estate is limited by technological factors, and government bonds remain tied to depreciating currencies. Bitcoin, on the other hand, is able to absorb excess liquidity due to its limited issue, divisibility, and verifiability.

According to his calculations, less than 41 thousand new BTC will be mined in 2036. If only 1% of the annual growth in global financial assets were allocated to bitcoin, it would create a demand of $ 1.4 trillion, or about $ 34 million for each new coin. Burnett concludes that the path to eight-digit price levels is determined by structural monetary conditions, not speculative enthusiasm.