In this episode of the Coin Stories podcast, Natalie Brunell interviews Matthew Sigel, Head of Digital Assets Research for VanEck, about Bitcoin's performance, institutional adoption, and future outlook. Sigel discusses the slower-than-expected adoption by traditional financial institutions, noting that retail investors and sovereign entities are currently driving much of the investment. He also addresses the potential impact of regulatory changes, such as the reversal of SEC's SAB 121, and the possibility of governments establishing Bitcoin reserves. Sigel shares his perspective on Bitcoin's relevance in emerging markets, its potential as a hedge against government financial policies, and VanEck's approach to diversified portfolios including Bitcoin. He provides a price prediction for Bitcoin, suggesting a target of $180,000 in the next year and $3 million by 2050, while also touching on the role of Bitcoin miners, energy infrastructure, and the evolving landscape of digital assets.
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