Jack Mallers has never been known for his restraint. But with his latest price prediction, the serial Bitcoin entrepreneur is going out on a limb.

Millers told NYSE TV: “Everything human beings own is worth about $900 trillion: real estate, the stock market, bonds, goods, services—everything we own.” Half of these goods, he says, are used for savings.

“I think Bitcoin will swallow this market. That would be a $400 to $500 trillion market.” Bitcoin’s current market capitalization is only $2.3 trillion. Therefore, there’s still plenty of room for growth.

More precisely, “100 to 200 times.” If Bitcoin actually increases 100-fold, one BTC would be worth a whopping $10 million.

This estimate, however, would only come true if Bitcoin truly completely displaces all other stores of value. Then there would be no more fiat currencies, the price of gold would be determined solely by its industrial value, and real estate prices would plummet. A rather unrealistic prospect.

Even if $10 million per Bitcoin is wishful thinking, digital gold still has enormous growth potential this year. The Fed’s interest rate decision has breathed new life into the crypto market.

Josip Rupena, founder and CEO of Milo, commented to BTC-ECHO: “Lower interest rates generally benefit so-called ‘risky’ investments, which include digital assets and equities. When borrowing costs fall and liquidity improves, investors often feel more comfortable allocating capital to these categories.”

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