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EMJ Capital’s Eric Jackson Projects Bitcoin at $50 Million by 2041

His call rests on a thesis of Bitcoin as an apolitical collateral base for sovereign debt.

Overview

  • Jackson outlines a "Vision 2041" in which Bitcoin shifts from digital gold to the neutral collateral layer underpinning global finance.
  • He argues Bitcoin could replace the Eurodollar-based collateral system due to its digital design and distance from central bank and political control.
  • The projection assumes sovereign borrowers ultimately rely on Bitcoin for balance sheet collateral over roughly a 15-year horizon.
  • He says the vast scale of sovereign debt would require Bitcoin’s price to rise by orders of magnitude to support such a role.
  • Coverage frames the target as highly aggressive, noting Bitcoin traded near $91,574 at press time and that Jackson cites his contrarian "hundred-bagger" playbook, including a past Carvana bet.