Strive Strategist Says AI Deflation Could Push Bitcoin to $11 Million by 2036

Joe Burnett, vice president and strategist at Strive, believes AI will boost productivity and lower the cost of goods and services, creating long-term technological deflation. To prevent pressure on demand and asset prices, central banks worldwide may continue expanding the money supply, driving capital into scarce assets such as Bitcoin, whose supply is capped at 21 million coins.

Burnett’s latest report forecasts that Bitcoin will rise to $11 million per coin by the first quarter of 2036 and account for about 12% of the value of global financial assets. The valuation rests on the assumption that AI-driven deflation will force central banks to accelerate monetary easing, while Bitcoin gradually captures store-of-value demand currently held by traditional assets including gold, equities, bonds and real estate.