Renowned economist Jeff Booth analyzed in a recent interview that the reasonable intrinsic value of Bitcoin is approximately 43 million dollars per coin.

Why! This is his analysis:

The natural state of a free market is actually deflation—technological progress makes goods cheaper and cheaper, which is the norm for a healthy market. In the video, the economist points out that the "growth" touted by politicians is often achieved through monetary manipulation, essentially transferring wealth. AI and robots will accelerate this deflationary process; companies that do not adopt new technologies will be eliminated.

Regarding Bitcoin, he offers an interesting perspective: global assets are about 90 trillion dollars, corresponding to 21 million Bitcoins, theoretically valuing each at about 43 million dollars. More importantly, as production efficiency improves, the prices of goods will continue to fall, and holding Bitcoin actually means a permanent increase in purchasing power.

His core advice is very practical: after understanding this logic clearly, it may be wise to allocate a portion of asset allocation while shifting attention from consumption-based systems to construction-based systems.