Jeff Booth argues that a Bitcoin valuation of $1 million per BTC may significantly understate the asset’s potential when measured against fiat currency. In an article published by Bitcoin Magazine on September 24, 2026, Booth challenges the framework used to assess Bitcoin in terms of currencies he describes as debased. His central point is that pricing Bitcoin in fiat relies on a monetary system he considers distorted, making conventional targets difficult to interpret. The discussion focuses on how the choice of measuring unit can shape perceptions of Bitcoin’s value, rather than presenting a new formal forecast for the cryptocurrency. The article was written by Patrick Green and first appeared in Bitcoin Magazine. Bitcoin is the primary asset covered in the report.
Jeff Booth Says a $1 Million Bitcoin Target Is Too Small
Jeff Booth says a $1 million Bitcoin target may be too conservative because valuing BTC in debased fiat currencies relies on a distorted monetary framework, according to an article published by Bitcoin Magazine.
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