Lately, as geopolitical tensions rise, interesting discussions are emerging. Analysts like Matt Hogan from Bitwise are paying close attention to this.

In a situation where countries are weaponizing their financial systems, the value of non-political assets like Bitcoin is gradually increasing. Hogan believes that if Bitcoin is widely adopted as a true store of value, it could surpass the current gold market, which is about $34 trillion.

Specifically, according to Bitwise analysis, if Bitcoin captures 17% of the store of value market within the next 10 years, it could reach $1 million per coin. And if you add the role of an international currency? That target price would need to be much higher.

Currently, Bitcoin's market capitalization is around $1.6 trillion, while gold remains at about $33 trillion. The gap is significant, but the fact that institutions like Bitwise are seriously analyzing such scenarios signals where the market might be heading.

Ultimately, as political uncertainty increases, the need for neutral assets like Bitcoin also grows. It's an intriguing perspective.