Writer and The Price of Tomorrow author Jeff Booth said in a Bitcoin Magazine video interview that a $1 million Bitcoin price target is "too small." According to ChainCatcher, he argued that pricing Bitcoin in a depreciating fiat currency makes the target invalid because it values the asset inside a system distorted by monetary debasement.

Booth said Bitcoin is not just a token or an asset, but the beginning of a decentralized, secure, privacy-focused protocol stack that could ultimately resemble the internet. He also described it as the first truly free market in human history.

Booth discussed AI valuation and technological deflation, saying free markets would push the price of AI services toward zero. He said this deflationary force would conflict with a debt-based monetary system, and pointed to U.S. debt of about $40 trillion, bond yields, and a financial system of roughly $350 trillion that he described as effectively insolvent.

He also linked AI singularity theories, market fear, and monopoly-style regulation. Booth further discussed Bitcoin adoption timelines, Bitcoin payments, and the expansion of circular economies globally, along with ideas such as Bitcoin-backed private equity and perpetual-hold businesses in a deflationary future priced in Bitcoin.