Bitcoin to deliver ‘high returns' for 30 years, predicts top mathematician

Bitcoin is still in its early days, and its price is poised for “massively high returns” over the next two to three decades, according to Wall Street veteran and mathematician Fred Krueger.

“We're super early. We're very, very early,” Krueger said in an interview on Jamie Tree podcast. “We're at the beginning of probably a 20-year journey of massively high returns. It’s going to be… 20 or maybe even 30 years.”

Krueger dismissed the idea that Bitcoin has already peaked, emphasizing that despite its rapid growth, it remains in the “first inning” of its long-term trajectory. He compared it to major tech stocks like Apple and Amazon, where even after early surges, valuations continued to skyrocket.

"I owned Apple in 2008, and I bought it when they first came out with the iPhone. The stock doubled… and then it doubled again. And then I thought, ‘Oh, I’m done. Great trade.’ And then it went up 50 times after that,” he said.

Krueger sees Bitcoin following the same pattern, urging investors to extend their time horizon. “This thing will just work, and it will work,” he stated. “You gotta just extend your time frame to about a decade.”

Bitcoin’s path to the ultra-wealthy

While retail investors have been the primary drivers of past bull markets, Krueger believes the next major wave will be led by institutional capital and high-net-worth individuals.

"If millionaires and billionaires decide to increase their Bitcoin exposure from a negligible 0.01% to just 2%, that small adjustment could unleash an avalanche of capital into Bitcoin," he said. “There’s so much money in real estate, bonds, and overpriced stocks… they just don’t have enough allocation.”

Krueger pointed to the recent launch of spot Bitcoin ETFs as a key catalyst for mainstream adoption among the ultra-wealthy. Previously, accessing Bitcoin required opening accounts on crypto exchanges or dealing with complex self-custody solutions. Now, traditional investors can allocate to Bitcoin through financial products like BlackRock’s IBIT and Fidelity’s FBTC.

“All they need to do is just allocate a very small amount into IBIT or FBTC, and those guys are going to clean up,” he said.

For those who still feel they may have missed out, Krueger had one message: "You're very, very early. Less than 1% of rich people even have any Bitcoin. There’s going to be a lot of great gains."