VanEck CEO Jan Van Eck forecasts Bitcoin reaching $350,000 as central banks start quantitative easing. He suggests Bitcoin's market cap could reach half of gold's, currently at $16.8 trillion. VanEck's research projects Bitcoin hitting $2.9 million by 2050 in a base case scenario, assuming adoption for global trade and as a reserve asset. Challenges include scalability issues, energy demands, regulatory hurdles, and competition from other cryptos. Bitcoin currently trades at $62,900, facing resistance after recent US jobs report.