Bitcoin One Million: The Final Chapter of Fiat

by Fred Krueger, Ben Sigman

The purpose of this book is to present a clear, math- and logic-based argument for why Bitcoin is on the path to $1 million. Inside, you’ll find the data and reasoning that will not only strengthen your own conviction but also give you the tools to confidently explain Bitcoin’s trajectory to others.

We examine all the major asset classes - stocks, bonds, gold, and real estate - and show why Bitcoin will outperform them. You’ll see Bitcoin’s relationship to other assets laid out with mathematical precision, while also gaining insight into the psychology of holding through volatility. Practical tools like the Kelly Criterion are introduced to help you automatically manage allocation and risk.

Finally, we look ahead-10 years, 20 years into the future - and What does the world look like when Bitcoin reaches $1 million? What’s the path that gets us there? And how probable is that outcome given the trends already in motion?

345 pages, Kindle Edition

Published October 8, 2025

Reviews

[Stephen Drew]

For personal reference:

“This is an outstanding book that belongs in every Bitcoiner's library. Good stuff on the power law, comparisons with other assets, treasury cos, stable coins, kelly criterion, etc. Ben's Quantum risk chapter alone justifies purchase. Some excerpts below. Nice job Fred and Ben.” - Lawrence Lepard on X

https://x.com/lawrencelepard/status/1...

[Tyler Lannom · Rating 5 out of 5]

best Bitcoin book to date

Wow. Summarizes all the most relevant topics surrounding Bitcoin into 1 book. Krueger invites everyone to understand how we can develop real conviction. I’ll see you at 10 million my fellow plebs

[Dmitriy Perelstein · Rating 5 out of 5]

It's so good and easy to grasp my 13 year old son asked me to read it after I am done.