Jack Dorsey, the founder and former CEO of Twitter, revealed his prediction about Bitcoin reaching $1 million.
In an interview with Pirate Wires, Dorsey stated, “It will be at least $1 million by 2030. I think it will be, and probably a lot more.”
According to Business Insider, for Dorsey’s forecast to materialize, Bitcoin would need to increase by over 1500%.
Dorsey emphasized the impact of Bitcoin’s ecosystem and movement, stating, “The most surprising thing about Bitcoin, apart from its founding story, is that everyone working on it, buying it, or accepting it for payment, everyone trying to make it better, makes the whole ecosystem better. This drives the price increase.”
While $1 million may seem slightly more than Bitcoin’s current price of $60,917, other prominent figures in the industry have expressed similar views. Cathie Wood, the founder and CEO of Ark Invest, went even further, predicting that Bitcoin would reach $1.5 million by 2030.
Source: investing.com
