Coinbase CEO Brian Armstrong shared a forecast according to which Bitcoin could reach $1 million by 2030. Despite the recent drop in value to $112,387, he is confident that the digital currency has the potential for such significant growth.
Armstrong named the progress of the US authorities in creating a legal framework for the crypto industry as a key factor. He paid special attention to the GENIUS bill, which should form the rules for issuing stablecoins and, according to him, modernize the outdated US financial system.
In addition, the head of Coinbase noted a document on the structure of the crypto market, which is under consideration by the Senate. The adoption of this law by the end of this year, he believes, will bring long-awaited clarity to the regulation of digital assets and increase investor confidence.
Armstrong also emphasized the role of institutional capital: according to him, the influx of funds into spot ETFs on Bitcoin can accelerate the growth of the cryptocurrency price.
Separately, the businessman drew attention to the decree of President Donald Trump, which provides for the creation of a strategic reserve of bitcoins for the United States. Armstrong recalled that five years ago the very idea that the state would own cryptocurrency seemed impossible. Now he admits that the G20 countries can follow Washington's example, which will significantly increase global demand.
However, the opinion of the head of Coinbase is not unique. A similar forecast was previously voiced by the author of the book "Rich Dad, Poor Dad" Robert Kiyosaki. He also believes that bitcoin can rise in price to $ 1 million, especially if the global economy faces a large-scale crisis.
Thus, experts agree that by the end of the decade, Bitcoin has every chance of reaching new historical heights. The steps of regulators, support from institutional investors, and the policies of major countries will be decisive in this process.
A volumetric growth to $1 million is still a subject of discussion, but statements by leading figures in the crypto market give confidence that Bitcoin will continue to strengthen its position as a strategic asset on a global scale.