$ 500,000? $ 1,000,000? Jesse Powell, CEO of Kraken, said Bitcoin is going to go forever.
Would Bitcoin be $ 1 million?
In a recent interview with Bloomberg, Kraken CEO Jesse Powell sent messages to the hottest Bitcoin bulls, stating that the biggest cryptocurrency is going to go forever.
Of course we can only speculate, but when you measure it in dollars, you have to think it will go to infinity.
He expects BTC to overshadow gold as a store of value in the near term.
In my opinion, in the near term, people see that it surpasses gold as a store of value. So, you know, I think a million dollars as a price target in ten years is very reasonable.
Powell also predicts that people will start measuring Bitcoin prices soon. It goes so far as to say that planets and even solar systems can be bought with the best cryptocurrency.
His comments came amid Kraken’s new capital increase that will increase its valuation to $ 10 billion.