The CEO of Kraken Exchange said that the price of Bitcoin will reach $ 1 million in the next 10 years and Bitcoin will become the dominant currency in global exchanges.
In a recent interview, Jesse Powell, CEO of Kraken Exchange, said that national currencies have many weaknesses in their current form, adding that bitcoin is expected to become the dominant currency in global exchanges in the future. “I think bitcoin goes to the moon and Mars, and eventually becomes the dominant global currency,” he said. Ilan Musk, CEO of Tesla and SpaceX, also recently announced that the Dodge Quinn currency will go to the moon.
Increasing the price of Bitcoin to $ 1 million by a decade
“The value of bitcoin will be higher than that of gold in the short term, and we will see it reach $ 1 million in the next 10 years,” he said. Although the bitcoin rate has dropped to $ 50,000 in recent trades, its value has grown by more than 70% over the past year.
It is worth mentioning that in the past months, due to the entry of famous people into the digital currency markets , especially Ilan Mask, we have witnessed the entry of many people into the digital currency market. Gary Gonzler, Biden’s nominee for chairman of the US Securities and Exchange Commission, recently said that the digital currency market is a good place to do criminal work, and that interfering in these markets is a major challenge for the Biden administration.