Dan Held from Kraken: BTC będzie wart 1 milion dolarów
Kraken co-founder says current supercycle could raise Bitcoin to $1,000,000
Dan Held believes that the first cryptocurrency is currently in the super cycle of bullish growth. It's not just a 2-3 X rise. It's a bull market that happens every 100 years. Bitcoin can instantly soar from the current $60,000 to million dollars.
According to the co-founder of Kraken, the reason for this activity is in the current distrust of financial institutions, increased inflation against the background of the COVID-19 pandemic, as well as the printing of money by central banks of many states.
Today's growth of Bitcoin is not a hype, because it is something new. The current investors are not pressed by FOMO. It's different. They buy BTC because they believe that in cryptocurrency their values will be more secure than in ordinary money.
Governments will soon realise the value of Bitcoin. Bitcoin will become "Golden 2.0" on a global scale. At the very beginning of this process, there may be futile attempts to get rid of cryptocurrency. Some Governments may view BTC and altcoins as a threat. However, the situation will return to normal later.
Bitcoin blockchain is extremely flexible. It, according to the founder of Kraken, is a great tool for international transfers and payments. Therefore, the time when the price of Bitcoin will rise to $1,000,000 is just around the corner.