Brian Armstrong, CEO of Coinbase Global Inc., predicted Wednesday that Bitcoin could hit $1 million by 2030, citing growing regulatory clarity in the U.S.
During an interview with Stripe co-founder John Collison, Armstrong was asked about Bitcoin’s 10-year growth projection.
“The rough idea I have in my head is, we’ll see a million-dollar Bitcoin by 2030, and there’s high error bars around these things,” he responded.
The cryptocurrency mogul attributed his optimism to increased regulatory clarity in the U.S., which he labeled as a “bellwether” for the rest of the G20 nations.
“You have the GENIUS Act passed for stablecoins, but this market structure bill is being debated in the Senate. Fingers crossed something could happen by the end of this year,” Armstrong said.