The former CEO of Twitter and current CEO of Block, Jack Dorsey, has made a bold prediction regarding the future price of Bitcoin. In a recent interview, Dorsey stated that he believes Bitcoin could reach a price of “at least $1 million” by the year 2030. This forecast is based on his bullish outlook on the collaborative Bitcoin ecosystem, which he believes will continue to drive the price of the cryptocurrency higher.
Dorsey’s prediction aligns with other prominent figures in the financial world, such as Cathie Wood, who see Bitcoin as a valuable asset that could reach new heights as institutional investors embrace it as “digital gold.” Dorsey also emphasized the censorship-resistant qualities of Bitcoin, highlighting its importance beyond just its price.
Since stepping down from Twitter and focusing more on Bitcoin-related initiatives, Dorsey has been actively involved in promoting the cryptocurrency. His company, Block, is dedicating a portion of its revenue to acquiring more Bitcoin, further demonstrating his commitment to the digital asset.
Additionally, Dorsey has been supporting Nostr, a decentralized social media protocol, by donating millions to the project. He believes that truly decentralized networks like Bitcoin and Nostr are essential for maintaining freedom and openness in the digital world.
Overall, Dorsey’s prediction of a million-dollar Bitcoin reflects his belief in the cryptocurrency’s potential to revolutionize the global financial system through decentralization and cryptography. As one of Bitcoin’s most influential advocates, Dorsey’s forecast has sparked discussions about the future of the digital asset and its role in shaping the financial landscape.
