The CEO of the Kraken cryptocurrency exchange Jesse Powell expects Bitcoin to continue to rise. In his opinion, in 2023 it will be possible to buy a Bugatti car for 1 BTC.
Powell recently said that Bitcoin’s growth potential is endless. Now he has stated that it is very difficult to imagine “infinity” and there are other ways to do it. For example, if now you can buy a Tesla 3 electric car for 1 BTC, then next year it will be possible to choose from Lamborghini models, and in 2023 you can also aim at Bugatti supercars.
“In fact, in the cryptocurrency community, such units are even more convenient, because no one knows how much the US dollar will cost. Maybe in a year the authorities will issue ten times more dollars than they currently have on the market, so it is very difficult to evaluate Bitcoin in dollars, ”Powell said.
The Kraken CEO also noted that the current boom in Collectible Token (NFT) is beneficial to the development of the Ethereum ecosystem and is attracting a lot of attention to the second cryptocurrency. And when Ethereum 2.0 is fully launched, the problem with high transaction fees will go away. In addition, the use of ETH for staking reduces the number of coins on the market, which will also lead to an increase in the rate.
Powell also praised the development of the Polkadot blockchain, which launches many tokens and projects, and adds various new features. In his opinion, the future of Polkadot should be bright.
We will remind that earlier the analyst of the Bloomberg publication Mike McGlone predicted the growth of the bitcoin rate to $ 400,000 this year.
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