The creator of Twitter, co-founder and CEO of Block said that by 2030 the price of the first cryptocurrency could reach $1 million and even exceed this high level. The entrepreneur is confident that the most interesting aspect is the nature of the Bitcoin ecosystem, and not the cost of the BTC coin.

Jack Dorsey gave an interview to Pirate Wires journalist Mike Solana. The businessman considers the most amazing thing about Bitcoin to be the ability of everyone working with this blockchain to improve the entire ecosystem. This leads to an increase in the cost of digital gold:

“Bitcoin price will reach at least $1 million by 2030 and go beyond that”

Jack Dorsey once again emphasized that Block will allocate 10% of gross profits associated with Bitcoin to purchase new coins until the end of 2024.

The businessman assured that the investigation launched by the US federal prosecutor's office against Block on charges of violations of the law and failure to comply with sanctions will not lead to success, since the company fully complies with all legal requirements.

Previously, Jack Dorsey, in an interview with Bitcoin Magazine, said that BTC could potentially contribute to “world peace” and “energy abundance.”