The CEO of the Kraken exchange Jesse Powell said that the potential of bitcoin is incredible and the rate of the first cryptocurrency will “fly into the skies.”
In an interview with Bloomberg, Powell said that soon people will start measuring prices in bitcoins, and in the future even planets and entire solar systems can be bought for BTC.
“Of course, these are all just assumptions, but if you count in dollars, then the growth potential of the bitcoin rate is endless. I think that in the near future, Bitcoin will become the most popular means of storing wealth, and gold will fade into the background. So I think that the $ 1 million price tag could be an attainable and even reasonable target within ten years, ”Powell said.
Recall that during the cryptocurrency market on February 23, the ETH rate on the Kraken exchange fell to $ 700, while on other exchanges the decline was only to $ 1,400. The site’s management decided to compensate traders for part of the losses.
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