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Telegram founder Pavel Durov recently shared his take on Bitcoin's future, predicting it could eventually reach $1,000,000. His reasoning? Simple but compelling—governments worldwide keep cranking up the money printing presses with no signs of stopping. Meanwhile, Bitcoin operates on a fundamentally different system where the supply cap is hardcoded at 21 million coins. No central authority can inflate it away.
This perspective highlights the core tension in today's financial landscape: unlimited fiat currency expansion versus fixed-supply digital assets. While $1 million per Bitcoin might sound speculative to some, the underlying logic taps into real concerns about currency devaluation and wealth preservation that drive institutional and retail interest in crypto markets.