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Strike Gold by Sharing Your TradFi Orders and Pictures!
Post on Gate Square and split $10,000 in rewards!
The TradFi Gold Lucky Bag is now live—1g of real gold every 10 minutes. Trade nonstop, win nonstop!
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Details: https://www.gate.com/announcements/article/47889
Can Bitcoin reach $1 million by 2030? How top exchange executives view it
【Crypto World】A senior executive at a leading trading platform recently reiterated his strong confidence in Bitcoin. His reasoning is quite straightforward—the supply of Bitcoin is fixed, and more and more people are adopting it, which determines its long-term scarcity. Based on this judgment, he predicts that by 2030, Bitcoin’s price could surge to the $1 million mark.
The executive also offered a more specific suggestion: in personal asset allocation, Bitcoin should constitute at least 5% or more. The implication is that missing out on this allocation could be quite regrettable in the future.
He also criticized some of the latest legislative actions in the United States. He believes that banking lobbying groups are pushing for rules with strong protectionist tendencies, aiming to stifle industry innovation, especially in the stablecoin sector. In contrast, he defended the 100% reserve model adopted by exchanges—this approach can completely avoid bank runs and provides better security for user assets.