Cobo Shenyu: Bitcoin reaching $1.5 million is still conservative

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Cointime2024/04/09 04:58

By:Cointime

During today's 2024 Hong Kong Web3 Carnival roundtable discussion, Orange Book founder Li Yang, Bixin Group founder Starry Sky, Cobo co-founder and CEO Fish, Nervos CKB architect Jan Xie, and New Fire Technology CEO Du Jun discussed the theme of "Bitcoin 15 Years". On the opening day, ARK Invest CEO and Chief Investment Officer Cathie Wood boldly predicted that Bitcoin would reach $1.5 million by 2030. In response, Fish said, "I think $1.5 million is still a bit conservative. $1.5 million is definitely achievable, but it may take another cycle or two. Large financial institutions, small central banks, and sovereign funds are all starting to enter the market as core players. In addition, in my opinion, the core issues of blockchain have been solved, and it will usher in a massive outbreak of applications in one or two cycles. At that stage, there will be no problem for Bitcoin to reach $1.5 million, and there may even be a broader future with several times the space."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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The Block•2025/02/02 17:11