Coinbase CEO Brian Armstrong has made a bold forecast, predicting that Bitcoin (BTC) could reach $1,000,000 by the year 2030.
Speaking at a recent industry event, Armstrong highlighted accelerating institutional adoption, global demand for a non-sovereign store of value, and the rapid rise of Bitcoin ETFs as key drivers of long-term price growth.
Why Armstrong is Bullish on Bitcoin
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Institutional Demand – Spot Bitcoin ETFs are attracting record inflows from pension funds, hedge funds, and major asset managers.
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Macro Trends – Mounting global debt and currency devaluation continue to strengthen Bitcoin’s case as “digital gold.”
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Network Growth – Bitcoin adoption as a payment method and store of value is expanding worldwide.
Armstrong’s Vision
Armstrong compared Bitcoin’s trajectory to that of the internet in the early 2000s, saying:
“We are still in the early innings of Bitcoin adoption. By 2030, I believe Bitcoin could easily surpass $1 million as the world realizes the need for a decentralized, scarce, and censorship-resistant money.”
CentBit Insight
Armstrong’s $1M prediction adds to a growing chorus of ultra-bullish Bitcoin forecasts from high-profile figures like Michael Saylor and Cathie Wood. While skeptics argue volatility and regulation could slow progress, the long-term fundamentals of Bitcoin adoption remain strong, especially with governments, institutions, and individuals all exploring Bitcoin as a hedge against inflation and financial instability.
