Coinbase CEO Brian Armstrong has made a bold prediction that Bitcoin could reach $1 million by 2030. The Coinbase executive shared this idea in a recent Cheeky Pint interview, sparking significant discussion in the crypto community.
According to Armstrong, several factors could drive the growth of BTC to $1 million in the next five years. Still, the most standout drivers would be institutions adopting Bitcoin and possible support from the U.S. government.
Coinbase CEO Makes Bitcoin Prediction
Armstrong believes that if the U.S. provides clear regulations and creates a national reserve of Bitcoin, it will help BTC become a recognized financial asset. He argues that these steps would change the way global finance operates. Armstrong is seen as a leader in the crypto field because of his broad experience.
Robert Kiyosaki, the renowned author of the bestselling “Rich Dad Poor Dad” personal finance book, recently shared a similar optimistic prediction for Bitcoin. In an update, the American businessman and author predicted that the value of BTC could reach $1 million by 2030.
Crypto enthusiasts on X applauded Armstrong’s optimistic view, with many pouring in supportive comments. One user, @ParadoxUnboxed, commented, “I think you’re right. More adoption, increasing worldwide exposure and acceptance, education, passive inflows, sound money properties”.
Regulatory Support Fuels Optimism
Armstrong’s views show that big investors are becoming more interested in Bitcoin, with newer ones joining the race. This increased interest, he notes, is highlighted by the GENIUS Act, which became law in July this year. The CEO highlights that laws like the Stablecoin Act and the Clarity Act could provide a clear regulatory framework.
He also mentions that with President Trump signing the U.S. Bitcoin reserve into law, both national and global use of Bitcoin, especially in G20 countries, is increasing its value in the overall economy. However, despite this bullish forecast, the crypto market remains notoriously volatile.
Meanwhile, some leading proponents in the crypto space still believe in the long-term growth of Bitcoin. The recent aggressive purchases by institutional investors like Strategy and Metaplanet, who hold 629,376 BTC and 18,888 BTC, respectively, have further lent support to Armstrong’s view.
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