Bitcoin at $1 million? One CEO says it could happen within 10 years

While Bitcoin is off its recent highs lately, the chief executive of one cryptocurrency trading exchange says he expects the digital currency to hit the $1 million mark within the next decade. Jesse Powell, who heads San Francisco–based Kraken, made the remarks in an interview with Bloomberg Thursday morning. “In the near term, people see it surpassing gold as a store of value, so I think a million dollars as a price target within the next 10 years is very reasonable,” he said.

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