{"id":224618,"date":"2022-03-27T16:30:01","date_gmt":"2022-03-27T11:00:01","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=224618"},"modified":"2022-03-27T20:51:47","modified_gmt":"2022-03-27T15:21:47","slug":"bitcoin-to-10m-doesnt-sound-too-remote-for-these-execs","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bitcoin-to-10m-doesnt-sound-too-remote-for-these-execs\/","title":{"rendered":"Bitcoin to $10M doesn’t sound too remote for these execs…"},"content":{"rendered":"

Market experts are in a frenzy right now with the BTC bulls in full swing. This has been the case, especially after 17 March, with the king coin finally able to hold a position above $40,000.<\/p>\n

Interestingly, despite its recent price action, many BTC maximalists continue to dream of Bitcoin hitting the $100k-level. To that end, during a recent podcast<\/a>, an enthusiastic panel of blockchain intellectuals discussed if it is possible for Bitcoin to hit the $10 million mark anytime soon.<\/p>\n

Among the panelists was the CEO of MicroStrategy Michael Saylor. He opined that the present circumstances were, in a way, favoring Bitcoin to prosper in the world economy.<\/p>\n

What the experts say<\/h4>\n

Referring to his latest interview<\/a> with CNBC, Saylor claimed,<\/p>\n

“You have Andrew who represents the mainstream media stating I can\u2019t get through an interview without talking about Bitcoin\u2026. Then you have Andrew saying a nation-state has considered adopting Bitcoin for payments \u2026. When she (Secretary Janet Yellen) says lots of Americans have this as part of their investment strategy.”<\/p><\/blockquote>\n

In this context, it is important to note that two or three years ago, “country adoption” of Bitcoin would have been a laughable topic. Fast forward to 2022, and this concept is being thought of by various governments and financial institutions.<\/p>\n

This can be best evidenced by Russian lawmaker Pavel Zavalny suggesting<\/a> that “friendly nations” such as China and Turkey can make payments in Bitcoin.<\/p>\n

Anthony Scaramucci, Founder of Skybridge was also on the panel. For his part, he shared an ambitious prediction by claiming,<\/p>\n

“The 2024 final two presidential candidates will be pro-crypto, pro-blockchain.”<\/p><\/blockquote>\n

That’s not all, however, with MicroStrategy’s exec going on to concede to the apprehensions Bitcoin has been facing.<\/p>\n

\u201cI think we can all agree that there\u2019s this natural resistance to extraordinary disruptive change in the human civilization and there always has been\u2026.\u201d<\/p><\/blockquote>\n

Finally, it’s worth pointing out that for maximalists, including the aforementioned panelists, growing awareness of cryptos and blockchain remains key. Ergo, the likelihood of Bitcoin appreciating to $10M might not be as remote a possibility as it is for some people.<\/p>\n","protected":false},"excerpt":{"rendered":"

Market experts are in a frenzy right now with the BTC bulls in full swing. This has been the case, especially after 17 March, with the king coin finally able to hold a position above $40,000. Interestingly, despite its recent price action, many BTC maximalists continue to dream of Bitcoin hitting the $100k-level. To thatContinue reading “Bitcoin to $10M doesn’t sound too remote for these execs…”<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":224622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,360,66,3,4,20],"tags":[],"class_list":["post-224618","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-btc-trading-view","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nBitcoin to $10M doesn't sound too remote for these execs... - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Market experts are in a frenzy right now with the BTC bulls in full swing. 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