Twitter co-founder Jack Dorsey says the price of Bitcoin could reach a price of at least $1 million by the year 2030, adding that its value could grow even further from that point onward.
Dorsey — now the head of the financial services firm Block — noted that Bitcoin’s price isn’t actually the most interesting aspect of Bitcoin and instead pointed to the collaborative nature of the ecosystem and the way it incentivizes collective efforts to enhance the network.
“The most amazing thing about Bitcoin, apart from the founding story, is anyone who works on it, or gets paid in it, or buys it for themselves — everyone who puts any effort in to make it better — is making the entire ecosystem better, which makes the price go up.”
“It’s a fascinating ecosystem and movement, more than anything else,” he said before adding, “It taught me a lot.”