American investment management company Ark Investment, Bitcoin ( BTC) of the price 2030in the year 1 million dollarsreiterated his claim.
analyst at investment company Yassine Elmandjra, in which the company also invests BTC He defended the claims that the price would be 1 million dollars. Elmandjra, who connects the basis of the allegations to the global economy, stated that this will be better understood in the coming period. According to the investment analyst, cryptocurrencies will take a more active role in the coming years.
Ark Investment Maintains Bitcoin Maximism
The claim that the price of Bitcoin, the pioneer of cryptocurrencies, could be $ 1 million, was first revealed by the company’s fund manager. Katie Wood posed by. Defending Wood’s claims, Elmandjra underlined that as a company, they approach cryptocurrencies with a maximalist perspective. The strong names of the company think that the price of BTC will reach $ 1 million in 2030.
This idea, which was put forward by the company and is still defended, contains a number of reasons behind it. The price of BTC and other risk assets has plummeted over the past few months as the Fed and other central banks have raised interest rates to curb inflation. According to the company, looking at the future use case, people still have a more significant opportunity to invest in BTC.
Elmandjra, said:
When we look at the potential of Bitcoin, we can see it in several uses. These are things like being a digital store of value, having a payment network, having an insurance policy against loss of assets. When you stack each use case, you get an opportunity of about $28 trillion. That means more than a million dollars worth per Bitcoin.
