Coinbase CEO: Finance ministers of many countries are paying attention to Bitcoin, and it is expected to rise to millions of dollars in the long run

Odaily News Brian Armstrong, CEO of Coinbase, said in an interview that in the long run, the price of Bitcoin will reach millions of dollars. He pointed out that Bitcoin has made great progress so far, and it is expected that more institutional investors will continue to enter the market through ETFs and other means. In particular, they seem to believe that the inauguration of US President Trump, who has a positive attitude towards cryptocurrencies, will be a positive.
Armstrong did not mention a specific amount or when to expect the price of Bitcoin. He also cited factors such as the United States' clear cryptocurrency regulation and the United States' holding of Bitcoin as a strategic reserve.
He also said that if the United States holds Bitcoin, G20 countries will follow suit. Armstrong added that during an interview at the Davos Forum, he talked to finance ministers from many countries and learned that their interest in holding Bitcoin is increasing. (CNBC)