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 Planet Daily News Coinbase CEO Brian Armstrong 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 is positive about cryptocurrencies, will be a positive. Armstrong did not mention a specific amount or arrival time when predicting the price of Bitcoin this time. He also cited factors that the United States will clarify cryptocurrency regulation and that the United States will hold Bitcoin as a strategic reserve. He also said that if the United States holds Bitcoin, G20 countries will follow suit. Armstrong added that in an interview at the Davos Forum, he talked to finance ministers of many countries and learned that their interest in holding Bitcoin is increasing. (CNBC)