Pavel Durov is back with his prophecies. This time, he is convinced that Bitcoin is destined to hit one million dollars.
The Telegram founder still believes that governments are printing money nonstop, and that cryptocurrency is the only reasonable way to protect one's savings when fiat currencies are turning into paper trash. In an interview with Lex Fridman, he revealed he bought his first Bitcoin back in 2013 for about 700 dollars, and now, he calls it “the most reliable capital.”
Meanwhile, crypto intelligence services have long been looking for ways to pry it from his hands, and Western agencies reportedly sit around dreaming of forcing him to block channels. But for now, everything seems to be working out fine for the entrepreneur: he confidently claims that one day Bitcoin will hit a million dollars. Everyone believes him, “Well, damn—you actually did it.”
But here is the kicker: he says his children will only inherit his fortune after proving they are actually related to him. Because in a world moving this fast, even your legacy needs a security check.
When it comes to Durov, the idea of Bitcoin hitting a million dollars has shifted from fantasy to something of a religion. Moreover, his faith is a rock-solid argument for investors.