Brian Armstrong’s Bold Prediction: Bitcoin to Reach $1 Million by 2030

Brian Armstrong, the CEO of Coinbase, has made a striking forecast: Bitcoin could reach $1 million by 2030. He believes the world’s first cryptocurrency is on the verge of massive growth, driven by several key factors that could propel its value to unprecedented heights.

The Regulatory Catalyst: How US Policy Could Boost Bitcoin

Armstrong points to US regulatory developments as a potential game-changer. The establishment of clear and supportive cryptocurrency regulations could create a stable framework, attracting massive institutional capital and legitimizing Bitcoin in the eyes of traditional finance. This clarity is seen as a critical inflection point for mainstream adoption.

National Reserves: The Game-Changer for Bitcoin Adoption

A particularly compelling argument involves national treasuries. Armstrong suggests that if the United States were to create a strategic crypto reserve in Bitcoin, it would trigger a domino effect. Other G20 nations would likely follow suit to maintain competitive balance, leading to unprecedented demand from sovereign wealth funds.

Institutional Adoption: The Untapped Wave of Capital

According to Armstrong, many major institutional players are still on the sidelines. A significant portion of hedge funds, pension funds, and asset managers have yet to enter the Bitcoin market. Their eventual large-scale entry represents a vast, untapped source of capital that could dramatically drive up the price as allocation to crypto becomes standard practice.

Beyond Volatility: Bitcoin’s Path to a Store of Value

Despite short-term price fluctuations, Armstrong emphasizes the strengthening long-term trend. He argues that Bitcoin is gradually shedding its image as a purely speculative asset and is solidifying its role as a modern digital store of value, akin to “digital gold.” This fundamental shift in perception is central to his ultra-bullish long-term outlook.