Bitcoin Could Hit $1 Million Because ‘Governments Keep Printing Money Like No Tomorrow’, Telegram CEO Says

Telegram CEO Pavel Durov said Bitcoin (CRYPTO: BTC) could reach $1 million, pointing to fiat money printing and the cryptocurrency’s fixed supply as BTC spiked to $116,500 on Wednesday morning.

Durov’s $1M Bitcoin Call

In an interview clip from a podcast with Lex Fridman shared on X, Durov reiterated his long-standing belief in Bitcoin, saying governments “keep printing money like no tomorrow” yet “nobody is printing Bitcoin.”

He added that the fixed issuance makes the asset the “ultimate means of exchange” because it cannot be censored or confiscated.

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Bitcoin Breaks Resistance With Bulls Targeting $130,000

Full story available on Benzinga.com