Prominent cryptocurrency among the stock exchanges Jesse Powell, CEO of Krakenin a recent interview with Bloomberg of bitcoin He said it has an important place.
The prevailing global political and economic climate of bitcoin Stating that it shows its importance, Powell argued that Bitcoin is still on the rise despite the declines.
Reminding that the Bitcoin price target for the end of 2021 is $100,000, Powell said:
“I am still optimistic about the price of BTC. Many of us thought we were going to exceed $100,000 last year, but you know you can’t predict that.”
Events Increase the Use of Bitcoin!
Kraken CEO The current situation in the world Bitcoin He said he created a suitable environment for it to use.
“What we’re seeing is a lot of reasons people are using Bitcoin.
I mean, inflation is at an all-time high since the ’80s. (this is just the stated inflation) When we go to the supermarkets, we all understand that the inflation is well above 7.5%.
This combined with other things, for example the restrictions on protests (I think fundraising efforts are legitimate) shows that the use case for Bitcoin is getting stronger.
And there is more and more reason to believe that in the long run.”
Powell finally Canadian truck drivers’ Bitcoin donation campaign He stated that Bitcoin solves real-world problems.
“We all know that there is more to Bitcoin price speculation.
Bitcoin actually solves real-world problems of people blocked by the government or central fundraising platforms (like in Canada).
Bitcoin solves real-world problems and gives people direct access to money. I think this is a vote for freedom so Bitcoin is freedom.”
*Not investment advice.