@chieftains
Sebastian Serrano, CEO of Ripio, one of the largest Argentina-based cryptocurrency exchanges, has predicted that Bitcoin will reach $1 million by 2030. Serrano believes that the current geopolitical and economic circumstances will help bitcoin to keep its upward trajectory.
While this prediction entails a price increase of over 1,300% in the next 6 years, Serrano believes a particular scenario might create the conditions for this possible future to unfold. Ripio’s CEO predicts that the U.S. will keep increasing its public debt whether Harris or Trump wins the upcoming elections, as the victor will be forced to maintain the current level of spending. Nonetheless, he also acknowledges that bitcoin prices will face a correction if Harris clenches the victory, at least in 2024.
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