{"id":39885,"date":"2021-03-31T13:36:36","date_gmt":"2021-03-31T10:36:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=39885"},"modified":"2025-08-30T11:42:23","modified_gmt":"2025-08-30T08:42:23","slug":"kraken-ceo-by-2023-bitcoin-will-be-worth-the-price-of-a-bugatti-sports-car","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kraken-ceo-by-2023-bitcoin-will-be-worth-the-price-of-a-bugatti-sports-car\/","title":{"rendered":"Kraken CEO: by 2023 Bitcoin will be worth the price of a Bugatti sports car"},"content":{"rendered":"<p>The head of the cryptocurrency exchange Kraken, Jesse Powell, said that in 2022 one BTC could buy a Lamborghini, and in 2023 a Bugatti sports car.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">When Lambo? Probably by the end of the year, says <a href=\"https:\/\/twitter.com\/jespow?ref_src=twsrc%5Etfw\">@jespow<\/a>.<\/p>\n<p>The CEO and founder of <a href=\"https:\/\/twitter.com\/hashtag\/cryptocurrency?src=hash&#038;ref_src=twsrc%5Etfw\">#cryptocurrency<\/a> exchange Kraken speaks to <a href=\"https:\/\/twitter.com\/emilychangtv?ref_src=twsrc%5Etfw\">@emilychangtv<\/a> and <a href=\"https:\/\/twitter.com\/sonalibasak?ref_src=twsrc%5Etfw\">@sonalibasak<\/a> on how high he thinks <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> can go <a href=\"https:\/\/t.co\/yfkGwDPMBy\">https:\/\/t.co\/yfkGwDPMBy<\/a><\/p>\n<p>More on <a href=\"https:\/\/twitter.com\/crypto?ref_src=twsrc%5Etfw\">@crypto<\/a>: <a href=\"https:\/\/t.co\/NLRE84Up5T\">https:\/\/t.co\/NLRE84Up5T<\/a> <a href=\"https:\/\/t.co\/55ya7epGtu\">pic.twitter.com\/55ya7epGtu<\/a><\/p>\n<p>\u2014 Bloomberg Crypto (@crypto) <a href=\"https:\/\/twitter.com\/crypto\/status\/1377053778080190464?ref_src=twsrc%5Etfw\">March 31, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I believe Bitcoin is easier to measure in such units, because no one knows what will happen to the U.S. dollar. In a year there could be ten times more currency issued, so it is very hard to measure Bitcoin in U.S. dollars,&#8221; Powell explained.<\/p>\n<\/blockquote>\n<p>As noted, the Kraken CEO spoke of the infinite growth potential of the first cryptocurrency and noted extreme signs of weakness in the U.S. dollar. Powell is confident that Bitcoin will reach <a href=\"https:\/\/u1f987.com\/en\/news\/kraken-ceo-bitcoin-could-reach-1-million-within-10-years\">$1 million within 10 years<\/a>.<\/p>\n<p>According to him, prices will soon be measured in digital gold, which will also become the most popular store of wealth.<\/p>\n<p>As noted, popular crypto analyst Willy Woo <a href=\"https:\/\/u1f987.com\/en\/news\/willy-woo-selling-bitcoin-now-is-madness\">called selling Bitcoin &#8216;madness&#8217;<\/a> right now. He had previously predicted the first cryptocurrency <a href=\"https:\/\/u1f987.com\/en\/news\/willy-woo-predicted-bitcoin-to-rise-to-300000-in-2021\">to $300,000<\/a> in 2021.<\/p>\n<p>Senior Bloomberg Intelligence commodity strategist Mike McGlone <a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-strategist-bitcoin-could-reach-400000\">will reach the $400,000 mark<\/a> in 2021.<\/p>\n<p>According to famed trader Tone Vays, Bitcoin is expected to resume growth, <a href=\"https:\/\/u1f987.com\/en\/news\/tone-vays-bitcoin-to-hit-a-new-all-time-high-but-then-faces-a-significant-correction\">updating the all-time high<\/a> and a subsequent significant decline.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The head of the cryptocurrency exchange Kraken, Jesse Powell, said that in 2022 one BTC could buy a Lamborghini, and in 2023 a Bugatti sports car.<\/p>\n","protected":false},"author":1,"featured_media":39886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1138],"class_list":["post-39885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=39885"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39885\/revisions"}],"predecessor-version":[{"id":39887,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39885\/revisions\/39887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/39886"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=39885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=39885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=39885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}