Pavel Durov's Long-Term Vision: Confidence in Bitcoin $1 Million
Telegram founder, Pavel Durov, has revealed that he is an early Bitcoin investor with an extraordinary long-term belief in the leading digital currency.
In his acknowledgment, Durov stated that he bought several thousand Bitcoins (#Bitcoin) in 2013, when the price of one coin was only around $700. The investment made over a decade ago is now worth a fantastic amount, considering the appreciation of Bitcoin's price to date.
However, what has captured the market's attention the most is Durov's views on the future:
Price Target: Durov firmly stated his belief that the price of Bitcoin will reach $1,000,000.
Investment Strategy: He emphatically added, "I will not sell it."
This disclosure underscores several important points:
Support from Tech Figures: Open support from influential and visionary tech figures like Durov—who is known for his dedication to privacy and decentralization—provides a strong moral boost to the crypto community.
Maximum HODL Belief: The statement "will not sell" indicates an extreme long-term holding strategy, reflecting the view that Bitcoin is not just a speculative short-term asset, but a revolutionary fundamental asset.
Long-Term Vision: The $1 Million price target reflects the belief that Bitcoin will eventually function as a global digital reserve currency or digital gold, driven by scarcity and increasing institutional adoption.
Overall, Pavel Durov's statement is a strong narrative about the beliefs of early technology developers in Bitcoin's transformative potential.#BTCVSGOLD #BinanceBlockchainWeek #USJobsData #TrumpTariffs #Write2Earn $BTC
