Analyst: BTC will reach $1 million in 10 years or become the reserve currency of the future

ChainCatcher message, Bitcoin on-chain analyst Willy Woo predicts that in the next decade, the value of Bitcoin will easily reach 1 million dollars. The subsequent impact of the top crypto asset reaching such a milestone will be that BTC ultimately becomes a reserve currency. It is expected to witness a "cleaning of central bank corruption," with the adoption of BTC as a reserve currency potentially marking the end of uncontrolled money creation by central banks, which will make wars more expensive. This, in turn, will deter countries from waging wars.

It is reported that Twitter co-founder Jack Dorsey and ARK Invest CEO Cathie Wood also predict that crypto assets will eventually surpass the million-dollar mark.