The CEO of popular cryptocurrency trading platform Kraken has reaffirmed he believes the price of bitcoin will hit $1 million in the next few years over monetary policy that has been seeing the supply of circulating fiat currency.
During an interview on the H3 podcast, Powell answered some questions about bitcoin’s environmental impact, the cryptocurrency’s role in the financial system, and more. He revealed that when BTC was trading at $1, he made a mistake, investing $100,000 in mining equipment instead of investing in BTC itself.