Jack Dorsey predicts Bitcoin’s value will reach ‘a minimum of one million’ by 2030

Twitter co-founder Jack Dorsey has made a bold prediction about the future price of Bitcoin. In an interview with journalist Mike Solana on Pirate Wires, Dorsey stated that he believes Bitcoin could reach a price of at least $1 million by 2030, and even go beyond that figure. Dorsey, who is now the head of financial services firm Block, also discussed his departure from the board of BlueSky, a decentralized Twitter alternative he helped launch in 2019. He expressed dissatisfaction with the direction BlueSky was taking, stating that it was repeating the mistakes of Twitter and not truly decentralized. Dorsey emphasized that the collaborative nature of the Bitcoin ecosystem and its ability to incentivize collective efforts to enhance the network is what makes it truly fascinating. In a note to shareholders, Dorsey also revealed that his firm Block will be reinvesting 10% of its gross profit from Bitcoin-related products back into buying more BTC every month.