{"id":99401,"date":"2025-09-24T16:40:16","date_gmt":"2025-09-24T16:40:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=99401"},"modified":"2025-09-24T16:40:16","modified_gmt":"2025-09-24T16:40:16","slug":"coinbase-ceo-says-bitcoin-could-hit-1-million-by-2030-if-banks-dont-get-in-the-way","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=99401","title":{"rendered":"Coinbase CEO Says Bitcoin Could Hit $1 Million by 2030 \u2014 If Banks Don\u2019t Get in the Way"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Coinbase CEO Says Bitcoin Could Hit $1 Million by 2030 \u2014 If Banks Don\u2019t Get in the Way<\/a><\/p>\n

<\/div>\n

Coinbase CEO Brian Armstrong believes Bitcoin could reach $1 million per coin by the end of this decade \u2014 but only if policymakers hold the line against bank lobbyists trying to choke the industry.<\/p>\n

\u201cI think Bitcoin could reach $1M by ~2030 based on current conditions and progress,\u201d Armstrong posted<\/a> this week along with an interview on Fox Business<\/em>.\u00a0<\/p>\n

Armstrong pointed to regulatory clarity, U.S. government Bitcoin reserves, and ETF adoption as key drivers of demand.<\/p>\n

His optimism comes as Congress works with<\/a> two major pieces of crypto legislation: the Genius Act<\/a>, providing rules for stablecoins was signed into law earlier this year, and the broader Clarity Act, which establishes market structure<\/a> for all non-stablecoin assets.\u00a0<\/p>\n

Armstrong, who has been roaming Capitol Hill to advocate for the measures, called the legislation \u201chistoric\u201d and credited President Donald Trump and Sen. Bill Hagerty (R-TN) for pushing the U.S. toward becoming<\/a> the \u201ccrypto capital of the world.\u201d<\/p>\n

Crypto exchanges as a \u2018bank replacement\u2019<\/strong><\/h2>\n

But he warned that big banks are already trying to derail progress. Their latest target: banning rewards programs tied to stablecoins and bitcoin, which threaten the lucrative credit card rewards industry.<\/p>\n

\u201cEvery company should be able to have reward programs, just like credit card points or airline miles,\u201d Armstrong said<\/a> on Fox Business<\/em>. \u201cFor [the banks] to come in and try to ban that in the crypto industry is them trying to block their competition, I think most members of the Senate are not going to do a big bailout for the banks.\u201d\u00a0<\/p>\n

The fight goes deeper than perks. For Armstrong, the debate over rewards exposes the larger conflict between legacy financial institutions and open, crypto-powered rails.\u00a0<\/p>\n

Banks rely on closed networks and swipe fees; stablecoins and bitcoin payments offer instant settlement and cheaper costs. Allowing crypto rewards is a step toward normalizing an alternative financial infrastructure \u2014 one that doesn\u2019t run through the big banks.<\/p>\n

That, Armstrong argues, is precisely why Wall Street is lobbying so hard. But Armstrong sees the shift as inevitable.\u00a0<\/p>\n

Coinbase itself has ambitions to be more than an exchange. Armstrong described the company as building a \u201csuper app\u201d to replace legacy banks, offering trading, custody, payments, savings, and bitcoin-denominated rewards.\u00a0<\/p>\n

\u201cUltimately we want to be a bank replacement for people. We want to be people\u2019s primary financial account,\u201d he said.<\/p>\n

This post Coinbase CEO Says Bitcoin Could Hit $1 Million by 2030 \u2014 If Banks Don\u2019t Get in the Way<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Coinbase CEO Says Bitcoin Could Hit $1 Million by 2030 \u2014 If Banks Don\u2019t Get in the Way Coinbase CEO Brian Armstrong believes Bitcoin could reach $1 million per coin by the end of this decade \u2014 but only if policymakers hold the line against bank lobbyists trying to choke the industry. \u201cI […]<\/p>\n","protected":false},"author":0,"featured_media":99402,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-99401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/99401"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=99401"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/99401\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/99402"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=99401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=99401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=99401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}