“We’ll See $1 Million Per Bitcoin By 2030,” Says Coinbase CEO Brian Armstrong

Coinbase CEO Brian Armstrong says Bitcoin could hit $1 million by 2030 as he cites US regulation, institutional demand and shrinking risks.

While on the ‘Cheeky Pint’ Podcast on 20 August 2025, Armstrong said, “The rough idea I have in my head is, we’ll see a million dollar Bitcoin by 2030 and there’s high error bars around these things. To give you a couple of data points -we’re starting to see regulatory clarity emerge in the US, which I think is a bellwether for the rest of the G20. You have The GENIUS Act passed for stablecoins. This market structure bill is being debated in the Senate – fingers crossed something could happen by the end of this year.”

According to the Coinbase CEO, eventually as stocks get tokenized and people will want to get a loan, they’ll use crypto without even really knowing it. “It’s like they may not know how electricity works, but they can turn on a light switch,” he said.

While Jack Dorsey and Cathie Wood have both floated $1 million or higher by 2030, market voices including Anthony Scaramucci suggested shorter-term upside into the $180,000-$200,000 range within months.

I think we'll see $1M per bitcoin by 2030.

Regulatory clarity is finally emerging, the US government is keeping a BTC reserve, there's a growing interest for crypto ETFs, among many other factors.

(Not financial advice of course, it's impossible to guarantee) pic.twitter.com/w5EfcYFvVp

— Brian Armstrong (@brian_armstrong) August 20, 2025

Armstrong’s call comes as Bitcoin trades near record territory. BTC recently set new all-time highs above $124,000 before returning to the mid-$110,000s.

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“Bitcoin Will Eventually Be Bigger Than Gold”

“Bitcoin has a store of value that’s inflation-resistant,” said Armstrong. “It’s not to be underestimated. That’s also a $20 trillion opportunity with gold as a comparable—but better than gold.”

Armstrong insisted that Bitcoin will “eventually be bigger than gold.”

“If that’s all crypto ever was, that’s already enormous,” he said. “But we’re starting to see borrowing and lending, capital formation.”

Armstrong also highlighted a sovereign engagement and a US Strategic Bitcoin Reserve as signs that existential risks to Bitcoin are receding.

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“Congress is really good at doing two things – nothing and overreacting in moments of crisis”

After trying to make progress in DC and after trying to advocate for legislation, Armstrong said he realized that “it’s kind of rare for Congress to act.”

“We realized that a certain point we had to generate a political will to do this and we had 50 million people in the US who had used crypto. We said, “Let’s try to get them organized.”

We got 2 million of these folks in the US to raise their hand and say they wanted to elect pro-crypto candidates. I remember I was talking to our policy team and I said, “let’s put a scorecard A to F of every politician in this upcoming election ( last November.)”

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Key Takeaways

Armstrong’s call isn’t an outlier anymore—but it still depends on a sequence of policy, market, and macro developments breaking in Bitcoin’s favor over the next five years.

For now, the signal is clear: more blue-chip voices are publicly anchoring decade-end scenarios in the seven figures, and they see 2025’s regulatory milestones as an inflection point for the asset’s next phase.