Former PayPal President David Marcus said he believes bitcoin will eventually trade at $1.5 million.
A $1.5 million bitcoin call
Marcus made the prediction in comments shared on social media, framing the move as inevitable.
He said:
“That’s going to happen.”
Comparing bitcoin to gold
In a separate post, Marcus questioned the case for gold over bitcoin.
He wrote that he does not understand why anyone would want to buy gold rather than bitcoin.
Price debate continues
Marcus’ remarks land amid ongoing debate over bitcoin’s long-term valuation, with executives and market commentators continuing to publish aggressive targets.