Bitcoin pioneer Adam Back: Bitcoin will reach $1 million by 2028

Odaily Planet Daily News: Cryptopunk pioneer and Blockstream co-founder Adam Back said on a CNBC program that he personally bets Bitcoin will reach $1 million by 2028. Adam Back pointed out that Bitcoin still has about 95% untapped adoption potential, with large capital pools such as pension funds and mutual funds yet to be significantly allocated to Bitcoin. He believes that as institutional adoption continues to rise, Bitcoin's price floor will remain on a long-term upward trend.