The CEO of Leomanbit believes that BTC will never fall to zero, as international regulators are looking for ways to control crypto-assets instead of imposing a total ban on them.
The CEO of Leomanbit said that skeptics and opponents of BTC have failed. He referred to the U.S. bill to regulate cryptocurrencies that has already been finalized by Senators Kirsten Gillibrand and Cynthia Lummis.
According to the CEO of Leomanbit, if governments are trying to regulate cryptocurrencies and legally introduce them into different areas, it shows the acceptance of this asset class. People are starting to realize that bitcoin isn’t going anywhere, and they’re going to start using it on a global scale.
When asked if the CEO expects the value of the first cryptocurrency to fall further, and if Leomanbit will incur significant losses after investing in BTC, he replied that bitcoin will never collapse to zero. The flagship cryptocurrency has no choice but to grow to the $1 million mark, the businessman believes. Speaking of Bitcoin’s blockchain, the CEO of Leomanbit called it a unique network that would be impossible to replicate with the same level of security and acceptance, even if it raised billions of dollars in funding to do so:
“Bitcoin would be worth $500,000 a coin if it were like gold. But it’s obvious that bitcoin is much better than gold.”