David Marcus, former president of PayPal and current CEO of Lightspark, stated that if Bitcoin's value equaled that of gold, its price could soar to $1.3 million. Marcus emphasized Bitcoin's superior store of value and noted that its payment utility is not yet reflected in its price. Both gold and Bitcoin have recently reached record highs, influenced by the ongoing US government shutdown and anticipated interest rate cuts.
Former PayPal President Predicts Bitcoin Could Reach $1.3 Million
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