Laser Eyes on the Future: Bitcoin $100,000

The significance of $100,000 in BTC is largely symbolic. That’s small compared to the maximal infinity price level that would make it successful. While $100,000 is an important milestone worth pausing to recognize, it is merely a checkpoint on Bitcoin’s much longer and greater journey.

Let’s take a moment to remember the early moments of this journey. The year Kraken was founded (2011), Bitcoin’s closing price on December 31 was $4.25. At this level, the value of just one of the 21 million Bitcoins that will ever exist is now up more than 2.3. one million percent For $100,000 BTC.

BTC $100,000 has long been considered the next/seemingly “final” frontier for Bitcoin price. Innovative products and user experiences, as well as laser eyes and dank memes, have accelerated us to this point.

After years of speculation about “a world in which Bitcoin will reach $100,000,” there has been a common sentiment that the $100,000 price level will somehow legitimize a “peer-to-peer electronic cash system.” This will demonstrate the value of a tamper-proof and immutable way of recording information. This will prove that decentralization has its place in modern society.

But now that we are here, it may seem like these goals still have more to achieve. It seems like this is just the beginning. Although we have reached a pricing milestone, Bitcoin is still in the relatively early stages of delivering on Satoshi’s original vision for Bitcoin: a widely used, borderless, global peer-to-peer electronic cash system.

In the short term, it is anyone’s guess whether the price of Bitcoin will continue its upward trend or whether it will retreat from its recent uptrend. What is clear is that the $100,000 milestone demonstrates continued demand for trustworthy, transparent, peer-to-peer trading methods.

$100,000 in BTC represents a monumental milestone in Kraken’s mission to accelerate cryptocurrency adoption so everyone can achieve financial freedom and inclusion. We’d like to congratulate those who built the space with us and played a role in making this achievement a reality.

We also want to congratulate our customers on this watershed moment, as we commit to serving them through the next chapter of Bitcoin history.

Please join us as we celebrate this amazing day as we reflect on the journey that brought us here. At the same time, we reaffirm our commitment to a future of financial freedom.