Blockstream CEO Adam Back, one of the early pioneers of cryptocurrencies, is so confident that Bitcoin will reach an all-time high of over $100,000 before its halving in 2024 that he is willing to place a $1 million bet on it .
In a conversation on X on Aug. 7, Back agreed to bet with pseudonymous X user @Vikingobbitcoin that Bitcoin would hit $100,000 by March 31, 2024. However, Vikingobbitcoin stated that he believes this will not happen until 2025.