From Telegram to Bitcoin ๐ โ Durov Eyes $1 Million BTC
On the Lex Fridman Podcast, Telegram CEO Pavel Durov shared his bold long-term prediction for Bitcoin: โI believe it will reach $1 million.โ
When asked why he continues to buy BTC, Durov pointed to its early promise and monetary design. He revealed he bought his first Bitcoins in 2013 at around $700 each, holding through dips to $300, saying: โI donโt care. I wonโt sell. This is my belief.โ
For Durov, Bitcoinโs censorship resistance and fixed supply make it special: โNobody can take your Bitcoin. No one can censor you. Governments print money nonstop. No one prints Bitcoin.โ
Interestingly, Bitcoinโnot Telegram revenuesโhas funded his lifestyle. โI lose money on Telegram. Bitcoin helped me survive,โ he admitted, noting that his long-term view hasnโt changed in over a decade.
Telegramโs push into crypto also gives context to his $1M prediction. The company has integrated TON ecosystem features, including Toncoin-based ad payments, revenue sharing, and in-app wallet mini-apps enabling transfers and payments in the US as of July 2025. Worldwide wallet activations hit nine-figure numbers in 2024, signaling a growing on-chain payment network.
Durovโs $1 million BTC thesis relies on supply discipline and fiat debasement, not short-term market trends.
#MarketUptober #CryptoETFMonth #BTCPriceVolatilityNow
$BTC
On the Lex Fridman Podcast, Telegram CEO Pavel Durov shared his bold long-term prediction for Bitcoin: โI believe it will reach $1 million.โ
When asked why he continues to buy BTC, Durov pointed to its early promise and monetary design. He revealed he bought his first Bitcoins in 2013 at around $700 each, holding through dips to $300, saying: โI donโt care. I wonโt sell. This is my belief.โ
For Durov, Bitcoinโs censorship resistance and fixed supply make it special: โNobody can take your Bitcoin. No one can censor you. Governments print money nonstop. No one prints Bitcoin.โ
Interestingly, Bitcoinโnot Telegram revenuesโhas funded his lifestyle. โI lose money on Telegram. Bitcoin helped me survive,โ he admitted, noting that his long-term view hasnโt changed in over a decade.
Telegramโs push into crypto also gives context to his $1M prediction. The company has integrated TON ecosystem features, including Toncoin-based ad payments, revenue sharing, and in-app wallet mini-apps enabling transfers and payments in the US as of July 2025. Worldwide wallet activations hit nine-figure numbers in 2024, signaling a growing on-chain payment network.
Durovโs $1 million BTC thesis relies on supply discipline and fiat debasement, not short-term market trends.
#MarketUptober #CryptoETFMonth #BTCPriceVolatilityNow
$BTC
