The ex-head of PayPal named the condition for the growth of Bitcoin to $1.5 million, 2026/01/29 11:52:58

Former CEO of PayPal and current CEO of Lightspark David Marcus called Bitcoin the best way to save savings and made a forecast for the price of the first cryptocurrency for the long term.

Marcus argues that in the modern financial system, the decentralized nature of Bitcoin gives the coin an advantage over gold. Investors invest in BTC to protect their capital from rising inflation, and Bitcoin allows for almost instantaneous and seamless transactions, unlike the precious metal. Bitcoin is “more portable”; large volumes of gold are too difficult to move, Marcus explained his thought.

The head of Lightspark recalled that the purchased cryptocurrency can be controlled and quickly transferred using a 12-word seed phrase, without resorting to the services of intermediary banks. According to Marcus’s calculations, over time, BTC’s market capitalization could become equal to gold, whose capitalization has reached $39 trillion. Then Bitcoin will have a chance to grow to $1.1 million and even $1.5 million sooner or later this will happen, Marcus is sure. However, he did not give specific dates.

Meanwhile, gold continues to rise and set new historical records. Since the beginning of the year, the most expensive precious metal has risen in price by 21.7%, and in 2025 – by 92.18%. Now the value of the asset exceeds $5,600 per troy ounce. Bitcoin, on the contrary, has shown modest growth since the beginning of the year—over the month, the cryptocurrency grew by only 1%. BTC is hovering around $88 000 with a market capitalization of $1.76 trillion.

Previously, Marcus was skeptical about Bitcoin, but over time he changed his mind about the first cryptocurrency. Last year, the ex-head of PayPal suggested that Bitcoin would become the main payment system in the world, which would not be controlled by centralized authorities.