Telegram Founder Pavel Durov Predicts Bitcoin Will Soar Past $1 Million

Updated

October 2, 2025

Gambar Telegram Founder Pavel Durov Predicts Bitcoin Will Soar Past $1 Million

Jakarta, Pintu News – Pavel Durov, billionaire and founder of Telegram, has projected a great future for Bitcoin . In an interview on Lex Fridman’s podcast, Durov expressed his belief that the price of Bitcoin will one day reach $1 million per coin. This bold prediction stems from his faith in the digital asset that he has held for over a decade.

Durov revealed that he has been a strong supporter of Bitcoin since its inception. In 2013, he bought a few thousand BTC at around $700 per coin, investing millions of dollars. Although the price had plummeted to below $200, he held on and refused to sell his holdings.

Many people laughed at his move, but Durov insists that his long-term belief in Bitcoin has never wavered.

“No one can confiscate your Bitcoin. No one can censor you for political reasons. This is how money should work,” he said.

Why does Durov Believe Bitcoin will Break $1 Million?

For Pavel Durov, Bitcoin’s fixed supply makes it very different from government-issued money. With only 21 million coins that will ever exist, he believes that growing demand will eventually drive the price up dramatically.

“The government prints money like it’s endless. But no one can print Bitcoin,” he said. “I believe there will come a time when the price of Bitcoin is worth $1 million.”

Durov’s prediction is in line with the views of many crypto advocates who see Bitcoin as a hedge against global inflation and political instability.

Apart from Durov, a number of influential figures in the crypto and financial world have also voiced similar projections. They include Arthur Hayes (co-founder of BitMEX), Brian Armstrong (CEO of Coinbase), Eric Trump (son of US President Donald Trump), and Cameron and Tyler Winklevoss (co-founders of Gemini).

Bitcoin as Durov’s Life Support

Many thought that Pavel Durov’s lavish lifestyle was financed by Telegram. However, the entrepreneur insists that the messaging app has been a personally costly project for him. He admits that it is crypto assets that sustain his life, from renting luxury residences to traveling on private jets.

“Bitcoin is the reason I’m still around,” Durov said, refuting the notion that he’s profiting from Telegram.

TON: Parallel Blockchain Vision

In addition to Bitcoin, Durov also highlighted the development of the Telegram Open Network . The project was initially developed by Telegram in 2018-2019 to overcome the scalability limitations of Bitcoin and Ethereum . However, its launch was blocked by US regulators and Telegram was forced to withdraw.

Now renamed The Open Network, the project has become an important part of the Telegram ecosystem. TON supports NFT trading and decentralized applications, with its native cryptocurrency, Toncoin (TON), making it to the ranks of tokens with the highest trading activity.

Although Toncoin’s price briefly touched $8.25 in mid-2024 before dropping more than 67%, Durov still calls the project a huge success, especially in driving NFT adoption.

Traces of Law in the Past

Pavel Durov’s statement comes a year after he was arrested in France on charges of facilitating criminal activity through Telegram. Despite the legal case tarnishing his public image, Durov has continued to emphasize the neutrality of his platform and his personal belief in decentralized technology.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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