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Bitcoin (BTC) will be worth "infinity" and humanity will soon give up pricing it in U.S. dollars, says the CEO of cryptocurrency exchange Kraken.

Speaking to Bloomberg on March 4, Jesse Powell was characteristically bullish on Bitcoin as BTC/USD broke above $50,000. "Of course, you know, we can only speculate, but when we measure it in terms of dollars, you have to think it's going to infinity," he told Bloomberg TV about future price trajectory.

"I think in the near term, people see it surpassing gold as a store of value, so I think $1 million as a price target within the next ten years is pretty reasonable."

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