
Shocking! I had no idea Telegram and Bitcoin were so closely connected! Telegram’s founder, Pavel Durov, revealed in a recent interview that he began purchasing thousands of bitcoins in 2013 at $700 per coin. His current luxurious lifestyle—mansion, yacht, private jet—has been made possible entirely by the appreciation of Bitcoin. Meanwhile, Telegram, which he also launched in 2013, has operated at a loss ever since. Without Bitcoin’s sustained appreciation over the past decade-plus, Telegram would likely have failed long ago. The very timing of Telegram’s creation is deeply tied to Bitcoin—both are built on peer-to-peer principles: one as a payment system, the other as a communication network. Finally, Durov shared his outlook on Bitcoin’s future price, asserting that it will inevitably reach $1 million per coin. His reasoning is simple: governments are printing money recklessly, as if there’s no tomorrow—but no one can print Bitcoin. That’s what makes it uniquely valuable!
