Bitcoin has achieved notable highs, driven by factors such as the introduction of spot Bitcoin ETFs and government support under President Trump. Predictions suggest that reaching $1 million per Bitcoin is possible, largely due to limited supply, increased institutional investment, and a significant rise in global crypto adoption. Prominent figures like Cathie Wood and Michael Saylor believe in this potential, citing necessary conditions like heightened institutional investment and global acceptance. However, latecomers to the market might suffer, exacerbating financial inequality as early investors stand to gain disproportionately. Bitcoin's future is also threatened by potential quantum computing risks that could undermine its security unless post-quantum cryptography solutions are implemented. Achieving the $1 million mark might seem feasible, but concerns about reliance on speculation and the impact of technological vulnerabilities linger.

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