Tether's Ardoino echoed the sentiment that if bitcoin were to hit $1 million in 90 days, it would likely mean an unusual economic event.
"I'm kind of skeptical about that, because honestly, I wouldn't even hope for that," Ardoino told CNBC in an interview at Paris Blockchain Week, that aired Thursday.
"Because if bitcoin would reach such a high price level, [it] would mean that the entire economy will crumble. I'm not sure [that] is the world that we want to live in."
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