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RE: Regulations are coming, and that's a good thing!
I agree 1 million sounds a little far fetched but it is not stagnant there is a lot of active development going on with bitcoin and they haven't even implemented any layer 2 solutions yet. Also I think it will be hard for a complete noob coming into the crypto market to buy an altcoin as there first investment. Bitcoin will be king for a while if not forever.