• Ledger co-founder Eric Larchevêque said a US$1 million Bitcoin price would likely reflect severe global economic disruption rather than market success.
• He argued that Bitcoin’s value increases during financial instability, while other industry figures continue to link the target to adoption and scarcity.
• The contrasting views highlight the debate over whether Bitcoin’s long-term growth will be driven by economic distress or mainstream adoption.

Eric Larchevêque, co-founder of Ledger, said Bitcoin (CRYPTO:BTC) reaching US$1 million would likely signal global economic distress driven by war, rising debt and weakening fiat currencies rather than a positive milestone for financial markets.

Speaking on the When Shift Happens podcast,…