Telegram Founder Pavel Durov Discusses Cryptocurrency Portfolio and Secure Communication Trends

Pavel Durov, the founder of Telegram, recently shared insights on the cryptocurrency market and the future of secure communication devices in an interview with Tucker Carlson.

Durov emphasized the growing importance of privacy in an era of increased government surveillance. He predicted a rise in demand for secure communication hardware devices, drawing parallels to cryptocurrency hardware wallets.

Highlighting the trend towards enhanced privacy and security, Durov stated, "The world is becoming less tolerant. Governments are becoming less tolerant about privacy."

Addressing concerns about Telegram's independence, Durov clarified his decision to leave Russia, emphasizing his commitment to freedom and autonomy. He dismissed rumors of Telegram's ties to the Russian government as unfounded and attributed them to competitors' anxieties over Telegram's growth.

Durov's Bold Projections: Telegram's Path to One Billion Users and Cryptocurrency Holdings Revelation

Durov expressed confidence in Telegram's continued success, projecting that the platform would reach one billion monthly active users within a year, solidifying its position as a leading social media platform.

Regarding his cryptocurrency holdings, Durov revealed that he holds significant amounts of fiat currency and Bitcoin, totaling hundreds of millions of dollars. He emphasized his preference for digital assets over traditional investments, stating,

"I have had several hundred million dollars in fiat money and Bitcoin in my bank account since 10 years ago."

Durov's disclosure of his cryptocurrency portfolio underscores his belief in the value and potential of digital currencies in the evolving financial landscape.