Michael Saylor, the well-known advocate for Bitcoin and founder of MicroStrategy, has recently made a stunning prediction about the future of BTC. During a podcast with Robin Seyr, Saylor boldly forecasted that Bitcoin’s value would skyrocket to $10 million, while also asserting that China would become a major supporter of the cryptocurrency.
In his fervent endorsement of Bitcoin, Saylor emphasized its status as a flawless and enduring form of currency, contrasting it with what he called “imperfect money” that leads to economic hardship. He argued that Bitcoin’s decentralized nature and limited supply position it as the perfect currency, capable of revolutionizing the global financial landscape. Saylor went as far as to declare that the emergence of Bitcoin had rendered all previous economic systems obsolete, dismissing traditional economics as “pseudoscience before Satoshi”, in reference to the mysterious creator of Bitcoin.
Despite China’s current strict regulations on Bitcoin, Saylor remained resolute in his belief that both the Chinese government and its citizens would ultimately embrace the cryptocurrency. He predicted that as institutional adoption of Bitcoin increased, its value would surge to $10 million, solidifying its position as a long-term investment.
Furthermore, Saylor contended that Bitcoin not only offers a means of payment, but also serves as a tool for achieving “corporate immortality”. He suggested that companies investing in Bitcoin could outlast those adhering to traditional financial practices, ultimately positioning themselves for long-term sustainability.
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