Michael Saylor, the outspoken executive chairman and co-founder of the business intelligence company MicroStrategy, recently expressed his strong belief in the value of Bitcoin. In an 84-minute podcast interview, Saylor confidently claimed that Bitcoin will reach an astonishing price of $10 million per coin and even suggested that the entire nation of China will support the cryptocurrency.
In the introduction of the video, Saylor’s bold statement, “the cost of Bitcoin’s going to go up to ten million dollars a coin,” is accompanied by his usual bombastic quotes. The main message conveyed by Saylor, besides his conviction that Bitcoin is the future of money, is that Bitcoin acts as a form of corporate immortality.
Saylor presents this concept by posing the question, “what if I told you I could make your company live forever?” According to him, the introduction of Bitcoin has rendered everything that came before it in the realm of economics obsolete. He believes that companies that invest in Bitcoin are better positioned to endure the test of time compared to those that cling to outdated corporate practices.
Saylor not only predicts that the Chinese people and government will embrace Bitcoin but also foresees a future where a single Bitcoin will be valued at $10 million. While he doesn’t provide detailed explanations for how this will come to pass, Saylor’s confidence suggests that he has a firm grasp on the subject.
Overall, Saylor’s views on Bitcoin are bold and unconventional. His assertion that Bitcoin will revolutionize the corporate landscape and bring about corporate immortality is certainly thought-provoking. Whether or not his predictions will come true remains to be seen, but his unwavering belief in Bitcoin’s potential is undeniable.
Source: Michael Saylor