MicroStrategy CEO Michael Saylor thinks that Bitcoin’s finest years are yet to come. In his viewpoint, the cryptocurrency will cost as much as $ 5 million
Bitcoin Will cost $ 5 million
In a new interview with FamilyOffice, Saylor stated Bitcoin might increase to $ 5 million per unit.
– I imagine Bitcoin will reach one million [USD]. I believe it will hit $ 5 million … And that’s because if it just replaced all the indices as money with a money index, why wouldn’t it reach a market cap of $ 100 trillion or something like that? – He said.
Saylor, of which MicroStrategy presently owns 91,326 Bitcoins, also thinks the cryptocurrency is an expression of financier disobedience today. The factor is the sharp rise in the money supply, which is now being tape-recorded all over the world. Contributed to this is the adoption of blockchain.
– Never in my life have I seen anything that would be such a vivid signal. You have a problem – money is not associated with quality today. However, you have solid money developed. You have a dominant network – he pointed out the factors that make BTC more important.
As he added, the BTC exchange rate has been growing by an average of 200 percent for years. each year.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.