Michael Saylor, the outspoken executive chairman and co-founder of business intelligence company MicroStrategy, recently expressed his enthusiasm for Bitcoin in a lengthy podcast interview. In the interview, Saylor boldly claimed that the price of Bitcoin will reach $10 million per coin and that China will fully embrace the cryptocurrency.
The video introduction showcases Saylor’s confident statement, “the cost of Bitcoin’s going to go up to ten million dollars a coin,” alongside his usual bombastic quotes. The main takeaway from Saylor’s remarks is his belief that Bitcoin holds the key to the future of money and acts as a form of corporate immortality.
Saylor presented this concept with a thought-provoking question: “what if I told you I could make your company live forever?” According to him, the introduction of Bitcoin has rendered all previous economic systems obsolete.
The crux of Saylor’s argument centers around the idea that companies that invest in Bitcoin will outlast those that remain entrenched in outdated corporate practices. He believes that these Bitcoin-invested companies will have a longer lifespan and avoid the pitfalls of traditional corporate stagnation.
Saylor not only expressed confidence in Bitcoin’s potential but also predicted that the Chinese people and government will fully embrace the cryptocurrency. Additionally, he foresees a future where a single Bitcoin will be valued at $10 million.
Source:
Michael Saylor
.
Related:
MicroStrategy completes $800M note offering to buy more Bitcoin