Michael Saylor, the outspoken co-founder and executive chairman of business intelligence company MicroStrategy, recently expressed his strong belief in the potential of Bitcoin during an 84-minute podcast interview. In the interview, Saylor confidently predicted that the price of Bitcoin would reach $10 million per coin and even suggested that the entire nation of China would rally behind the cryptocurrency.
In the introduction of the video, Saylor boldly proclaimed that “the cost of Bitcoin’s going to go up to 10 million dollars a coin,” showcasing his unwavering confidence in the future value of the digital currency. Throughout the interview, Saylor’s statements were characterized by his typical bombastic style.
Beyond his belief in the future of Bitcoin as the dominant form of currency, Saylor emphasized the societal benefits that the cryptocurrency brings. He described Bitcoin as a corporate immortality machine, offering companies the prospect of everlasting existence. He posed the question, “What if I told you I could make your company live forever?” and argued that Bitcoin has rendered all previous economic systems obsolete.
Saylor argued that companies that invest in Bitcoin are better positioned for longevity compared to those stuck in traditional corporate practices. According to him, embracing Bitcoin ensures that a company can thrive in the future, free from the constraints of outdated business models.
In addition to his grand vision for the role of Bitcoin in corporate immortality, Saylor also made a bold prediction. He confidently stated that the Chinese people and government would eventually embrace Bitcoin. Furthermore, he foresaw a time when a single Bitcoin would achieve a staggering value of $10 million.
Saylor’s perspective on Bitcoin and its potential impact on business and society is certainly unique. As the co-founder of MicroStrategy, his confidence in the cryptocurrency is backed by his own company’s strategic investments. It remains to be seen how the future of Bitcoin will unfold and whether Saylor’s predictions will come to fruition.
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Michael Saylor
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