bitcoin

MicroStrategy Co-Founder Predicts Bitcoin's Potential to Reach $10 Million Per Coin and China's Full Embrace of Cryptocurrency

The Big Whale

24 Jun 2024 — 1 min read

Michael Saylor predicts Bitcoin will reach $10 million per coin.
Saylor believes Bitcoin offers economic immortality and corporate longevity.
He claims pre-Bitcoin economics is pseudoscience.
Saylor suggests companies investing in Bitcoin will outlast others.
He predicts China will embrace Bitcoin in the future.
Saylor asserts a single Bitcoin will be worth $10 million eventually.

Summary :
Michael Saylor, executive chairman and co-founder of MicroStrategy, expressed his strong belief in the potential of Bitcoin in a recent podcast interview. He claimed that Bitcoin will reach $10 million per coin and that China will fully embrace the cryptocurrency. Saylor sees Bitcoin as a form of corporate immortality, stating that companies investing in Bitcoin will outlast those stuck in traditional corporate practices. He believes that Bitcoin has rendered previous economic theories obsolete and that it holds the key to extending the lifespan of corporations. Saylor also predicts that a single Bitcoin will eventually be worth $10 million.

Sources :

- CoinTelegraph

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