search
Homeweb3.0Michael Saylor Predicts Bitcoin Will Hit $13 Million in 21 Years, a Vision That Divides the Crypto Community

In recent weeks, Michael Saylor, CEO of MicroStrategy and a staunch supporter of Bitcoin, has made waves with a bold prediction.

Michael Saylor Predicts Bitcoin Will Hit  Million in 21 Years, a Vision That Divides the Crypto Community

Fresh from an interview on CNBC a few days back, Michael Saylor, CEO of MicroStrategy and a staunch supporter of Bitcoin, has once again made waves with a bold prediction. In his characteristically optimistic style, Saylor asserted that “Bitcoin could reach 13 million dollars in 21 years.” An announcement that has certainly sparked reactions, both for its ambition and the outlook it projects on the global economy.

To justify this prediction, he explained that Bitcoin would eventually capture a significant portion of global capital. His argument is that digital gold could represent “up to 7 % of the entire global capital” in the future.

For him, this drastic increase in the value of Bitcoin would be the result of growing institutional adoption, the consolidation of its position as a safe-haven asset, and the intrinsic scarcity of crypto with its 21 million units in circulation. Saylor insisted that Bitcoin is on track to become the global benchmark in the years to come, a more stable and secure asset than fiat currencies subject to inflation and government manipulations.

However, this hyper-optimistic vision is far from convincing everyone in the crypto world. Some experts remind that although Bitcoin has seen growing institutional adoption in recent years, predicting such a valuation remains highly speculative.

Similarly, many investors did not hesitate to criticize this prediction and label it as unrealistic. According to them, Bitcoin will remain a volatile asset and will never reach the levels suggested by Saylor. They believe that regulation and possible alternatives are major obstacles to this vision.

Beyond the criticisms, it must be acknowledged that Bitcoin would have to overcome a myriad of technical and regulatory challenges to achieve such a valuation. Stricter regulations, particularly in the United States and Europe, could hinder its expansion, while energy issues linked to mining would continue to affect its adoption.

Michael Saylor’s predictions, as bold as they are, paint a clear vision of a future where Bitcoin could play a central role in the global economy. Nevertheless, this perspective confronts concrete realities and doubts within the crypto community. While Bitcoin supporters see Saylor as a visionary, others consider him an excessively optimistic figure.

The above is the detailed content of Michael Saylor Predicts Bitcoin Will Hit $13 Million in 21 Years, a Vision That Divides the Crypto Community. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Michael Saylor Drops New Bitcoin Price Prediction, Now Targeting $13M per Coin by 2045Michael Saylor Drops New Bitcoin Price Prediction, Now Targeting $13M per Coin by 2045Jul 27, 2024 pm 09:12 PM

Michael Saylor popular Bitcoin activist and co-founder of MicroStrategy, a business intelligence firm has dropped his latest prediction for Bitcoin price in the ongoing Bitcoin 2024 conference in Nashville.

Michael Saylor: From Software Mogul to Bitcoin BullMichael Saylor: From Software Mogul to Bitcoin BullJul 30, 2024 pm 09:22 PM

Michael Saylor, a leading figure in the tech and investment worlds, has transitioned from founding and leading the business intelligence firm MicroStrategy to becoming a vocal advocate for Bitcoin.

Michael Saylor Holds $1B Worth of Bitcoin, Sees BTC as a Generational Wealth AssetMichael Saylor Holds $1B Worth of Bitcoin, Sees BTC as a Generational Wealth AssetAug 08, 2024 am 06:33 AM

In a recent interview on Bloomberg Television, Michael Saylor, the Chairman of MicroStrategy, revealed he holds Bitcoin worth approximately $1 billion.

Bitcoin (BTC) Price Prediction 2025-2045: Saylor Projects BTC to Hit $3M-$49MBitcoin (BTC) Price Prediction 2025-2045: Saylor Projects BTC to Hit $3M-$49MJul 29, 2024 am 12:09 AM

The price of Bitcoin has recently returned below $68,000, as it attempts to stage a recovery following a significant price dip in the last week.

MicroStrategy CEO Michael Saylor Still Uber-Bullish on Bitcoin, Predicts $13M per BTC by 2045MicroStrategy CEO Michael Saylor Still Uber-Bullish on Bitcoin, Predicts $13M per BTC by 2045Jul 28, 2024 am 12:21 AM

MicroStrategy's Chairman and CEO Michael Saylor is still uber-bullish on Bitcoin [BTC]. During his keynote addresss at the Bitcoin 2024 conference in Nashville

Ferrari Expands Cryptocurrency Payment Option to European Merchants by End of July 2024Ferrari Expands Cryptocurrency Payment Option to European Merchants by End of July 2024Jul 25, 2024 pm 02:28 PM

Following CNF's earlier update that Ferrari is accepting Bitcoin, Ripple (XRP), and other cryptocurrencies as payment for its cars, it is now reported that Ferrari will expand its cryptocurrency payment option to European dealers by the end o

Kamala Harris Won't Be Speaking at Bitcoin 2024 Conference, David Bailey Indirectly Shows Support for Donald TrumpKamala Harris Won't Be Speaking at Bitcoin 2024 Conference, David Bailey Indirectly Shows Support for Donald TrumpJul 25, 2024 pm 02:31 PM

With the American President Joe Biden deciding not to run for re-election, Vice President Kamala Harris is now a top contender for the presidential race. Recently, she spoke about Bitcoin and cryptocurrencies, making her stance clear.

Bitcoin 2024: Michael Saylor Predicts BTC Could Reach $13M, Donald Trump Vows to Keep Seized BTCBitcoin 2024: Michael Saylor Predicts BTC Could Reach $13M, Donald Trump Vows to Keep Seized BTCJul 29, 2024 pm 03:36 PM

The Bitcoin 2024 gathered renowned industry leaders, founders, and even pro-crypto politicians. Among them are the former US president and Republican candidate Donald Trump

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

R.E.P.O. Energy Crystals Explained and What They Do (Yellow Crystal)
2 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
Repo: How To Revive Teammates
1 months agoBy尊渡假赌尊渡假赌尊渡假赌
Hello Kitty Island Adventure: How To Get Giant Seeds
4 weeks agoBy尊渡假赌尊渡假赌尊渡假赌

Hot Tools

SAP NetWeaver Server Adapter for Eclipse

SAP NetWeaver Server Adapter for Eclipse

Integrate Eclipse with SAP NetWeaver application server.

MinGW - Minimalist GNU for Windows

MinGW - Minimalist GNU for Windows

This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

VSCode Windows 64-bit Download

VSCode Windows 64-bit Download

A free and powerful IDE editor launched by Microsoft

MantisBT

MantisBT

Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

mPDF

mPDF

mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),