Crypto Blog
Michael Saylor, the executive chairman and co-founder of MicroStrategy, has predicted that Bitcoin will reach $10 million per coin.
In Saylor’s view, Bitcoin’s introduction has made all previous economic systems obsolete. He criticized traditional economics as “pseudoscience before Satoshi,” referring to Bitcoin’s mysterious creator, Satoshi Nakamoto. According to Saylor, economists of the past were similar to primitives using “seashells and glass beads” compared to the sophisticated financial instrument that Bitcoin represents.
Another notable aspect of Saylor’s interview was his prediction regarding China’s stance on Bitcoin. Despite the Chinese government’s current stricton cryptocurrency, Saylor confidently stated his belief that both the local people and their authorities will adopt Bitcoin and predicted that, at some point in the future, the value of a single BTC will reach $10 million.a vision of Bitcoin as a means to achieve “corporate immortality.
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