Key Takeaways:
- Michael Saylor predicted Bitcoin’s price would reach $10 million per coin, calling it “perfect money.”
- Saylor argued that Bitcoin could provide economic immortality for companies, extending corporate lifespans.
- He predicted that both the Chinese government and its people would eventually support Bitcoin.
Michael Saylor, co-founder and executive chairman of MicroStrategy, shared his views on Bitcoin in an 84-minute podcast with host Robin Seyr.
Saylor made a bold prediction that Bitcoin’s price would reach $10 million per coin.
#Bitcoin is Economic Immortality.pic.twitter.com/ZtLzUK4kO6
— Michael Saylor⚡️ (@saylor) June 23, 2024
He praised Bitcoin as “perfect money”, contrasting it with “imperfect money” and suggested it could provide economic immortality for companies.
He criticized traditional economic systems as outdated and argued that Bitcoin supersedes them.
MICHAEL SAYLOR PREDICTS BITCOIN TO REACH $10M PER COIN
— BSCN (@BSCNews) June 24, 2024
– Michael @Saylor, Executive Chairman of MicroStrategy, recently shared his bold prediction that Bitcoin will reach $10 million per coin.
Corporate Mortality and Bitcoin’s Solution
– Saylor explained that most companies… https://t.co/L6myBaW5at pic.twitter.com/VjXfcOxZUk
Saylor claimed that investing in Bitcoin would significantly extend corporate lifespans, potentially eliminating corporate mortality.
📈 Michael Saylor, founder of MicroStrategy, stated on a YouTube podcast that "Bitcoin will rise to $10 million." He described BTC as perfect money with economic immortality, capable of increasing economic vitality and extending the lifespan of companies, which typically average… pic.twitter.com/p0vLcSJHPg
— BitcoinWorld Media (@ItsBitcoinWorld) June 23, 2024
He also predicted that the Chinese government and people would eventually support Bitcoin.