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A Bitcoin Could Be Worth 49 Million Dollars by 2045?

Wed 31 Jul 2024 ▪ 3 min read ▪ by Luc Jose A.
Getting informed Event

Michael Saylor, Executive Chairman of Microstrategy, makes a bold prediction about the price of Bitcoin for 2045. At the Bitcoin 2024 conference, he presented impressive figures, drawing attention to the potential of this crypto asset.

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Michael Saylor’s Predictions for Bitcoin Price

Michael Saylor expressed his vision of the future of Bitcoin at the Nashville conference. He believes that in the best-case scenario, BTC could reach $49 million by 2045. In a more cautious perspective, he envisions a price of $13 million. The most pessimistic scenario still sees a price of $3 million.

These estimates by Saylor, although extreme, are based on a deep conviction. Indeed, the CEO of Microstrategy is convinced that Bitcoin could replace obsolete assets and transform the global economy through digital capital. According to him, this crypto asset, immune to inflation and entropy, offers a sustainable alternative to traditional assets.

Bitcoin: A Pillar for Tomorrow’s Economy

Saylor goes further by suggesting that the U.S. government should accumulate the majority of the world’s Bitcoin. This strategy would aim to strengthen the U.S. dollar. He draws a parallel between this approach and the historical possession by the United States of large reserves of gold and land. “The country’s future lies in cyberspace, and Bitcoin is the ‘digital Manhattan’,” he says.

Furthermore, Saylor emphasized the importance for companies and individuals to adopt Bitcoin as a primary treasury asset. He highlighted that this crypto offers protection against value erosion caused by inflation and uncertain economic policies. For Saylor, BTC is not only an opportunity for significant wealth accumulation but also a means to ensure long-term economic stability.

In conclusion, Saylor sees Bitcoin as a key tool for wealth security and future economic stability. His predictions and recommendations are based on a deep conviction in BTC’s revolutionary potential and its central role in tomorrow’s global economy. The perspectives he offers open a debate on the adoption of cryptocurrencies by public and private institutions and how they could transform the global economic landscape.

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Luc Jose A. avatar
Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.