Michael Saylor, the co-founder and executive chairman of business intelligence company MicroStrategy, recently expressed his strong support for Bitcoin in an 84-minute podcast interview. He confidently stated that the price of Bitcoin will reach $10 million per coin and even claimed that the entire nation of China will rally behind the cryptocurrency.
In the introduction to the video, Saylor boldly declared that “the cost of Bitcoin’s going to go up to 10 million dollars a coin,” emphasizing his belief in the future potential of the digital currency. Throughout the interview, he spoke in his typical bombastic style, expressing his firm belief that Bitcoin holds great value for society.
Saylor presented an intriguing concept, describing Bitcoin as a form of corporate immortality machine. He posed the question, “What if I told you I could make your company live forever?” According to him, the introduction of Bitcoin renders all previous economic systems obsolete.
The core idea behind Saylor’s argument is that companies that invest in Bitcoin are better positioned for longevity compared to those stuck in traditional corporate structures. He believes that by embracing Bitcoin, companies can transcend the challenges and limitations of the old corporate model.
Saylor’s vision extends beyond just corporate immortality. He also expressed his conviction that the Chinese people and government will fully embrace Bitcoin. He confidently predicted that in the future, a single Bitcoin will be valued at $10 million.
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Michael Saylor
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