{"id":32910,"date":"2024-06-24T00:55:49","date_gmt":"2024-06-24T00:55:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/michael-saylor-thinking-bitcoin-will-rise-to-10-million\/"},"modified":"2024-06-24T00:55:49","modified_gmt":"2024-06-24T00:55:49","slug":"michael-saylor-thinking-bitcoin-will-rise-to-10-million","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/michael-saylor-thinking-bitcoin-will-rise-to-10-million\/","title":{"rendered":"Michael Saylor Thinking Bitcoin Will Rise to $10 Million"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Michael Saylor, the co-founder and executive chairman of MicroStrategy, recently discussed Bitcoin\u2019s potential in an podcast interview with Robin Seyr. He predicted that <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> could reach $10 million per coin and asserted that eventually China will be supporting the flagship cryptocurrency.<\/p>\n<p>Saylor confidently stated, <em>\u201cThe cost of Bitcoin\u2019s going to go up to ten million dollars a coin.\u201d<\/em> He elaborated on the distinction between perfect and imperfect money, emphasizing that perfect money represents <em>\u201ceconomic immortality,\u201d<\/em> whereas imperfect money leads to <em>\u201ca short, brutal life.\u201d<\/em><\/p>\n<p>Saylor believes Bitcoin will revolutionize finance, making previous economic systems obsolete. He described pre-Bitcoin economics as a <em>\u201cquasi-religious liberal art\u201d<\/em> full of biases. According to Saylor, economists before Satoshi Nakamoto, Bitcoin\u2019s creator, were merely guessing the laws of economics with primitive tools like seashells and glass beads.<\/p>\n<p>He argued that companies investing in Bitcoin could achieve unprecedented longevity. <em>\u201cThe average life expectancy of a corporation is something like 10 years,\u201d<\/em> Saylor said. He suggested that Bitcoin could extend a company\u2019s economic vitality by factors of ten, a hundred, or even a million.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>177% up to 5BTC + 77 <strong> Free Spins<\/strong>!<\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Saylor also predicted that the Chinese government and its people would eventually embrace Bitcoin. He confidently foresaw a future where a single Bitcoin would be worth $10 million.<\/p>\n<p>In related news, Saylor\u2019s MicroStrategy last week <a href=\"https:\/\/igaming.org\/crypto\/microstrategy-buys-11931-btc-for-786-million-in-latest-crypto-investment\/\">announced<\/a> the addition of $786 million in Bitcoin to its stack.<\/p>\n<p>Watch the full interview here:<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/michael-saylor-thinking-bitcoin-will-rise-to-10-million\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Michael Saylor, the co-founder and executive chairman of MicroStrategy, recently discussed Bitcoin\u2019s potential in an podcast interview with Robin Seyr. He predicted that Bitcoin could reach $10 million per coin and asserted that eventually China will be supporting the flagship cryptocurrency. Saylor confidently stated, \u201cThe cost [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":32911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/32910"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=32910"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/32910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/32911"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=32910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=32910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=32910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}