Michael Saylor assessed the prospects of Bitcoin for the coming years
According to a crypto enthusiast, Bitcoin has the potential to change humanity's approach to money and capital storage. It is a source of economic hope for eight billion people and millions of companies worldwide. Over time, every corporation will start to include Bitcoin in its reserves, which he believes will be an important factor in strengthening the global financial system.
Mass adoption of BTC, Saylor is confident, will begin when technological giants like Apple, Google, and Microsoft add support for Bitcoin in their services. He noted that corporate participation does not displace early investors; rather, it strengthens the network and benefits those who have held the cryptocurrency from the very beginning.
"Without companies, Bitcoin would be worth only $5000. It is the institutional players who are revving up the engine," added the businessman.
According to him, skepticism towards Bitcoin will always exist, regardless of whether the coin is worth $1000 or $10 000 000. However, cryptocurrency provides complete freedom of choice, allowing everyone to store their money where they see fit.
The strategic goal of the Strategy is to accumulate $1 trillion in Bitcoin. Saylor emphasized that companies with BTC reserves are becoming a kind of new banks, capable of offering more favorable loans and returns compared to the traditional financial system.
Earlier, Michael Saylor mentioned that the driving force behind the growth of the first cryptocurrency is that the demand for the asset far exceeds the supply in the market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Michael Saylor assessed the prospects of Bitcoin for the coming years
According to a crypto enthusiast, Bitcoin has the potential to change humanity's approach to money and capital storage. It is a source of economic hope for eight billion people and millions of companies worldwide. Over time, every corporation will start to include Bitcoin in its reserves, which he believes will be an important factor in strengthening the global financial system.
Mass adoption of BTC, Saylor is confident, will begin when technological giants like Apple, Google, and Microsoft add support for Bitcoin in their services. He noted that corporate participation does not displace early investors; rather, it strengthens the network and benefits those who have held the cryptocurrency from the very beginning.
"Without companies, Bitcoin would be worth only $5000. It is the institutional players who are revving up the engine," added the businessman.
According to him, skepticism towards Bitcoin will always exist, regardless of whether the coin is worth $1000 or $10 000 000. However, cryptocurrency provides complete freedom of choice, allowing everyone to store their money where they see fit.
The strategic goal of the Strategy is to accumulate $1 trillion in Bitcoin. Saylor emphasized that companies with BTC reserves are becoming a kind of new banks, capable of offering more favorable loans and returns compared to the traditional financial system.
Earlier, Michael Saylor mentioned that the driving force behind the growth of the first cryptocurrency is that the demand for the asset far exceeds the supply in the market.