MicroStrategy CEO Michael Saylor expressed made an optimistic prediction about the future of Bitcoin, saying that its value could reach $10 million per coin.
Saylor highlighted the importance of bitcoin as an “economic immortality” and a “corporate immortality machine,” comparing pre-Bitcoin economics to “pseudoscience.” He is convinced that companies that invest in Bitcoin have a better chance of long-term existence. The top manager believes that Bitcoin serves society as a kind of machine for corporate immortality.
“The average duration of the corporation’s existence is about 10 years. You and I are talking about eliminating corporate mortality. About increasing economic viability 10 times, 100 times, and maybe a million times“, – said the co-founder of MicroStrategy.
In addition to thinking about the economic potential, the businessman touched on the topic of the use of cryptoassets by Chinese citizens. Saylor has no doubts that the country’s government will accept bitcoin as one of the main means of saving and payment.
The entrepreneur said that all Chinese people will use the first cryptocurrency in the future. This, in turn, will take bitcoin to a new level of global acceptance, says Saylor.
However, Israeli philosopher Yuval Noah Harari expressed the opposite opinion, calling Bitcoin a “currency of mistrust” that undermines trust in institutions. He noted that Bitcoin’s advantage is based on the distrust of banks and governments that create traditional currencies.
