🗣️😱 Michael Saylor, founder of MicroStrategy, has an optimistic view on Bitcoin (
$BTC ) and even declared that the price of the cryptocurrency could reach US$ 1 million per unit in the future.🤪
➡️He bases this projection on several factors, including the growing institutional adoption of
$BTC , the scarcity of the cryptocurrency, and inflation.
🚀Institutional Growth
➡️ Saylor believes that the entry of large financial institutions into the Bitcoin market will drive demand and, consequently, the price.
😋Scarcity of Bitcoin
➡️ The limited supply of Bitcoin (21 million units) is another crucial factor, according to Saylor, as scarcity tends to increase the value of the cryptocurrency as demand grows. Inflation:
➡️ Saylor also considers inflation as a catalyst for the price of Bitcoin, as the cryptocurrency is seen as a store of value in a scenario of currency devaluation.
💭Other Statements by Michael Saylor
➡️ Saylor has stated that the price of Bitcoin could reach US$ 10 million, highlighting the difference between "perfect" money (economic immortality) and "imperfect" money (short-lived and brutal).
➡️ He also recommends that investors seek Bitcoin as a way to protect their wealth from inflation and currency devaluation.
➡️ MicroStrategy, Saylor's company, has been one of the largest institutional buyers of Bitcoin, accumulating over 582,000 units, according to information from the Bitcoin portal.
➡️ It is important to emphasize that Saylor's statements reflect his personal and optimistic view on the future of Bitcoin.
⚠️ The channel
Leandro Fumao 🗣️ Reminds » This is an informative analysis » This is not financial advice » Always do your own research before investing. 📚🎧☕
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