Michael Saylor's bold prediction about Bitcoin reaching $13 million by 2045 is certainly attention-grabbing, and while it might seem extreme, there are a couple of reasons why some analysts believe such growth is possible:
1. Scarcity and Demand: Bitcoin has a fixed supply of 21 million coins, which makes it inherently deflationary. As demand for Bitcoin continues to rise due to its status as "digital gold," the scarcity can drive up its value, especially as institutions and investors increasingly recognize its potential as a store of value.
2. Institutional Adoption: Over the past few years, Bitcoin has seen significant adoption by major corporations, financial institutions, and even some governments. As more organizations adopt Bitcoin as a hedge against inflation or a form of long-term savings, this influx of capital can push prices higher over time.
Of course, predictions like these depend on numerous factors, including regulatory developments, technological advan
cements, and overall market sentiment, but Saylor's optimism stems from these key drivers of value growth.