Bitcoin could reach $13 million per coin by 2045, according to Michael Saylor, co-founder of MicroStrategy. The bold prediction highlights Bitcoin’s growing importance as a global asset, raising concerns about its potential to disrupt financial and investment patterns.
In an interview with Altcoin Daily, Saylor explained Bitcoin's fixed quantity of 21 million coins, its scarcity-driven value, and its unique long-term potential.
Many financial and cryptocurrency experts have discussed Bitcoin's historical performance and its potential as a hedge against economic volatility in response to his prediction.
Saylor's Vision for Bitcoin in 2045
Bitcoin is “the world’s first perfect monetary asset,” Saylor told Altcoin Daily. Bitcoin is scarcer than gold, real estate, or stocks because its supply is limited. Saylor believes that Bitcoin’s long-term value lies in its scarcity.
Fiat currencies like the US dollar have lost purchasing power over the past century. Saylor uses this example to illustrate Bitcoin’s resilience during the global inflation of fiat currencies. The limited supply of Bitcoin mitigates this risk, solidifying its status as a store of value.
The scarcity-driven approach and growing concerns about the devaluation of fiat currencies make Bitcoin a better hedge against inflation.
Huge growth potential
Saylor is bullish because of Bitcoin’s decade-long success. Bitcoin has grown 60% annually compared to the S&P 500’s 15%.
Saylor believes this rapid rise could shift $500 trillion of global wealth from stocks, bonds, and real estate into Bitcoin. Saylor believes Bitcoin is maturing despite the price adjustments.
Bitcoin's market cap is expected to rise from $2 trillion to $280 trillion and its price from $55,000 in 2024 to $13 million in 2045. These trends indicate an annual return of 29% over 21 years, which is unmatched by any other traditional asset class.