The businessman, during his appearance on the Making Money program, reported that many investors consider Bitcoin's volatility a disadvantage; however, MicroStrategy views it as an advantage of the first cryptocurrency. Investment in Bitcoin bridges traditional financial markets with the rapidly evolving crypto market, Saylor stated.
Among the unique qualities of Bitcoin, he mentioned 'portability', programmability, decentralization, and resistance to financial risks. According to the head of MicroStrategy, Bitcoin is a viable alternative to real estate and fiat currencies, which are vulnerable to inflation.
Saylor compared the acceptance of Bitcoin by society to the advent of electricity and cars. People were also skeptical about technological innovations in the past, and this is a completely natural reaction, noted the experienced investor.
The entrepreneur believes that by 2045, the market capitalization of Bitcoin will grow to $280 trillion. Currently, this figure is nearly $2 trillion. According to Saylor's ambitious forecast, in twenty years, Bitcoin will trade at a rate of $13 million per coin.
Recently, Saylor clarified that among all cryptocurrencies, he prefers Bitcoin and does not recommend investing in altcoins. Earlier, the businessman promised to leave his legacy in Bitcoins 'to humanity'.