● Increasingly, countries will consider establishing $BTC reserves:
- Allocating even 5-10% of a nation's total treasury to Bitcoin would significantly boost its price.
● Major companies will start building reserves and holding funds in Bitcoin:
- This allows them to accept payments in $BTC without using their own money for purchases. A portion of these payments will be added to the reserve, allowing it to grow over time.
● The global economy will increasingly adopt Bitcoin across various industries:
- From purchasing games on gaming platforms to topping up your cellphone balance.
● People will begin building their own BTC reserves:
- Bitcoin can serve as a tool to preserve and potentially grow capital, such as when saving for retirement.
Imagine what will happen in 5 years:
- Different countries and companies may become the largest $BTC holders.
- Companies will include $BTC statistics in their financial reports, leading to a revaluation of their shares on the stock market.
- Bitcoin payments might not be subject to any sanctions, allowing people to freely use any services they need.
Adopting $BTC into the global financial system over the next 2-3 years could significantly boost public confidence in the currency and help many countries combat rising inflation.
However, #Bitcoin supply is limited to 21 million coins, and mining has become increasingly difficult over time. As more people become optimistic about $BTC and aim to build reserves, the price will likely continue to rise due to constant demand.
Considering all this, there is a strong possibility that Michael Saylor will be correct in his price prediction.
$BTC's role in the global economy cannot be underestimated; it's a fact that should always be remembered.