Famous Bitcoin bull and MicroStrategy founder Michael Saylor made a surprising prediction for BTC in his recent statements.
During a recent podcast with Robin Seyr, Saylor predicted that Bitcoin will reach $10 million and claimed that China will be a strong supporter of Bitcoin.
Arguing that Bitcoin is a perfect and immortal currency, Saylor stated that the future of money is BTC.
"What is the difference between perfect money and imperfect money? Perfect money means economic immortality. Imperfect money means a short and cruel life for all of us.
“With its decentralized structure and limited supply, Bitcoin represents an excellent form of money that could revolutionize the global financial system.”
According to Saylor, the emergence of Bitcoin makes all previous economic systems obsolete. He calls traditional economics "pseudoscience before Satoshi," a reference to Bitcoin's mysterious creator, Satoshi Nakamoto.
Chinese Support for Bitcoin and $10 Million Target
Michael Saylor, known for his strong support for Bitcoin, argues that both the Chinese people and government officials will embrace Bitcoin, despite the current strict bans and regulations of the Chinese government.
Saylor has a strong belief that China will embrace BTC and predicts that with increasing institutional adoption, the value of a single BTC will reach $10 million in the future.
Finally, Saylor stated that Bitcoin is a way to achieve "corporate immortality" and claimed that companies investing in BTC can survive longer than companies that follow traditional finance.
"The average operating life of a company is about 10 years. However, companies investing in Bitcoin can survive longer. At this point, Bitcoin is not only a means of payment, but also a tool that will make corporate structures economically immortal."
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