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BitcoinSistemi 2024-12-09 09:22:06

Big Bull Michael Saylor Reveals His Ultimate Goal for Bitcoin Price – “At the End of Everything”

MicroStrategy Chairman Michael Saylor has boldly predicted that Bitcoin could reach a staggering market cap of $180 trillion, surpassing gold by a factor of ten. With the current market value of gold at $18 trillion, Saylor's estimate would put the price of Bitcoin at around $8.6 million per coin. “Bitcoin will easily go up 10 times gold,” Saylor said in a recent interview, touting Bitcoin’s superiority as a store of value and treasury asset over traditional options like gold, real estate and bonds. Saylor cited the limitations of traditional commodities and assets for institutional and corporate treasuries, noting that Bitcoin offers a superior alternative due to its higher annualized rate of return (ARR) and better liquidity. “Gold offers an ARR of 7%, real estate 10%, and bonds around 4-5%. None of these beat the S&P benchmark cost of capital,” Saylor explained. Bitcoin, by contrast, offers an ARR of 60%, making it a more attractive asset for both companies and wealthy investors. Related News: Will Donald Trump Fire Fed Chairman Jerome Powell? He Gave His Answer Saylor argued that calling Bitcoin “digital gold” underestimates its potential. “Bitcoin is digital capital,” he said, suggesting that Bitcoin could replace not just gold but also real estate, the S&P index and other institutional capital assets. Looking forward, Saylor predicts that Bitcoin could become a “hundred trillion dollar asset class” by 2045, and projects a floor price of $13 million per coin. He predicts that Bitcoin's current volatility and rates of return will gradually decrease over the next two decades, eventually stabilizing as the asset matures. *This is not investment advice. Continue Reading: Big Bull Michael Saylor Reveals His Ultimate Goal for Bitcoin Price – “At the End of Everything”

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