 ▲ Source: Michael Sailor |
Michael Saylor, chairman and co-founder of business intelligence firm MicroStrategy, said in a recent 84-minute podcast interview that Bitcoin (BTC) will reach $10 million per coin and that China as a whole will support the cryptocurrency. He mentioned the advantages of Bitcoin, including claiming that it will become a reality.
According to Cointelegraph on the 23rd (local time), Michael Saylor, founder of MicroStrategy, which holds the largest amount of Bitcoin among any single company, said in an interview, "What is the difference between perfect money and imperfect money? Perfect money is 'economic immortality.' Imperfect money means that the lives of all of us are short and cruel,” he said, adding, “The price of Bitcoin will rise to $10 million per coin.”
He said, "BTC is perfect money and has economic immortality. Economics is a quasi-religious humanities, full of people's opinions and prejudices, but BTC can easily increase economic vitality and extend the lifespan of companies, which averages about 10 years. “He emphasized.
According to Saylor, from an economic standpoint, everything that existed before Bitcoin became obsolete with its introduction.
Meanwhile, in an interview that day, Saylor also predicted that the Chinese people and government would accept Bitcoin.
According to CoinMarketCap, Bitcoin is trading at $63,655 as of 7:51 a.m. on the 24th (Korean time).
