In a recent interview, Michael Saylor, co-founder and chairman of MicroStrategy, made a remarkable prediction about the future of Bitcoin. The crypto enthusiast and prominent Bitcoin supporter, whose company has been heavily investing in the cryptocurrency for years, believes that the price of Bitcoin could reach astronomical heights over the next two decades — up to $13 million per Bitcoin.
Bitcoin as a Long-Term Hedge
Saylor, whose company MicroStrategy has acquired more than 150,000 Bitcoin to date, views the leading cryptocurrency not just as an investment, but as a long-term hedge against the devaluation of traditional currencies. In the interview, he argued that the current monetary policies of many governments and central banks around the world are fueling inflationary tendencies. This inflation, he suggested, is eroding trust in fiat currencies, while Bitcoin, as a scarce digital commodity, functions as a store of value with a fixed, unchangeable supply of 21 million units.
He stated, "The inflation rate could continue to rise, and Bitcoin is increasingly being seen as the safest asset to hedge against this trend. In the next 21 years, we could see a Bitcoin value of $13 million, driven by growing demand for a stable store of value".
The Role of MicroStrategy
MicroStrategy was one of the first publicly traded companies to adopt Bitcoin as part of its balance sheet. In recent years, Saylor has emerged as one of the loudest voices in the crypto community, actively promoting Bitcoin as a solution for wealth protection and value preservation. He has often compared Bitcoin to digital gold in the past and reiterated its importance as a long-term hedge in this interview.
"We are at the beginning of a global financial shift. Bitcoin is the only asset that cannot be devalued, as it is based on a decentralized network with a limited supply. While fiat currencies are being devalued, Bitcoin is designed to increase in value", said Saylor.
Optimistic Long-Term Forecast
The forecast of a $13 million Bitcoin price is one of the most optimistic long-term predictions ever made. However, Saylor emphasized that this prediction is not based on short-term market fluctuations, but on a long-term trend toward the digitization of assets.
"The world is facing a restructuring of monetary systems. We are witnessing a revolution that will unfold over the coming decades, and Bitcoin will play a central role in that transformation", he explained.
Reactions to the Prediction
Reactions to Saylor’s statement were mixed. While many in the crypto community support his vision and share similar views on the future significance of Bitcoin, there are also critics who find such a steep price increase unrealistic. Some analysts warn of the potential risks associated with the volatility of cryptocurrencies.
Conclusion
Michael Saylor’s bold prediction of $13 million per Bitcoin reflects his deep belief in the future of the leading cryptocurrency. For him, Bitcoin is not just an investment but a long-term solution for protecting wealth against inflation. Whether his forecast will come true remains to be seen, but what is clear is that Bitcoin continues to have the potential to fundamentally change the financial world.
