Michael Saylor Predicts Bitcoin Will Hit $13 Million, Calls It the 'Perfect Money'

Bitcoin BTC/USD advocate and MicroStrategy MSTR executive chairman Michael Saylor asserts that Bitcoin's meteoric rise to over $100,000 has decisively proven its legitimacy and laid the groundwork for its potential ascent to $13 million per coin.

Bitcoin BTC/USD Proponent and MicroStrategy MSTR Executive Chairman Michael Saylor claims that Bitcoin’s astronomical rise to above $100,000 has definitively established its legitimacy and set the stage for its potential journey toward $13 million per coin.

In a podcast with Tom Bilyeu published on Dec. 17, Saylor predicted that Bitcoin will grow at an average annual rate of 29%, driven by increasing institutional participation and broader educational initiatives aimed at making the asset more understandable.

He described Bitcoin as the world’s first “perfect money” and the most efficient store of value ever devised

Bitcoin’s volatility is a feature, not a bug, arising from its superior design as a monetary network, Saylor argues.

Education And Institutional Guidance"Education and adoption go hand in hand," he explains, envisioning a future where Bitcoin becomes a mainstream financial asset, like digital gold.

Saylor highlighted the importance of institutional guidance, such as BlackRock's suggestion to allocate 2% of portfolios to Bitcoin. He sees this guidance as a major achievement in Bitcoin's path toward broader acceptance.

Corporate StrategiesCompanies like MicroStrategy and Riot RIOT are pioneering the adoption of the “Bitcoin standard” by recapitalizing their balance sheets with Bitcoin.

Saylor sees this trend as part of a long-term shift in corporate finance, where companies are using Bitcoin's rising value as a strategic reserve.

According to Saylor, Bitcoin's potential to become America's strategic digital reserve is also being championed by political figures like Senator Cynthia Lummis (R-Wyn). He maintains that Bitcoin's incorruptibility and resilience make it a strong candidate for nations seeking secure economic reserves.

What's Next: Saylor likens Bitcoin's adoption to the inevitability of water flowing downhill due to gravity, predicting that as its advantages become undeniable, capital will naturally be drawn to it.

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