在最近的一次采访中，迈克尔·塞勒（Michael Saylor）讨论了他对BTC市场未来的愿景

在最近的一次采访中，Micale Saylor讨论了他对BTC市场未来的愿景。他大声疾呼，在2045年，全世界将由使用比特币作为主要货币的高级AI主导。

In a recent interview, Micale Saylor, the renowned figure in the cryptocurrency domain, shared his insights into the future of the BTC market. As the company president and also the founder of the company known as Strategy, Saylor is a familiar face in the industry. Notably, he was one of the first people to create a corporate Bitcoin investment firm. Back then, in 2020, as the president of the software firm, MSTR, he started investing in the flagship cryptocurrency.

在最近的一次采访中，加密货币领域的著名人物米切尔（Micale Saylor）分享了他对BTC市场未来的见解。作为公司总裁，也是该公司被称为“战略”的创始人，Saylor是行业中熟悉的面孔。值得注意的是，他是最早创建公司比特币投资公司的人之一。当时，在2020年，作为软件公司MSTR的总裁，他开始投资旗舰加密货币。

Now he has turned a small software firm into a stock market giant. In the interview, Saylor further discussed his vision for the future of the BTC market. According to him, in 2045, the world would be dominated by advanced AI that uses Bitcoin as the main currency. As such, the BTC market capitalisation will soar to $200 trillion as it becomes the settlement layer for AI agents.

现在，他将一家小型软件公司变成了股市巨头。在采访中，塞勒进一步讨论了他对BTC市场未来的愿景。据他说，2045年，全世界将由使用比特币作为主要货币的高级AI主导。因此，BTC市值将飙升至200万亿美元，因为它成为AI代理商的结算层。

During the interview, Saylor also touched upon the importance of other nations adopting Bitcoin and how this will ultimately lead to a "geopolitical" move by the US to make BTC the main fiat currency. A Crypto Diplomat: Michael Saylor’s Bitcoin Mission

在采访中，塞勒还谈到了采用比特币的其他国家的重要性，以及这将最终导致美国的“地缘政治”行动，使BTC成为主要的菲亚特货币。加密外交官：迈克尔·塞勒（Michael Saylor）的比特币任务

suggest that none of the interviewed persons are affiliated with any of the organizations mentioned

暗示没有一个被访谈的人隶属于提到的任何组织

In order to make the international Bitcoin adoption a reality, Saylor is now ready to give speeches at all important finance events. Some of these gatherings include South America’s 100 wealthiest families and Middle Eastern sovereign wealth funds.

为了使国际比特币采用成为现实，Saylor现在准备在所有重要的财务活动中发表演讲。其中一些聚会包括南美最富有的家庭和中东主权财富基金。

Additionally, there are Morgan Stanley’s prestigious tech conferences, CPAC, and White House gatherings, such as Trump’s crypto summit. One of the main aims of his efforts is for other nations to create their own strategic Bitcoin reserve.

此外，还有摩根士丹利（Morgan Stanley）享有声望的技术会议，CPAC和白宫聚会，例如特朗普的加密峰会。他努力的主要目的之一是其他国家创建自己的战略比特币储备。

Based on Saylor’s claims, Bitcoin is now in “escape velocity,” as the US has adopted this currency. He argued that as the USA’s Bitcoin adoption increases, its allies will also be forced to create a strategic Bitcoin reserve.

根据Saylor的主张，比特币现在处于“逃生速度”，因为美国采用了这种货币。他认为，随着美国比特币采用的增加，其盟友也将被迫创建战略性的比特币储备。

This will trigger a domino effect, making BTC a global currency. “It becomes a fait accompli; It’s one of those geopolitical moves that when you embrace the network, you force all of your allies first to adopt it, and then all your enemies have to adopt it,” Saylor stated.

这将触发多米诺骨牌效应，使BTC成为全球货币。塞勒说：“这成为既成的成就；这是当您拥抱网络时，您首先强迫所有盟友采用它，然后所有敌人都必须采用它。”

The High-Stakes Strategy Behind Saylor’s BTC Buying Spree

Saylor的BTC购买狂潮背后的高风险策略

Additionally, Michael Saylor crypto strategy is also an innovative method that keeps the BTC buying pressure high. He clarified his strategy for the growth of both his company and Bitcoin.

此外，迈克尔·赛勒（Michael Saylor）加密策略也是一种创新的方法，可保持BTC购买压力很高。他阐明了他的公司和比特币增长的策略。

Based on his words, by purchasing BTC, the value of this currency goes up, and the value of MSTR increases. This will make MSTR’s leverage more expensive and will create demand for equity, making convertible bonds and shares more valuable. Saylor stated that “If you were to say, it sounds like financial engineering, it absolutely is financial engineering.”

根据他的言语，通过购买BTC，该货币的价值上升，MSTR的价值增加。这将使MSTR的利用更加昂贵，并会产生对股权的需求，从而使可转换债券和分享更有价值。塞勒说：“如果您说，这听起来像是金融工程，那绝对是金融工程。”

Table 1 – Provided by Strategy, published on Strategy.com, March 26, 2025.

表1 - 由战略提供，于2025年3月26日在战略上发表。

Although this strategy seems foolproof, there are still worries about the Strategy’s impending debts and due dates for the bonds. For example, a bond’s put date is coming up in September 2027.

尽管这种策略似乎是万无一失的，但仍然担心该策略即将来临的债务和债券日期。例如，债券的排名日期将于2027年9月出现。

When this date comes, Strategy needs to persuade these bondholders to take MSTR stock instead of their cash. However, the bondholders might not agree with this method of repayment, and also don’t wait for the principal repayment.

当这个日期到来时，策略需要说服这些债券持有人购买MST股票而不是现金。但是，债券持有人可能不同意这种还款方式，也不要等待主要还款。

In such a case, Strategy needs to buy back the $1.8B loan with cash. In such a scenario, the company might be forced to liquidate BTC to pay the debt.

在这种情况下，策略需要以现金回购$ 1.8B的贷款。在这种情况下，该公司可能被迫清算BTC来偿还债务。

Betting It All on BTC: Strategy’s Debt Plan Decoded

将其全部押在BTC上：战略的债务计划解码

There are other ways for Strategy to pay its debts, such as by raising funds by using its BTC as collateral.

战略还有其他方法可以偿还债务，例如通过将其BTC作为抵押品筹集资金。

Additionally, Saylor also mentioned such a scenario and exclaimed that he will never sell Bitcoin. As such, Saylor has bet on BTC’s continued growth and prosperity. He stated, "We’ve built an indestructible balance sheet. Bitcoin could trade down 99%, but there’s no margin call coming."

此外，塞勒还提到了这种情况，并大声疾呼他永远不会出售比特币。因此，Saylor押注BTC的持续增长和繁荣。他说：“我们建立了坚不可摧的资产负债表。比特币可以下跌99％，但没有任何保证金来电。”

So, as the crypto industry matures and reaches global adoption, we will see if Saylor’s crypto prediction is correct.

因此，随着加密行业的成熟并达到了全球采用，我们将看到Saylor的加密预测是否正确。

However, Strategy can use some failsafe measures, as if BTC crashes, Strategy will not be able to repay its debts. Such a disastrous incident will be a blow to the crypto legitimacy and adoption and might send it back decades.

但是，策略可以使用一些故障保护措施，就好像BTC崩溃一样，战略将无法偿还其债务。这样的灾难性事件将对加密货币的合法性和收养构成打击，并可能将其寄回数十年。