Michael Saylor: Bitcoin will cost $ 10 million

Сейлор" href="https://noworries.news/biography/majkl-dzh-sejlor/" data-bio-id="3672">Michael Saylor, executive chairman and co-founder of MicroStrategy, recently expressed his beliefs on the merits of the flagship cryptocurrency BTC $98,436.70 Bitcoin -0.40% Market capitalization $1.95 trillion VOL. 24 hours $3.56 billion . In a recent podcast, he stated that the value of bitcoin will reach $ 10 million per coin and that China will support the main virtual asset.

Saylor said: «A perfect currency is economic immortality. An imperfect currency means a short and brutal life.» The top manager believes that bitcoin serves society as a kind of corporate immortality machine.

The head of MicroStrategy asked a question: «What if I told you that I could make your company eternal?» According to him, everything that came before BTC in the economy became obsolete from the moment it appeared. He called pre-Satoshi economics a «pseudo-science» and compared it to a «quasi-religious liberal art» filled with people’s prejudices and opinions.

Sailor’s main message was that companies investing in bitcoin have a chance to survive longer than those that remain in the «old corporate framework.»

Earlier, Israeli philosopher Yuval Noah Harari, author of the bestselling book Sapiens and Homo Deus, said that bitcoin undermines public trust in institutions.«Bitcoin is a currency of distrust, and I repeat what BTC fans themselves say. Theremay be good reasons to distrust banks and governments that create dollars, yens, and other currencies, but that doesn’t change the fact that Bitcoin’s advantage is based on distrust of institutions,» the world-renowned scientist said.