Michael Saylor: Bitcoin will grow to 1 million dollars per coin

This week, MicroStrategy CEO Michael Saylor said in an interview with CNBC that BTC will reach $ 1 million.

Saylor emphasized that cryptocurrencies should be viewed as a tool for hedging inflationary risks. The volatility we are witnessing does not affect cryptocurrencies in any fundamental way.

The MicroStrategy CEO believes that investors can be divided into opponents and supporters of Bitcoin, each of whom has their own arguments for the legalization of BTC. «Bitcoin will not fall to zero, on the contrary, we will see its price soar to $ 1 million. It is a unique asset, nothing like it has ever existed in the world. The Bitcoin network is a whole ecosystem, and the cryptocurrency itself is better than gold.»

At the end of April, Saylor already expressed his opinion about BTC. At the time, he said that bitcoin was an ideal asset for pension investments.