One of bitcoin’s biggest proponents – Michael Saylor – reiterated his viewpoint that the digital asset is a better financial instrument than gold. Contrary to the ongoing crypto winter and the numerous critics that envision BTC’s price plunging to zero, he expects the asset to soar to $1,000,000.
‘Bitcoin is, Like it or Not, Unique’
It is no secret that the Co-Founder and CEO of MicroStrategy – Michael Saylor – stands among the keenest advocates of the primary cryptocurrency. In recent years, he has outlined its merits, including its ability to act as a hedge against inflation. Even though BTC currently trades far away from its all-time high levels from last year, Saylor remains bullish on it.
នៅក្នុងការ សំភាសន៍ for CNBC, he claimed that its near-term volatility is not a concern as it will prevail in the long run. In his view, the crypto space is divided into “deniers,” “skeptics,” and bitcoin supporters. The first two groups insist that the asset is either not real or that the government will sooner or later ban it.
In Saylor’s view, they are both wrong. Instead of going away or dumping to zero, BTC will shoot up to $1 million, he added.
The American opined that bitcoin is “unique” as there is no network in the world that has its level of adoption or its level of security.
“It’s obviously better than gold and everything that gold wants to be,” he maintained.
In addition, the CEO touched upon the crypto-friendly regulatory bill that Senators Cynthia Lummis and Kirsten Gillibrand ស្នើឡើង earlier this week. According to him, the legislation recognizes the future potential of bitcoin. If implemented, it will prove broad society that digital assets are a “real thing that is going to be with us.”
Not the First Time to Make Such a Forecast
A few weeks ago, Saylor gave a much similar prediction on bitcoin, ការប្រមើលមើល it to exceed the milestone of $1 million in the future:
“មិនមានគោលដៅតម្លៃទេ។ ខ្ញុំរំពឹងថាយើងនឹងទិញ bitcoin នៅកំពូលក្នុងស្រុកជារៀងរហូត។ ហើយខ្ញុំរំពឹងថា Bitcoin នឹងចូលទៅក្នុងរាប់លាន។ ដូច្នេះយើងអត់ធ្មត់ណាស់។ យើងគិតថាវាជាអនាគតនៃលុយ»។
MicroStrategy started its interaction with the leading digital asset in August 2020, when it began accumulating portions to its corporate balance sheet. The company kept purchasing amounts and currently holds nearly 130,000 BTC. Considering Saylor’s previous សេចក្តីថ្លែង, the firm has no intentions to part with its possessions but rather accumulate more.
Binance ឥតគិតថ្លៃ 100 ដុល្លារ (ផ្តាច់មុខ): ប្រើតំណនេះ ដើម្បីចុះឈ្មោះ និងទទួលបាន $100 ឥតគិតថ្លៃ និងថ្លៃសេវា 10% លើ Binance Futures ខែដំបូង (លក្ខខណ្ឌ).
ការផ្តល់ជូនពិសេសរបស់ PrimeXBT៖ ប្រើតំណនេះ ដើម្បីចុះឈ្មោះ និងបញ្ចូលលេខកូដ POTATO50 ដើម្បីទទួលបានប្រាក់រហូតដល់ 7,000 ដុល្លារលើការដាក់ប្រាក់របស់អ្នក។
Source: https://cryptopotato.com/despite-the-bear-market-michael-saylor-explains-why-bitcoin-is-going-to-1m/