Tidal Wave of Capital Could Bring Bitcoin’s Price to $14 Million, According to MicroStrategy’s Michael Saylor

Tidal Wave of Capital Could Bring Bitcoin’s Price to $14 Million, According to MicroStrategy’s Michael Saylor


MicroStrategy chief executive Michael Saylor is envisioning a future where hundreds of trillions of dollars worth of investments can push the value of Bitcoin to as high as $14 million.

In a new interview with YouTuber and Bitcoin trader MMCrypto, Saylor, who has placed massive personal and corporate bets on Bitcoin, says he believes a scenario in which Bitcoin capsizes gold and moves on to take a chunk of other markets is possible.

“I think that demonetizing gold gets you to $500,000 and that’s simply pulling all the monetary energy off of the gold rock from gold bugs who believe is a store of value and a safe haven. It’s important to note there are a lot of organizations and a lot of investors that don’t use gold as their safe haven. They use government debt, sovereign debt, and so cash is a safe haven, and sovereign debt is a safe haven, and another safe haven people use

Trending: President Trump Just Announces “We Will Be Back In Some Form!”

Continue reading

You Might Like

Do NOT follow this link or you will be banned from the site!
Thanks for sharing!
Send this to a friend