{"id":15613,"date":"2024-07-28T14:53:30","date_gmt":"2024-07-28T11:53:30","guid":{"rendered":"https:\/\/forklog.com\/en\/michael-saylor-predicts-bitcoin-to-reach-13-million-by-2045\/"},"modified":"2024-07-28T14:53:30","modified_gmt":"2024-07-28T11:53:30","slug":"michael-saylor-predicts-bitcoin-to-reach-13-million-by-2045","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/michael-saylor-predicts-bitcoin-to-reach-13-million-by-2045\/","title":{"rendered":"Michael Saylor Predicts Bitcoin to Reach $13 Million by 2045"},"content":{"rendered":"<p>The price of the leading cryptocurrency is projected to hit $13 million by 2045, according to MicroStrategy founder Michael Saylor during his speech at the annual Bitcoin 2024 conference in Nashville, reports <a href=\"https:\/\/cointelegraph.com\/news\/michael-saylor-ups-bitcoin-price-forecast-13-million-mega-bullish-keynote-bitcoin-2024\" title=\"\">Cointelegraph<\/a>.<\/p>\n<p>He noted that with Bitcoin&#8217;s current price around $65,000, its market capitalization stands at $1.3 trillion\u2014merely 0.1% of global wealth. With an annual return of approximately 29%, digital gold is expected to reach $280 trillion and 7% of global wealth by 2045.<\/p>\n<p>Saylor provided an average forecast. In his view, the bullish scenario sees Bitcoin at $49 million and 22% of global wealth, while the bearish scenario predicts $3 million and 2%, respectively.<\/p>\n<p>The MicroStrategy founder urged the conference audience to become Bitcoin maximalists: to buy the leading cryptocurrency, convert all their assets into it, and move to a low-tax jurisdiction to invest the saved funds in digital gold.<\/p>\n<p>Saylor explained that all physical capital\u2014from stocks and bonds to cars and real estate\u2014follows the laws of thermodynamics, including entropy, the tendency of energy to dissipate over time.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cEntropy dilutes the value of physical assets. It drains capital from them, energy from it. [\u2026] Bitcoin is immortal, immutable, and intangible. [\u2026] And it is the solution to our economic dilemma,\u201d he stated.<\/cite><\/p><\/blockquote>\n<p>Saylor asserted that the leading cryptocurrency is an exception to the rule, as it \u201cdoes not exist in the physical world\u201d and possesses \u201cinfinite lifespan.\u201d<\/p>\n<p>Previously, the MicroStrategy founder expressed confidence in Bitcoin&#8217;s ability to reach $10 million, supported by China and other factors. He described the asset as \u201cperfect.\u201d<\/p>\n<p>In July, Saylor urged Germany not to sell digital gold.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of the leading cryptocurrency is projected to hit $13 million by 2045, according to MicroStrategy founder Michael Saylor during his speech at the annual Bitcoin 2024 conference in Nashville, reports Cointelegraph. He noted that with Bitcoin&#8217;s current price around $65,000, its market capitalization stands at $1.3 trillion\u2014merely 0.1% of global wealth. With an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,1208,1207],"class_list":["post-15613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-michael-saylor","tag-microstrategy"],"aioseo_notices":[],"amp_enabled":true,"views":"118","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/15613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=15613"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/15613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/15612"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=15613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=15613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=15613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}