From $2 Trillion to $200 Trillion: Saylor’s Bold Bitcoin Prediction 😲

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Executive Chairman of Strategy, Michael Saylor, graced CNBC with his enchanting presence and shared his vision of Bitcoin‘s future. According to the man who once compared Bitcoin to a “digital version of a Picasso,” the cryptocurrency’s market capitalization is destined to reach $20 trillion, and eventually, a staggering $200 trillion.

Saylor, a long-time Bitcoin advocate, has been engaging with policymakers from both political parties, including members of the Trump administration. He argues that the U.S. should acquire Bitcoin as part of a strategic crypto reserve, calling it the “greatest economic program of the 21st century.”

“Right now, we’re about $2 trillion in Bitcoin. It’s going to $20 trillion, then it’s going to $200 trillion, then it’s growing 20% a year,” he said.

Saylor further suggested that if the U.S. acquired 10–20% of the Bitcoin network, it could result in paying off the national debt. 💰

Bitcoin’s volatility: A tale of historical land acquisitions 🏞️

When asked about Bitcoin’s volatility, Saylor dismissed concerns by drawing parallels to historical U.S. land acquisitions. “We bought Manhattan for 60 guilders. It was a good trade. We bought Alaska for $6 million. It was a good trade. We paid $40 million for 75% of this country. It’s a good trade,” he said.

Saylor emphasized Bitcoin’s decentralization as a key advantage, noting that it is a digital commodity without an issuer or centralized control. He also highlighted its historical performance, stating, “It’s the best-performing asset in the past 15 years, and generally the best-performing asset every single year.”

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2025-03-03 22:35