Despite recent ups and downs, bitcoin continues to bask in the rays of glory. Many large investors have already praised it to the skies, making it even more popular. Sometimes reputable analysts make wild predictions about its future. For instance, MicroStrategy CEO Michael Saylor believes that BTC will become a store of value in the 21st century.
Notably, MicroStrategy is the largest holder of BTC among public companies. "I think Bitcoin is going to be the emergency strong money store-of-value asset in the 21st century. I think it’s pretty clear that it has won this space. There are 8 billion people that need a strong money or monetary asset if they’re going to live a decent life," Michael Saylor said. He even boldly assumed that "Bitcoin is the fastest growing, most disruptive force in the world right now, objectively speaking. It went from $0 – $1 trillion in 12 years. That makes it the most disruptive tech in your lifetime, in my lifetime – more disruptive than Amazon, Apple, Facebook and Google, more disruptive than anything in our lifetime."
MicroStrategy shares are traded on the US stock market. Currently, the company has 91,500 bitcoins. It bought them at a price of $24,300 per coin. Saylor concludes, "Once you understand [that Bitcoin is] a crypto asset, then you understand it’s not competing with the [US] dollar and the euro. [Bitcoin is] competing with gold and silver and ETFs (exchange-traded funds) and stocks. It’s digital gold."
