MicroStrategy’s Michael Saylor, a staunch Bitcoin advocate, believes Bitcoin will reach $13 million per coin by 2045, driving its adoption as a store of value and changing how companies manage their treasury reserves.
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Anthony Scaramucci, founder of SkyBridge Capital, expressed his gratitude to MicroStrategy co-founder Michael Saylor for writing the foreword to his new book, ‘The Little Book of Bitcoin’. The book aims to guide readers through understanding the impact of digital assets on finance, covering fundamental Bitcoin concepts like blockchain, hashes, and mining.
Renowned economist Peter Schiff has challenged MicroStrategy co-founder Michael Saylor’s assertion that Bitcoin’s limited supply will inevitably drive its price higher. Schiff argues that while scarcity is a factor, a lack of demand could lead to a price crash. Schiff’s comments provide a counterpoint to Saylor’s bullish stance on Bitcoin and highlight the ongoing debate about the cryptocurrency’s future.
MicroStrategy’s Michael Saylor believes a Republican victory in the 2024 election, particularly a Donald Trump win, could significantly boost Bitcoin’s price. He attributes this to a pro-crypto stance within the Republican party and cites the party’s progressive approach to crypto compared to the Democrats.