“Bitcoin Is About To 250X – Here’s Why” Michael Saylor 2024 Bitcoin Prediction

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Recently, crypto markets faced a downturn, with Bitcoin dropping below $40,000.
Amid the market turbulence, Bitcoin ETFs hit a milestone by amassing almost $4 billion in assets.

However Michael Saylor, believes the short time price fluctuations is all just noise.He sees Bitcoin as both “digital gold” and “digital property.”

If Bitcoin replaces gold, its value could reach $500,000. However, Saylor goes beyond that, in his eyes. Bitcoin is a complete paradigm shift. Over time, he thinks the market cap of Bitcoin will eventually hit $100 trillion dollars.

A staggering point, in which One Bitcoin would equal $10 million per coin.

Make sure to stay stick around until the end of the video where Michael Saylor reveals his ultimate dream for Bitcoin and how it will disrupt the traditional finance systems.

Also guys, only a small percentage of my viewers are actually subscribed, if you enjoy staying up to date with finance content, consider subscribing or liking the video, it’s free and you can always change your mind.

About Michael Saylor:

Michael J. Saylor is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services.

Credits: To watch the full interview highlighted in the video (and subscribe to a great crypto resource!) Check out Robert Breedlove:

The Nature of Energy with Michael Saylor (WiM314)

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“Bitcoin Is About To 250X – Here’s Why” Michael Saylor 2024 Bitcoin Prediction

You know Bitcoin represents a paradigm shift it’s the digital transformation of money property and energy and Paradigm shifts are so profound that you’re staring at them and you don’t realize they took place because your worldview is constructed based upon a bunch of assumptions that you’ve always taken for

Granted and so what Thomas cun says and the structure of scientific revolutions and what we study at MIT is there’s only two circumstances under which people willingly undergo a paradigm shift and one was is you wait for the Old Guard to die and the Millennials kind of they get it

Because they’re different and uh Einstein you know said God does not play dice with the universe Einstein never liked quantum theory you know you could be a brilliant person but you won’t embrace the Paradigm Shift while you’re alive in the absence of a crisis this the second way you get paradigm shift is

A war right when there’s a war and there are bombs dropping from a you don’t believe in atomic power but then someone drops a nuclear weapon and the city evaporates and all of a sudden you become a Believer and you reassess your priorities recently crypto markets have faced a downturn with Bitcoin dropping

Below $40,000 amid the market turbulence Bitcoin ETFs hit a milestone by a massing almost $4 billion in assets however Michael sailor believes the short-term price fluctuations is all just noise he sees Bitcoin as both the digital gold and digital property and if Bitcoin replaces gold he believes its value will reach

$500,000 per Bitcoin however salor goes beyond that in his eyes Bitcoin is a complete paradigm shift and over time he thinks the market cap of Bitcoin will eventually hit over $100 trillion a staggering point in which one Bitcoin would be worth $10 million per coin make

Sure to stick around till the end of the video when Michael sailor Reveals His Ultimate Dream for Bitcoin and how it will disrupt the traditional Finance system also guys only a small percentage of my viewers are actually subscribed if you enjoy staying up to date with Finance content consider subscribing or

Liking the video it’s free and you can always change your mind now here’s Michael sailor with why he thinks Bitcoin is on a trajectory towards a staggering $10 million per coin when you think of it as digital gold then it should replace gold Gold’s worth $10 trillion and that takes Bitcoin to

500,000 but when you think of it as digital property like replacing buildings and and land and and other long store holds of wealth then you know you’re up by a factor of 20 or 30 from there I mean it should not be it’s much better than digital goal because I can

Move Bitcoin at the speed of light and I can program it to a million transactions an hour on an iPhone or a website you can’t do that with gold so it’s got more utility than gold which means it’s probably worth 20 or 30 trillion if it just replaces the gold but instead of

Buying the fountain blow hotel which is a nice hotel uh you know worth whatever billions in Miami Beach instead of buying that instead of buying the equivalent amount of Bitcoin if you bought the Bitcoin you can move that to any city in the world every hour of the

Day compose it decompose it recompose it dematerialize it and you know when there’s a nasty tax on it you can just move yourself to a different jurisdiction where there’s a better tax treatment and uh if you think of it like that then it’s a multi hundred trillion

Doll asset class so at 10 trillion it’s 500,000 at 100 is 5 million so I think you know we’re marching toward $1 trillion which is sorry $10 million a coin which is why Bitcoin enthusiasts see it’s just a very great long-term store of value and it’s a great

Investment idea because it meets the needs of 8 billion people the the average person the middle class person that drives an Uber or works as a dentist they can’t buy $387 worth of a building in New York City every month is their Savings Plan right but and a guy a

Person in Africa can’t buy a small share of a nice piece of property they can’t buy $127 worth of a Picasso painting So Bitcoin offers property rights at any scale any amount of money anybody in the world and you don’t have to worry about will people like picassos will they

Still want buildings in Vegas or New York will some politician tax it away from me well you know can I take it through an airport so if you’re looking for anality Aran utilitarian way for people to save money and protect their life force or protect their economic

Wealth for the next hundred years and you were looking for something that’s kind of consistent with the mobile wave Android phones iPhones websites that’s truly Global yeah I will say though like even with it’s 10 times better what you have is a commercially successful Venture but for example Warren Buffett

Never invested in Microsoft and Warren Buffett never invested in Amazon right even though it’s 10 times better right if you you have enough money and enough power you can ignore stuff you know my dad didn’t use any of the new technology until at some point we gave him a

Television in YouTube and YouTube did it like he didn’t care about all the other things but if you can sit and you can talk to the remote and you can stream on YouTube to anything all of a sudden 80-year-old man decides he loves this

Now and so it has to just click right I kind of knew I tried everything for a decade I knew it wasn’t going to work you know from first observations so I thought well what if I could find a digital gold which was better gold and gold something that is better than gold

But also a big Tech Monopoly and here are my three criteria I wanted to be a better gold and gold I wanted to be a big Tech Monopoly and I want no one else to appreciate it I want it to be underappreciated and that’s what Bitcoin

Was in the second quarter of 2020 the inst no one thought it was an institutional asset even though Amazon stock had doubled in the second quarter Bitcoin was trading about the same as it had been trading in 2018 or 2019 you know it been it got up to 10,000 it had

Smashed down to 4,000 it was back at 10,000 so I looked at and I said well you know based on all the information you would think that a digital property Network or a global digital money network is more valuable knowing that people are losing confidence in currencies losing confidence in central

Banks losing confidence in governments and this is a nons sovereign open decentralized system so it struck me that the fundamentals were good yeah you would think but it wasn’t appreciated so we’re there we have to take a risk we literally have to or we got to sell the

Company right we’re done one way the other it looks like the Facebook of money or the Google of money in the year 2010 or 2011 while 98% of the world doesn’t understand it it’s a bit too complicated they’re afraid of it but just because you don’t understand it

Doesn’t mean it isn’t true it just means you know and I had the experience of riding the mobile wave and I’m the guy in 2011 that bought Amazon Apple Facebook and Google stock you know and they all worked out well so get off the mobile wave get on the crypto wave and

Think that through so that kind of made the decision straightforward it wasn’t without risk but the alternative was pretty much throw in the towel and just get either get Beat to Death fast or Beat to Death slowly and so we got into this business at that time and of course

The last two years have been uh I think fairly good ones in terms of commercialization institutionalization of digital assets I think that it’s pretty stable at this point I think that the great risk came in the first few years it’s just like again coming back

To the metaphor of a fire if you start a fire right and you can put the fire out in the first few minutes but at some point when the fire is taken over the entire Warehouse or it’s broken out into the entire Forest you can’t put fire out

So I think it this point it beyond that event horizon but certainly back in 2012 2011 2013 there a lot of questions like would it be deemed property by the IRS you know would it be banned or outlawed you know online gambling got banned and they just shut it down Dead on Arrival

There so there are a lot of things that that do get squelched this had to get to a sufficiently decentralized diffused point where no one regulator no one nation state would think they could stop it and I think we’re cly they now we you you can see that now with the utterances

Coming out of the White House the Secretary of the Treasury the SEC and the head of the cftc but you couldn’t have been sure about that in 2012 in the world we live in right now before Bitcoin you can have a million dollars in your bank account but it’s credit

It’s the bank says you have it and the bank can take it away from you yes and you can only move it pursuant to their permission to move it and right now the bank doesn’t give you an API to move money there’s no yeah you could have a billion dollars and 10,000 programmers

You can’t create a program that will pay $19 $22 transactions between here and Africa on a Saturday afternoon you just can’t do it and guess what for 30 years you can’t do it and so all progress has come to a grinding halt in the financial world in the absence of money in

Cyberspace because Credit in cyberspace is a monopoly which is uh caught up in a bureaucracy so if we come back to bitcoin what is it really it represents the true digital transformation of money of property of energy of matter right this is four fundamental things the civilization is made of for example can

You figure out how to create a wall in the real world right I I use steel I use bricks I have a brick wall Peter run as hard as you can into my brick wall okay well so you run as hard as you can and

You smash your face and you end up in the hospital you ran into a brick wall you can do that as an engineer in the real world because you have matter and if you of energy you can convert the matter convert into a brick wall you can

Do the opposite right I can aim a gun at the brick wall blow it up or I can burn it and vaporize it right so so we have that in the real world and that’s the basis of the civilization now how do I create a wall in cyberspace see here’s

The idea so what Bitcoin represents it represents the ability to move energy at high frequency like how about a thousand times a second how about move a billion dollars in a second how about you know you’re saying to me why would I ever want to charge somebody a billion dollar

A second what the answer is if someone attacks me 30 million times in 1 second and I charge them $30 an attack it’s going to cost them a billion dollars to do that today a denial of service attack is you know effectively for the price of the electricity and there are no

Consequences and that’s why we have cyber insecurity and we have so much toxicity and you can’t even trust what people post online because they’re probably a bot and they’re not even a real person and you know Peter like every 15 minutes there’s a Michael sailor scam account spun up on YouTube

With 20,000 fake listeners and I spend a million dollars a year taking them down and they just put them up faster than I take them down and there’s just no way to stop it because there is no there are no consequences in that cyber Arena because there is no digital energy to

Create consequences the killer product that 8 billion people want is a simple mobile app that holds US Dollars and Bitcoin and it if you have a currency you have a property it’s a bank in your pocket that’s completely open permissionless and you can you can trade instantly in one second either in a

Currency or in a property with anybody on the planet and no one can take your money away from you and you don’t have to ask permission it would completely dematerialize the entire Financial establishment and it would Empower everybody on Earth to take possession of their life you ever walk into a Bitcoin

Mining Center you hear this wine it sounds like a wine of ornates but Bitcoin itself ultimately is about creating a truthful Ledger and I’ve talked about it it is energy in cyberspace it’s encrypted energy what you’re doing is you’re taking electricity you’re running it through a Shaw 256 modulation and you’re spitting

Out a block of Bitcoin which is encrypted and then you’re putting successive layers of encryption on the blocks over time and which represent reified energy right or reified information and so it is a I describe it as like a fire in cyberspace you know you can think of it as a fire chain

Reaction in cyberspace but you could also think of a swarm creature as very organic because it’s just an organically evolving thing and if you roll the clock back 13 years it was just a few Cipher punks working on it and then it picked up power and now exponential baby

Exponential there’s people in every country and every language working on something and they’re doing it because it’s the the right thing to do and they feel like this is their best hope at creating something truthful that is beyond beyond corruption it’s an Incorruptible beautiful thing so there’s Michael sailor with his

Thought-provoking insights on the current state of crypto markets and the potential of Bitcoin as well as the transformative power it holds sailor believes that recent Market turbulence is all just part of the volatile crypto landscape he sees Bitcoin not just as digital gold but as digital property with the potential to replace

Traditional assets like real estate the speed and programmability of Bitcoin according to sailor gives a utility far beyond that of gold undoubtedly sailor’s unique perspective is fascinating and offers a fresh take on the evolving crypto Market before we go a quick reminder to those who are keen on

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Community and elevate your crypto investment knowledge today anyway guys hope you all enjoyed today’s video and that provided you with some value I’ll see you all in the next one and as always all the best