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Bitcoin offers ‘economic immortality,’ will reach $10M per coin Michael Saylor, the outspoken executive chairman and co-founder of business intelligence company MicroStrategy, recently sounded off on the virtues of Bitcoin — including claiming it’ll reach $10 million per coin and that the entire nation of China will get behind the cryptocurrency — in an 84-minute podcast interview. In the above video’s intro, bites of Saylor making the bodacious price claim, “the cost of Bitcoin’s going to go up to ten million dollars a coin,” flash alongside quotes given in the entrepreneur’s typical bombast:“What’s the difference between perfect money and imperfect money? Perfect money is economic immortality. Imperfect money is: we all have a short, brutal life.” Ultimately, Saylor’s point revolved around the idea that companies that invest in Bitcoin are positioned to last longer than those that remain mired in the corporate malaise of old. As to exactly how this would work, Saylor appears to have that figured out as well. Aside from directly stating that he believed the Chinese people and government would embrace Bitcoin, he gave his prediction that, sometime in the future, a single Bitcoin will be worth $10 million. #news #Bitcoin #China #MicroStrategy

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Interest on deposits at Jun 24 📊