On the third and last day of the BTC Prague Conference, where Cryptonoticias was present, Michael Saylor, president of Strategy, offered a talk focused on Bitcoin’s growth as a global asset.
During his speech, Saylor reaffirmed his conviction about the future of BTC: “The winning hand is 21,” he said, while projected that, in 21 years, Bitcoin’s price could reach 21 million dollars.
The businessman also highlighted how companies are entering a new competitive dynamic where they compete to become the new Strategy. As this media has reported, multiple companies around the world have replicated their strategy of accumulating Bitcoin as a reserve asset. Among them, Twenty One stands out, which even launched a challenge against Strategy to position itself as the greatest corporate Hodler on the planet.
Saylor recalled that the cryptocurrency industry is adopting Bitcoin because they are understanding that it is the basis of the new financial system, so they need it.
The businessman also reminded the Pioneer Hal Finney, the first user to receive a Bitcoin transaction. Finney, already in 2009, projected that BTC could assert the same as all the wealth of the world, estimating its price in around 10 million dollars per unit. “We are heading there,” Saylor said.
Strategy president mentioned that “Bitcoin is technology, not speculation,” stressing that it is much more than an asset that is simply revalued. He even cited a recent report of the Bank of America, in which Bitcoin was listed as one of the most disruptive inventions of the millennium, along with the Internet, the bulb and the printing press.
