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Michael Saylor, a well-known Bitcoin advocate and co-founder of MicroStrategy, shared his latest Bitcoin price prediction at the ongoing Bitcoin 2024 conference in Nashville.
During his keynote speech, Saylor forecasted that Bitcoin could be valued at over $13 million per coin by 2045, an increase from his previous prediction of $10 million per coin in June.
In addition to his price prediction, Saylor also discussed investment strategies at the conference, suggesting that enthusiasts could leverage their investment portfolios to allocate more funds to Bitcoin.
He emphasized the potential benefits of financing assets for Bitcoin, reallocating assets to Bitcoin, and relocating to tax-friendly jurisdictions to maximize investments in the cryptocurrency.
Saylor's recommendations extended to corporations and nation-states, highlighting the advantages of adopting similar strategies for increasing Bitcoin exposure.
Furthermore, he addressed the limitations of physical assets, citing the impact of entropy on their value over time.
Saylor emphasized that unlike physical assets, Bitcoin is not susceptible to the same dilution of value, making it an attractive long-term investment.
