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In a conversation interview With CNBC, Michael Sailor, the co -founder of the strategy, repeated his biotcoin (BTC), by predicting cryptocurrency can reach a stunning market roof of $ 200 trillion.
Silor expects $ 10 million per bitcoin
Its value is currently estimated at about $ 2 trillion, and Sailor believes that the Bitcoin track will see that it grows to 20 trillion dollars, and in the end it reached a brand of 200 trillion dollars, translated into an approximate price of 10 million dollars per btc Based on its covered supplies of 21 million coins.
Sailor attributes this potential growth to a global transformation in investing capital, saying: “The capital comes from abroad … from China, from Russia, from Europe, from Africa, from the twentieth century to the twenty -first century.”
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He expected him against the backdrop of President Donald Trump's recent announcement of the creation of a strategic encoding reserve, which will include BTC Besides Ethereum (ETH), XRP, Solana (Sol), and Cardano (Ada), which ignited a hot discussion inside the financial circles and encryption.
While Silor Confess The Bitcoin reserve is only, and it supports Trump's broader strategy that includes multiple encrypted currencies. He emphasized, “There is no way to explain this, unlike this bishop, and it is optimistic about the entire American encryption industry.”
Although some conservatives, such as Coinbase Brian Armstrong and co -founder of Gemini Tyler Winklevoss, have called for more restricted policies centered on bitcoin, Silor indicated that the president's approach allows more comprehensive economic policy.
Sailor rejects the concerns of fluctuations
When asked about his involvement with the White House, Sailor confirmed that he was in discussions with various legislators, Democrats and Republicans, as well as members of the Council of Ministers and Administration.
“For four and a half years, I was talking about Bitcoin for anyone, anywhere in the world, every day.”
Silor argues that the creation of a strategic bitcoin reserves can provide the United States with an important Economic advantagesIncluding the ability to reduce the national debt.
Silor assumes, “If the United States takes a position in the emerging encryption economy, if it buys 10, 20 % of the Bitcoin network, we will pay the national debt. Why isn't that in the interest of the United States?”
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Treating concerns about notorious bitcoin fluctuations, Silor pointed to its historical history Long -term gainsConfirm, “I don't think anyone lost his money in the Bitcoin network you hold for four years. You are supposed to want to buy Bitcoin, you want to keep it for 100 years.”
The American encryption reserves proposal remains in its infancy, and Silor indicated that his success will be highly dependent on the legislative decisions taken in the coming months.
“There are dozens of people: the head of the Treasury, the Supreme Education Council, the CFTC, the Trade, the Public Prosecutor, the President … both Republicans and Democrats,” he pointed out, with a focus on a variety of opinions that will affect the result.
At the time of this report, BTC found support at about $ 83,869 after spreading losses of 7 % and 6 % over the 24 -hour and seven days in a row.
Distinctive image from Dall-E, Chart from TradingView.com
The post Michael Saylor Envisions Market Cap Climbing To $200 Trillion first appeared on Investorempires.com.