Michael Saylor: Bitcoin Price Will Reach IDR 735 Billion By 2045

Michael Saylor; Bitcoin price will reach IDR 735 billion in 2045 (Photo; Doc. Bloomberg)

JAKARTA - Microstrategy Executive Chair Michael Saylor shocked the global crypto community with its projection: Bitcoin prices could reach IDR 735 billion per coin by 2045. This statement was made at a Bitcoin conference that took place in Nashville, Tennessee.

In his presentation, Saylor dissects the Bitcoin price scenario carefully. Amid the uncertainty, he highlighted two extremes: a pessimistic scenario at a price of IDR 45 billion and a moderate scenario at a price of IDR 195 billion. However, the most striking is Saylor's optimism which illustrates the extraordinary potential of this digital currency.

Reporting from Bitcoin.com News, Saylor emphasized that Bitcoin is not just a speculative asset. He sees it as a balance to inflation, entropy, and a devaluation that undermines the value of traditional assets. In his vision, Bitcoin is a digital gold' capable of reshuffling the global economy. With long-lasting and anti-inflational digital capital, Bitcoin has the potential to replace the role of financial and physical assets of the 20th century.

Tech company Microstrategy has proven its commitment to Bitcoin. As the first company to be listed on Nasdaq with a Bitcoin portfolio worth IDR 125 trillion (226,331 BTC), Microstrategy is the pioneer in adopting this digital asset.

Saylor even further. He proposed the discourse that the US government should hold a majority of Bitcoin in the world. Likening Bitcoin as a Cyber Manhattan, Saylor sees it as a future asset that is equivalent to gold reserves and historical land ownership. For him, the future of the country lies in cyberspace, and Bitcoin is a new foundation for global financial stability.