[ccpw id="39382"]

HomeCrypto NewsMarketMichael Saylor Says He Would Take 0.5 Bitcoin: Details

Michael Saylor Says He Would Take 0.5 Bitcoin: Details

Date:

Written By:

Follow Us On

Pro-Bitcoin MicroStrategy founder Michael Saylor reiterates his admiration of the Bitcoin, the premier crypto asset, noting he would take 0.5 BTC to dinner with himself.

In response to an X poll by Altcoin Daily, the staunch Bitcoin evangelist noted that he would prefer to receive half of 1 bitcoin than spend dinner with himself. Saylor insinuated he would rather receive a reward in Bitcoin than meet with any active promoter of the premier asset.

- Advertisement -

 

Saylor has often asserted the difference holding a portion of Bitcoin could make in an investor’s financials. He once noted that owning just 0.1 bitcoin can be life-changing, comparing the asset to Manhattan in cyberspace.

The Bitcoin Evangelist

Saylor has often stressed how Bitcoin will transform the global monetary system. On several occasions, he has noted that holding fiat currency or investing in most other traditional investment vehicles would result in asset loss.

The Bitcoin evangelist noted that inflation and other government policies were devaluating one’s wealth. In an interview earlier in the year, Salylor stated that the dollar had lost 90% of its financial value over the last 20 years, and the only option out of this menace is to invest in Bitcoin.

Notably, Saylor’s tweets have reflected his commitment to spreading the Bitcoin gospel, as he has often argued for Bitcoin’s superiority over other assets. Per a previous tweet thread, he has made several claims about Bitcoin.

- Advertisement -

He has also emphasized the financial implication of buying into Bitcoin, with MicroStrategy as a case study. On September 22, Saylor showed that MicroStrategy’s stock, MSTR, has been the top performer in the S&P 500 in the past four years, posting a growth of 1,071%.

Saylor stated that MSTR’s bullish performance is due to its adoption of Bitcoin as a primary treasury reserve. He further asserted that any entity could replicate such success by acquiring Bitcoin.

Saylor’s Bitcoin Predictions

The pro-Bitcoin founder’s ambitious price predictions back his theory that owning 0.1 BTC could be life changing. Per an earlier report, Saylor stated that Bitcoin would hit $13 million by 2045.

The Bitcoin staunch believer stated that increased adoption of the asset would drive the price uptick, noting that he sees the premier asset accounting for 7% of the global market’s capital. Putting the speculation into perspective, Bitcoin’s market cap would surge to $257.26 trillion, up 20,251% from the current valuation.

With the $13 million valuation, the 0.5 BTC that Saylor noted he would take will be worth $6.5 million. This aligns with his assertions that any amount of sats an investor holds could transform his financial life extensively.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

More from Author

Latest Stories

Guides