In this episode of the Impact Theory podcast, Michael Saylor shares his insights on the future of Bitcoin, predicting its price could soar to $13 million per coin. He attributes this potential surge to a growing interest from institutional investors, particularly highlighting BlackRock's support and the trend of companies strengthening their balance sheets with Bitcoin. Saylor emphasizes that Bitcoin serves as a more reliable store of value compared to traditional fiat currencies, which are vulnerable to inflation. He also underscores the distinction between currency as a medium for transactions and capital as a store of value. Additionally, Saylor outlines MicroStrategy's strategy of using Bitcoin to develop financial instruments that facilitate broader institutional involvement in the cryptocurrency market.
