This is post is taken from the Frequently Asked Questions.
This is the $1 million dollar question. Or maybe we should say the 15.7 BTC question.
No one knows this answer exactly. But you can almost say with certainty that over a long enough time frame, it will go up in fiat price. It is the world’s most pristine money. No more can be printed, it cannot be debased. As Michael Saylor famously said: It’s going up forever, Laura. (https://www.youtube.com/watch?v=zTPoRDrtc0s).
While they say that past performance is not indicative of future performance, here are some charts and tables showing how bitcoin has done historically:
While volatile, overtime it looks to be a much better store of value in terms of maintaining and growing purchasing power than any other major asset has been.
Michael Saylor gave a keynote speech at the Bitcoin Conference in Nashville 2024 where he outlines his case for Bitcoin through the year 2045 (21 years from now).
At the time of the presentation, Bitcoin was 0.1% of total global assets at market cap of $1.3T with a price of $65k.
Saylor’s bear case places Bitcoin at 2% of global assets in 2045 with a fiat price of $3 million per bitcoin. Market cap of $68T.
Base case of $13 million per bitcoin at 7% of global assets and a market cap of $280T.
Bull case of $49 million per bitcoin at 22% of global assets and a market cap of $1,030T.
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