Recent event “Bitcoin Atlantis” saw MicroStrategy founder Michael Saylor make bold predictions about the future of Bitcoin. Based on the launch of spot Bitcoin ETFs and the flourishing development in the field of autonomous artificial intelligence, Saylor predicts that the next decade will witness an institutional battle for Bitcoin similar to the modern-day gold rush.
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MicroStrategy Founder: Entering a Strong Growth Period in 2035
Supply Factors
Catalysts: ETF and AI
Shift in Environmental Perspective
Global Adoption and Financial Innovation
Praising Bitcoin’s Resilience with the Example of Nigeria
Digitization Gold Rush Driven by Innovation
The supply limit of the Bitcoin network is set at 21 million, and it is currently approaching the mining limit. Approximately 93.5% of Bitcoin has already been mined. Saylor predicts that by 2035, 99% of the total Bitcoin supply will be mined, indicating a transition from the discovery phase to a period of strong growth.
The current introduction of spot Bitcoin ETFs is changing the way investors interact with Bitcoin, becoming a crucial distribution channel. However, Saylor foresees that as traditional financial institutions begin to facilitate Bitcoin transactions, significant investments will become extremely easy and can be completed within an hour.
Additionally, the integration of Bitcoin with autonomous AI technology is expected to further amplify the demand. With the convergence of digital and AI fields, Bitcoin becomes increasingly indispensable as a foundation element for network security and the “truth system.”
Saylor also addresses the environmental issues associated with Bitcoin mining. As the network becomes more energy-efficient, the focus of political and environmental scrutiny shifts to the energy demands of AI technology. This shift is seen as an opportunity for Bitcoin to alleviate its environmental criticisms.
Investment strategist Lyn Alden responds to Saylor’s views by emphasizing the transformative impact of national adoption of Bitcoin. Countries that embrace Bitcoin can experience tangible economic benefits, from creating financial centers to attracting capital. Despite some countries’ hesitation due to concerns about weakening their currencies, the global trend is moving towards adoption and integration.
In the group discussion involving Michael Saylor, the unintended promotion of Bitcoin through capital control by oppressive regimes is also mentioned, with Nigeria’s thriving peer-to-peer market serving as a typical example. These scenarios highlight the inherent power of Bitcoin to overcome regulatory barriers and pave the way for a more inclusive and accessible financial future.
Based on the above, these speakers believe that as we stand at the beginning of a decade of Bitcoin transformation, the interaction between ETFs, AI, and global adoption narratives paints a picture of a digital gold rush. With its limited supply and expanding utility, Bitcoin not only survives scrutiny and challenges but also lays the foundation for unprecedented growth and innovation in the digital age.
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Further Reading
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