Michael Saylor: "I'll Buy Bitcoin at $950,000"
In a bold and bullish speech at the BTC Prague conference, Michael Saylor, the CEO of MicroStrategy, presented his 21 rules for digital gold. With thousands of attendees, Saylor's message was clear: "Bitcoin is perfect money."
Saylor emphasized that Bitcoin is a paradigm shift, combining science and economics in a way that will forever change our political and financial systems. He believes that Bitcoin will lead to a new era of economic insight, changing the way we think about the world.
When asked about the price of Bitcoin, Saylor was adamant that he would buy it at $950,000. He recalled his first encounter with Bitcoin in 2013, when he tweeted that its days were numbered. At the time, the price was $892. Saylor later bought his first Bitcoin seven years later for around $9,000.
"I'll buy Bitcoin at $950,000," Saylor declared. "If it's at $750,000, someone will say it's overhyped and overbought. But they'll miss it. They'll buy it at $8 million."
Saylor emphasized that Bitcoin is the only thing in the world that you can truly own. He believes that everything else is only allowed to you by someone else - the government, the state, or a corporation.
"Bitcoin is the perfect money," Saylor concluded. "Your currency is toxic. We live in a world where you're drained by the doctor, injected with junk into your brain, and fed poisonous substances. The orange pill is the cure."
One of Saylor's surprising rules was: "Be for Bitcoin, but not against fiat." He believes that we should focus on what's beautiful and elegant, rather than opposing something else.
As the CEO of MicroStrategy, Saylor's company currently holds 214,400 BTC. The company recently announced plans to take on new debt of $500 million to buy more Bitcoin.
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