Bitcoin (BTCUSD)

[ap17]

Nutshell:

THE FUTURE OF BITCOIN 🔮
By 2040, every corporation can expect to work with Bitcoin in some way.

That’s the latest prediction out from Michael Saylor.

Saylor
In his latest interview, Saylor broke down exactly how he sees the future of Bitcoin playing out.

The approval of the Bitcoin ETFs in January 2024 is the beginning of the corporate adoption era.

“2024 kicked off the era of corporate adoption and institutional adoption of Bitcoin.”


Michael Saylor
Saylor believes that 2024 - 2028 will see major banks around the world become Bitcoin custodians:

“This is the period when we’ll see some major banks. Banks in South America, banks in Europe or banks in the US. They will become Bitcoin custodians. Who will be the leader in that space? We’ll know by 2028.”


Michael Saylor
2024 - 2028 will also see large corporations adopt Bitcoin as a treasury asset.

Saylor explains that large corporations typically move VERY slowly on big decisions like these. (think about the number of compliance meetings…)

But as Bitcoin becomes more mainstream, it’ll be clear that it’s the right move.

“This is the year when you’ll start to see large corporations adopting Bitcoin as a treasury asset. We’ll have fair value accounting and it’ll become much more normal. You’ll start to see a universe of 20, 30, 40, 50, 100 companies that have some Bitcoin exposure.”


Michael Saylor
Beyond 2028, Saylor is forecasting “breakneck growth” for Bitcoin.

The next 12 years (2028 - 2040) will see Bitcoin become a growth industry.

And every corporation can expect to work with it in some capacity.

“From 2028 on to maybe 2040… That’ll be just breakneck growth… That’ll be the growth years… From there it will be a growth industry… Every corporation will expect to work with it. Everybody will understand it.”


Michael Saylor
After 2040, Bitcoin will be 30 years old.

Saylor makes the comparison that this period will be like the first 30 years of the internet.

So in Saylor’s opinion, it sounds like we’re still extremely early…