Michael Saylor Sees Bitcoin Becoming Global Store of Value by 2031

• Michael Saylor, the co-founder and executive chairman of American business intelligence firm MicroStrategy, has shared his thoughts on what will happen to bitcoin (BTC) in the next eight years.
• He believes that institutional adoption is one of the first drivers of the digital asset’s global store of value status in the coming years.
• Saylor sees bitcoin becoming a global store of value by 2031.

Michael Saylor, the co-founder and executive chairman of American business intelligence firm MicroStrategy, recently gave his insight into what will happen to bitcoin (BTC) in the next eight years. In an interview with Cory Klippsten, the founder and CEO of Swan Bitcoin, Saylor spoke about the potential of bitcoin to become a global store of value by 2031.

Saylor believes that institutional adoption is one of the first drivers of the digital asset’s global store of value status in the coming years. He noted that the involvement of institutions is a major factor in the potential of bitcoin to become a worldwide standard of value storage. Saylor pointed out that the institutional investors are currently driving the price of bitcoin up and it is likely to continue in the coming years.

Furthermore, Saylor stated that in the next eight years, bitcoin will become a mainstream asset class with a variety of uses. He believes that bitcoin will become a part of everyone’s portfolio, whether they are a retail investor, an institutional investor, or a high net worth individual. He added that the digital asset will be available at the click of a button, making it easier for anyone to access.

Moreover, Saylor noted that the number of financial products related to bitcoin will increase in the future. According to him, this will make it easier for investors to access the asset class, as well as provide more opportunities for them to make money. He also believes that more companies will continue to use bitcoin as a treasury asset to diversify their portfolio and hedge against inflation.

Finally, Saylor believes that the rise of DeFi protocols will further fuel the growth of bitcoin in the coming years. He stated that the emergence of DeFi projects, such as Uniswap, will make it easier for people to access and use bitcoin. He also noted that DeFi protocols will help to increase the liquidity of bitcoin, which will result in more people using the digital asset.

All in all, Saylor believes that bitcoin will become a global store of value by 2031, driven by institutional adoption and the emergence of DeFi protocols. He anticipates that the digital asset will become a mainstream asset class with a variety of uses and more financial products related to it. With more people using bitcoin, he also sees it becoming easier to access and use the digital asset.