Michael Saylor predicts Bitcoin could hit $49 million by 2045

Michael Saylor’s latest bold predictions about bitcoin’s future have caught the attention of the crypto community. Scott Melker, host of The Wolf of All Streets podcast, recently explored the idea that bitcoin could reach $49 million by 2045 with Altcoin Daily host Austin Arnold

Melker opened the conversation by highlighting Michael Saylor’s astonishing prediction: By 2045, bitcoin could be worth between $3 million and $49 million, with the middle range around $13 million. Melker touched on the grandiosity of such predictions, emphasizing the market’s fascination with exaggerated price predictions.

Austin Arnold shared his perspective, reflecting on Saylor’s reputation as a highly knowledgeable figure in the tech and crypto space. Arnold emphasized that Saylor’s predictions are backed by data, suggesting that it’s not a matter of if, but when, for bitcoin to reach $13 million per coin. He noted that the devaluation of fiat currencies, especially the USD, is inevitable, and that this has increased bitcoin’s value by comparison. Arnold drew attention to the alarming statistic that 40% of all USD printed has occurred in the last four years, and highlighted the government’s tendency to print more money to sustain the markets. He argued that this fiscal irresponsibility is setting bitcoin up for significant gains.

Melker then went on to talk about other notable predictions, such as Cathie Wood’s prediction that bitcoin will reach $1 million by 2030. Arnold responded by sharing that he believes bitcoin could reach $500,000 per coin in the next decade, putting its market value on par with gold. He suggested that if bitcoin were to reach $1 million, it would indicate serious macroeconomic problems.

In conclusion, Melker acknowledged the astonishing nature of Saylor’s $49 million prediction, expressing hope that he would witness such a marvel. Arnold’s insights provided a solid yet optimistic outlook on bitcoin’s future, considering both market fundamentals and broader economic trends.