
In recent statements, prominent figures in the cryptocurrency sector, including Michael Saylor and Larry Fink, have emphasized the potential of Bitcoin as a legitimate financial asset and a safe haven. Saylor highlighted that Bitcoin could represent 10-20% of the world's wealth, estimating a future value of $10 million per Bitcoin. He reiterated the significance of Bitcoin's scarcity, noting that there will only ever be 21 million Bitcoins in existence, contrasting this with the unlimited supply of fiat currencies. Fink, CEO of BlackRock, also endorsed Bitcoin as a legitimate financial instrument, while Marathon Digital's CEO Fred Thiel indicated that institutional demand for Bitcoin is expected to rise. The limited supply of Bitcoin is a central theme in these discussions, underscoring its appeal amidst increasing interest from institutional investors.
SAYLOR: BITCOIN’S TRUE POWER IS ITS SCARCITY “The reason that Bitcoin is magical is because there's only 21 million. Bitcoin is a scarcity. Everything else could be manufactured.” Source: Cointelegraph https://t.co/DUc8ybAmpG
SAYLOR’S CASE FOR BITCOIN: 21 MILLION IS ALL WE GET Saylor nails it – Bitcoin’s value isn’t just hype; it’s about scarcity. While the dollar supply can grow endlessly, Bitcoin has a hard cap of 21 million. Source: Cointelegraph https://t.co/yetZeuos56
🔥 JUST IN: @saylor highlights Bitcoin’s scarcity: “Bitcoin is magical because there will only ever be 21 million.” https://t.co/JXNbYDfS1G