Bitcoin has been making a lot of headlines these days due to strong adoption and the bullish moves that the coin had in 2021.
Basically, this year BTC managed to hit more new ATHs almost on a daily basis at the beginning of this year.
At the moment of writing this article, BTC is trading in the red, and the king coin is priced at $32,297.10.
It’s been revealed that the CEO of MicroStrategy, Michael Saylor, had some new bullish predictions about the king coin these days.
Bitcoin is growing monetary energy
In a Stansberry Research interview with Daniela Cambone, he explained that Bitcoin is monetary energy that will continue to grow and attract possibly hundreds of trillions of dollars in value on the back of loose monetary policies.
“In a monetary expansion environment where I crank the monetary inflation rate up by 15%, that $300 trillion has got to find a store of value that’s not a fiat derivative,” he said.
He continued and pointed out that “That means that Bitcoin is going to keep growing and its monetary force is going to keep growing, and it’s probably going to grow 200% a year until it has demonetized gold, silver, sovereign debt, bond indexes, stock indexes, every source of monetary energy which is just a store of value for someone that doesn’t want to lose their purchasing power and they need a scarce asset.”
He also said that Bitcoin would continue to grow over the next decade.
Saylor compared Bitcoin to gold and said that BTC is up 300% in the last 12 months and gold is up 15%. He explained that BTC is better property because it’s pure monetary property in cyberspace.
Check out the video above in order to learn what more he had to say about BTC. Saylor has been supporting and boosting BTC for a long time now, and he definitely will continue to do so.