Michael Saylor said that in 10 years, no one’s opinion about Bitcoin will matter.

The former CEO of Microstrategy explained how Bitcoin is heading towards another level of development and no one will be able to control its trading price.

Microstrategy is a Nasdaq-listed business intelligence company known globally for its Bitcoin balance sheet holding 193,000 BTC. In August 2020, Microstrategy began adding Bitcoin to the company’s balance sheet under the leadership of Michael Saylor. In August 2022, Saylor decided to step down from his CEO role and use his time full-time on Bitcoin-related financial decisions.

On March 2, 2024, Michael Saylor shared his thoughts on Bitcoin over the next decade.

Saylor said we are in the midst of a gold rush for Bitcoin, and that in the next 10 years, 99% of all Bitcoin will have been mined. An additional 1% of Bitcoin will be mined in the next 100 years.

According to Saylor, after 2034 we will enter a stage in Bitcoin where the opinions or statements of individuals/regulators/governments will not matter to Bitcoin.

Indirectly, Saylor said that over the next 10 years, new rules and laws will be introduced for Bitcoin, but after that, Bitcoin will perform outside of any kind of restrictions or market trends.

Due to the rapid rise in Bitcoin trading price, most of the mainstream media coverage is talking about Bitcoin.

Popular Bitcoin commentator and gold advocate Peter Schiff claimed that CNBC Media has abandoned gold amid the Bitcoin bull market.

bitcoin price action

Bitcoin (BTC) is currently trading at $61,830 and is up 57% in the last three months. Over the past seven days, the transaction rate has surged 21%.