Saylor: "Bitcoin Will Go to $0 or $1 Million"

▲ Bitcoin (BTC), Michael Saylor / AI-generated image

Bitcoin (BTC) is being described as standing at a crossroads between two starkly contrasting destinies—either falling to zero or soaring to $1 million—with claims emerging that those who choose Bitcoin will ultimately be the winners.

According to cryptocurrency media outlet U.Today on February 21 (local time), Strategy Chairman Michael Saylor presented two extreme scenarios for Bitcoin’s future value and urged investors to maintain conviction. Saylor asserted that Bitcoin will either fully establish itself as the foundational asset of the global financial system and surpass $1 million, or completely fail and lose all value, with no middle ground.

Saylor argued that the likelihood of the former scenario is overwhelmingly higher, citing Bitcoin’s scarcity and superiority as a digital network. He explained that Bitcoin is a superior digital asset to gold and that the process of a portion of global assets being absorbed into the Bitcoin network has already begun. Even when Bitcoin faces short-term price volatility, the pace of adoption is accelerating, serving as a key pillar of the bullish outlook.

The participation of institutional investors and the launch of spot Bitcoin ETFs have marked significant turning points in Bitcoin’s journey toward $1 million. As Bitcoin enters the core of the traditional financial system, the extreme volatility of the past is expected to gradually diminish, paving the way for a more stable upward trajectory. “Bitcoin is the most sophisticated property right of the 21st century, and owning it is equivalent to owning future wealth,” Saylor emphasized.

Regarding regulatory risks and potential technical flaws raised by some market observers, Saylor maintained a firm stance. He assessed that the Bitcoin network has already achieved sufficient security and decentralization, and that banning Bitcoin would be nearly impossible for governments. He added an extreme interpretation that if Bitcoin were to fail, it would signify not a technological limitation but a collapse of the global financial system.

Amid alternating waves of extreme fear and greed in the Bitcoin market, Saylor’s remarks are serving as a strong psychological support level for long-term investors. While numerous ups and downs are expected before Bitcoin reaches the $1 million milestone, only those with strategic patience are likely to reap the benefits of the digital financial revolution. Bitcoin is currently leading innovation as a store of value and reshaping the global financial landscape.

Disclaimer: This article is for investment reference only, and no responsibility is assumed for any investment losses incurred based on it. The content should be interpreted solely for informational purposes.