Post
Topic
Board Bitcoin Discussion
Topic OP
Will Michael J Saylor become the richest man in the history of mankind?
by
WeThePe0ple
on 22/04/2023, 12:23:58 UTC
He holds 140 000 BTC at this point. Nearly 1% of all BTC in circulation at the moment belongs to Michael Saylor.

If the monetary system collapses within 10 years and BTC ever reaches 10 million dollars, he will have a net worth of 1 400 000 000 000 USD.

He would be the first trillionaire and surpass Elon Musk/Bernard Arnault 5 times. But in terms of intrinsic value this may not be true. It depends on what happens to the value of their companies and assets.

I wonder what will happen to Saylor while BTC is on the rise. Because of his fame, he can't stay under the radar. It would not surprise me if the US government comes knocking on his door, demanding to confiscate his BTC "to protect the monetary stability". Or they develop prison sentences for known holders of BTC. In that regard he reminds of Jack Ma, the richest man in China who disappeared for months and was supposedly forced to sign off the rights of his company Alibaba.

I believe the future is bright for BTC, but anonymity will be key when banks and governments launch their attack on DeFi