邁克爾·塞勒（Michael Saylor）說

策略（納斯達克：MSTR）創始人兼首席執行官邁克爾·賽勒（Michael Saylor）是比特幣（Crypto：BTC）公牛的最聲音之一

Recently, billionaire investor and the founder of Strategy (NASDAQ:) (NYSE:MSTR) SEOmoplognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoomodulognoom, Michael Saylor, has been making some incredibly optimistic predictions about the price growth of Bitcoin (CRYPTO:BTC) during the coming decades.

最近，億萬富翁投資者和戰略創始人（NASDAQ :)（NYSE：MSTR），邁克爾·賽勒（Michael Saylor）在未來幾十年中一直對比特幣（Crypto：BTC）價格增長（Crypto：BTC）做出一些非常樂觀的預測。

In a recent interview, Saylor stated that he expects the price of Bitcoin to rise at a 30% annual rate during the next 20 years, eventually bringing its price into the ballpark of $13 million per coin. For reference, its price is currently about $104,000, so Saylor’s projection appears to be, at least on its face, extraordinarily ambitious, bordering on fantastical, or perhaps even what some would describe as delusional.

在最近的一次採訪中，塞勒說，他預計比特幣的價格將在未來20年內以30％的年率上漲，最終將其價格帶入了每枚硬幣1300萬美元的球場。作為參考，其價格目前約為104,000美元，因此，至少在面部，Saylor的投影似乎非常雄心勃勃，與夢幻般的接壤，甚至有些人形容為妄想。

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Of course, if there’s one thing that we've learned during the past 15 years, it's that you never want to underestimate the potential of Bitcoin to surprise investors.

當然，如果在過去的15年中我們學到了一件事，那就是您永遠不想低估比特幣使投資者感到驚訝的潛力。

The math is actually pretty favorable here

數學實際上在這裡非常有利

During the past 10 years, the price of Bitcoin rose by 43,820%. That puts its compound annual growth rate (CAGR) at 84%; during the past five years, its CAGR was 62%. Therefore, the back-of-the-napkin math for Saylor’s predicted growth rate looks to be on the conservative side relative to the coin’s historical performance.

在過去的10年中，比特幣的價格上漲了43,820％。這使其複合年增長率（CAGR）為84％；在過去的五年中，其複合年增長率為62％。因此，相對於硬幣的歷史表現而言，Saylor預測的增長率的納普金數學似乎是保守的。

Let's emphasize that point: Saylor's forecast for Bitcoin is based on a scenario in which it would consistently perform significantly worse than it has in the past. But will this growth actually happen?

讓我們強調這一點：Saylor對比特幣的預測是基於一種情況，在這種情況下，它的表現始終如一地比過去更差。但是這種增長實際上會發生嗎？

If it does, it certainly won't occur such that the coin's price marches upward each year in an orderly fashion. Multiple crashes of as much as 80% have already happened in Bitcoin's history, and similar plunges will probably happen again. Notably, the asset has recovered from all of those crashes and gone on to reach higher highs afterward. It's more probable than not that it will repeat those patterns.

如果確實如此，那肯定不會發生，以至於硬幣的價格每年都以有序的方式上漲。在比特幣的歷史中，多次崩潰已經發生了多達80％的崩潰，類似的暴跌可能會再次發生。值得注意的是，資產已從所有這些崩潰中恢復過來，然後繼續達到更高的高點。它可能會重複這些模式。

Image source: Getty Images.

圖像來源：蓋蒂圖像。

In the current era, there are also a handful of drivers for Bitcoin's price that make it an attractive asset to hold even if it isn't capable of growing by as much as Saylor is banking on. Governments, institutional investors, and major corporations are all evaluating whether to hold it on their balance sheets, or are already acquiring it. Spot Bitcoin exchange-traded funds (ETFs) are giving investors easier access to the asset. And that's before even getting into the long-term drivers of its price performance, like its halving schedule and the scarcity that's baked into the coin's protocol.

在當前時代，還有少數比特幣價格的司機，即使它不能像塞勒（Saylor）的依靠那樣，它也使其成為有吸引力的資產。政府，機構投資者和主要公司都在評估是否將其持有資產負債表，還是已經收購了它。現貨比特幣交易所交易基金（ETF）使投資者更容易獲得資產。這甚至是進入其價格績效的長期驅動因素，例如其減半時間表和涉及硬幣協議中的稀缺性。

So all of those trends will contribute upward pressure on the price of the coin during the next 10 to 20 years, as well as providing boosts in the shorter term as the commanders of large volumes of capital implement their Bitcoin strategies.

因此，所有這些趨勢都將在未來10到20年內對硬幣的價格造成上調，並在較短的任期內提供提升，因為大量資本的指揮官實施了比特幣戰略。

Even Saylor is advising you not to bet the farm

甚至塞勒（Saylor）也建議您不要打賭農場

All of this is to say that Saylor could well be right about Bitcoin's long-term trajectory. There isn't any obvious barrier that would prevent the asset from compounding at the pace his forecast calls for.

所有這些都是說，Saylor對比特幣的長期軌跡很正確。沒有明顯的障礙可以阻止資產以他的預測呼籲加劇。

Nonetheless, he explicitly warns against quitting your day job in hopes that the coin's price appreciation will carry the day for your personal finances. Nor

儘管如此，他明確警告不要辭掉您的日常工作，希望硬幣的價格讚賞將為您的個人理財帶來一天。也不