迈克尔·塞勒（Michael Saylor）说

策略（纳斯达克：MSTR）创始人兼首席执行官迈克尔·赛勒（Michael Saylor）是比特币（Crypto：BTC）公牛的最声音之一

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，亿万富翁投资者和战略创始人（NASDAQ :)（NYSE：MSTR），迈克尔·赛勒（Michael Saylor）在未来几十年中一直对比特币（Crypto：BTC）价格增长（Crypto：BTC）做出一些非常乐观的预测。

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.

在最近的一次采访中，塞勒说，他预计比特币的价格将在未来20年内以30％的年率上涨，最终将其价格带入了每枚硬币1300万美元的球场。作为参考，其价格目前约为104,000美元，因此，至少在面部，Saylor的投影似乎非常雄心勃勃，与梦幻般的接壤，甚至有些人形容为妄想。

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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.

当然，如果在过去的15年中我们学到了一件事，那就是您永远不想低估比特币使投资者感到惊讶的潜力。

The math is actually pretty favorable here

数学实际上在这里非常有利

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.

在过去的10年中，比特币的价格上涨了43,820％。这使其复合年增长率（CAGR）为84％；在过去的五年中，其复合年增长率为62％。因此，相对于硬币的历史表现而言，Saylor预测的增长率的纳普金数学似乎是保守的。

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?

让我们强调这一点：Saylor对比特币的预测是基于一种情况，在这种情况下，它的表现始终如一地比过去更差。但是这种增长实际上会发生吗？

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.

如果确实如此，那肯定不会发生，以至于硬币的价格每年都以有序的方式上涨。在比特币的历史中，多次崩溃已经发生了多达80％的崩溃，类似的暴跌可能会再次发生。值得注意的是，资产已从所有这些崩溃中恢复过来，然后继续达到更高的高点。它可能会重复这些模式。

Image source: Getty Images.

图像来源：盖蒂图像。

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.

在当前时代，还有少数比特币价格的司机，即使它不能像塞勒（Saylor）的依靠那样，它也使其成为有吸引力的资产。政府，机构投资者和主要公司都在评估是否将其持有资产负债表，还是已经收购了它。现货比特币交易所交易基金（ETF）使投资者更容易获得资产。这甚至是进入其价格绩效的长期驱动因素，例如其减半时间表和涉及硬币协议中的稀缺性。

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，所有这些趋势都将在未来10到20年内对硬币的价格造成上调，并在较短的任期内提供提升，因为大量资本的指挥官实施了比特币战略。

Even Saylor is advising you not to bet the farm

甚至塞勒（Saylor）也建议您不要打赌农场

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.

所有这些都是说，Saylor对比特币的长期轨迹很正确。没有明显的障碍可以阻止资产以他的预测呼吁加剧。

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

尽管如此，他明确警告不要辞掉您的日常工作，希望硬币的价格赞赏将为您的个人理财带来一天。也不