Michael Saylor's recent bold predictions for bitcoin's future have captured the attention of the crypto community. Scott Melker, host of The Wolf of All Streets podcast, recently explored the idea Bitcoin could hit $49 million by 2045 with Altcoin Daily host Austin Arnold

Melker opened the conversation by highlighting Michael Saylor's startling forecast: By 2045, bitcoin's price could be anywhere from $3 million to $49 million, with a mid-range of about $13 million. Melker remarked on the grandeur of such predictions, emphasizing the market's fascination with hyperbolic price forecasts.

Austin Arnold shared his perspective, reflecting on Saylor's reputation as a highly knowledgeable figure in tech and crypto. Arnold stressed that Saylor backs his predictions with data, asserting that bitcoin reaching $13 million per coin is not a matter of if, but when. He pointed out that the devaluation of fiat currencies, particularly the USD, is inevitable, driving bitcoin's value up in comparison. Arnold noted the alarming statistic that 40% of all USD ever printed occurred in the last four years, underscoring the government's tendency to print more money to sustain markets. This fiscal irresponsibility, he argued, positions bitcoin to rise significantly.

Melker then mentioned other significant predictions, such as Cathie Wood's forecast of bitcoin reaching $1 million by 2030. Arnold responded by sharing his belief that bitcoin could hit $500,000 per coin within the next decade, aligning its market cap with gold. He suggested that if bitcoin were to reach $1 million, it would indicate severe macroeconomic issues.

In conclusion, Melker acknowledged the staggering nature of Saylor's $49 million prediction, expressing a hope to witness such a marvel. Arnold's insights provided a grounded yet optimistic outlook on bitcoin's future, considering both market fundamentals and broader economic trends.