Yesterday, a first occurred for the cryptocurrency sector as a U.S. president attended a crypto-focused conference for the first time.
US President Donald Trump attended the Digital Asset Summit held in New York yesterday and gave a speech.
Even though Trump did not personally attend, he stated in his video that he would make the USA a Bitcoin superpower and the capital of cryptocurrency.
While Trump’s participation made a big splash, many important names also attended the conference. One of them was Michael Saylor, the founder of Strategy (, formerly known as MicroStrategy).
Saylor, who reiterated his support for Bitcoin, made a $13 million price prediction for BTC.
Saylor stated in his speech at the Digital Asset Summit that he believes Bitcoin will reach 13 million dollars in 20 years.
Saylor stated that the fixed supply of 21 million coins makes BTC a unique store of value, unlike traditional commodities such as gold and oil, which have increasing supply as technology advances.
Saylor, who pointed out that gold, seen as a safe haven, has experienced hyperinflation several times, argued that at this point Bitcoin is the only true asset.
Saylor is known for his calls to buy BTC as well as his support for Bitcoin. Saylor, who argues that BTC is the only real asset, stated that Europe and the Euro will need Bitcoin.
Michael Saylor made headlines with his post during a time when Europe was facing pressure from the U.S.'s cryptocurrency policies.
Saylor “EUR will need BTC” said.
Because Trump’s signing of an executive order proposing the establishment of a cryptocurrency reserve owned by the US government has raised concerns among Eurozone leaders about the future of the Euro.