Michael Saylor, Executive Chairman of MicroStrategy, delivered a keynote address at the BTC Prague conference, predicting a dramatic rise in the Bitcoin price, potentially reaching up to $8 million per coin. Saylor presented his "21 Rules of HODLing Bitcoin," outlining strategies for managing and sustaining investments in a highly volatile environment. He positioned Bitcoin as a revolutionary tool capable of reshaping global financial paradigms, rather than just a financial asset.

Saylor emphasized that understanding Bitcoin's potential is akin to foreseeing a paradigm shift before it fully materializes. He shared his personal journey from initial skepticism to strong support, highlighting the complexity and continuous evolution of Bitcoin. Saylor drew historical parallels, citing significant upheavals like WWII and the rise of communism in Europe to illustrate Bitcoin's value as a non-geopolitical, stable store of wealth.

According to Saylor, Bitcoin offers an equitable opportunity unlike traditional financial systems, providing a safe haven during periods of disorder. He advised taking a proactive approach to investment, emphasizing substantial and thoughtful investment in Bitcoin to safeguard one's financial future. Saylor passionately argued that Bitcoin allows ownership unmediated by any third party, marking a radical shift from historical asset control and protection methods.

Saylor projected a conservative 24% compound annual growth rate over the next decade, setting a potential valuation benchmark and affirming his confidence in Bitcoin's sustained growth. He described the current economic system as flawed, viewing BTC as a remedy for these inherent issues. Instead of attacking the declining fiat system, Saylor advocated a positive stance, urging construction of a new system rather than destructively opposing the old.