Lex Fridman: So you think it crosses a million — it can go even higher?
Michael Saylor: Yeah I think it keeps going up forever. I mean, there’s no reason we couldn’t go to $10 million a coin, because digital property isn’t the highest form, right?

Lex Fridman: So the Bitcoin price has gone through quite a roller coaster — what do you think is the high point it’s going to hit?

Michael Saylor: I think it’ll go up forever. I mean, I think Bitcoin is going to climb in a serpentine fashion. It’s going to advance and come back and it’s going to keep climbing. I think that the volatility attracts all of the capital into the marketplace, and so the volatility makes it the most interesting thing in the financial universe. It also generates massive yield and massive returns for traders, and that attracts capital. Like, we’re talking about the difference between a 5% return and 500% return. So the fast money is attracted by the volatility. The volatility’s been decreasing year-by-year-by-year — I think that that it’s stabilizing. I don’t think we’ll see as much volatility in the future as we have in the past.

Coin price

if you consider digital property that’s a $100-$200 trillion dollar addressable market, so I would think it goes from $10 trillion to $100 trillion as people start to think of it as digital property.
Lex Fridman [timestamp 3:03:08]: What does that mean in terms of price per per coin?
Michael Saylor: At $500,000, that’s a $10 trillion dollar asset. At $5 million, that’s a $100 trillion dollar asset.