Bitcoin (CRYPTO: BTC) is the world’s largest cryptocurrency. In fact, its market capitalization of $2.2 trillion accounts for more than half of the total value of all coins and tokens in circulation, which stands at $3.8 trillion as I write this.
It will cost you around $110,000 to buy a single Bitcoin right now, but in an interview earlier this year, MicroStrategy (NASDAQ: MSTR) co-founder Michael Saylor said the price for one coin could soar to $13 million by 2045. Then, at a conference in June, Saylor revised his price target to $21 million.
If his latest prediction proves to be accurate, investors who buy Bitcoin today could earn a staggering 18,800% return over the next 20 years or so. But is that realistic?