What gives Michael Saylor such confidence that Bitcoin is completely secure and its price will perpetually increase?

Michael Saylor’s confidence in Bitcoin’s security and its consistent long-term appreciation is rooted in several key factors, which he frequently discusses:
Decentralization and Security: Saylor often highlights Bitcoin’s decentralized nature as a primary factor contributing to its security. Unlike traditional financial systems or other cryptocurrencies that may be controlled by specific entities, bitcoin is maintained by a global network of nodes and miners. This decentralization makes it resilient to attacks, censorship, and manipulation.
Scarcity and Monetary Policy: Bitcoin’s fixed supply of 21 million coins is a fundamental principle that Saylor believes underpins its value. This scarcity is akin to finite resources like gold, providing a built-in deflationary aspect that he argues will drive up value over time as demand increases alongside adoption.
Technological Foundation: The blockchain technology that supports bitcoin is seen as robust and revolutionary. Saylor and many other proponents view it as a technological advancement akin to the internet itself, potentially transforming financial systems globally.
Adoption and Institutional Support: Saylor points to the increasing adoption of bitcoin by both individuals and institutions as evidence of its staying power. As more entities adopt Bitcoin, its network effect strengthens, potentially leading to greater price stability and increase. Institutional investments add legitimacy and liquidity, reducing volatility and enhancing upward price momentum.
Hedge Against Inflation: In the face of monetary policies that often result in currency devaluation, Bitcoin is viewed by Saylor as a hedge against inflation. He argues that as fiat currencies lose purchasing power, Bitcoin’s fixed supply and decentralized nature offer a store of value that is immune to inflationary policies.

It’s essential to note, however, that while Michael Saylor’s views are influential, they represent a bullish perspective on Bitcoin. The future price of Bitcoin is uncertain and subject to various market forces and unforeseen circumstances. Therefore, while Saylor expresses great confidence in Bitcoin’s enduring growth and safety, it’s important for individual investors to conduct their own research and assess risks independently.