Bitcoin ( BTC +3.17% ) was created in 2008 by an anonymous developer who used the pseudonym Satoshi Nakamoto. It has since become a recognized store of value among many investors, thanks to its decentralized structure and its capped supply, which creates the perception of scarcity.

A single Bitcoin trades for around $89,700 as I write this, but Strategy ( MSTR +2.88% ) (formerly known as MicroStrategy) cofounder Michael Saylor is betting $21 million per coin might be in the cards by the year 2045. That implies an eye-popping potential upside of 23,300% over the next 20 years.

However, his price target hinges on Bitcoin transforming the entire financial system, which might be easier said than done.

The perfect future reserve asset?

Bitcoin uses a unique system of record

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