I recently came across a financial news story that almost made me jump out of my chair. MicroStrategy founder Michael Saylor caused a stir again during a live broadcast in the Middle East—he publicly claimed that Bitcoin reaching $1 million is an "inevitable event," and asserted that Bitcoin's ultimate scale will be ten times larger than gold.

This has gone beyond the realm of "optimism." It’s more like someone betting their entire fortune on this wager—a naked faith expedition.

**A Madman Consistent in Word and Deed**

Anyone can talk big. What truly makes people stare is the real actions behind him. While the market was still hesitating, MicroStrategy deployed nearly $1 billion, quickly acquiring over 10,000 Bitcoins at an average price of around $92,000. Now, the company's treasury holds more than 67,000 Bitcoins, a holding scale that surpasses the reserve assets of most countries.

This isn’t just analyst bravado; it’s a practitioner laying the foundation of his prophecy step by step with real gold and silver.

**Why does he have such confidence?**

In Saylor’s logical framework, Bitcoin is the ultimate evolution of gold. Its absolutely scarce supply, global circulation, and unfreezable, unconfiscatable features—all point in the same direction. His judgment is that in the future, sovereign nations and trillion-dollar corporations will treat Bitcoin as "digital gold" when building their balance sheets, standing shoulder to shoulder with traditional gold, and possibly eventually replacing it.

This isn’t just retail-level hype. From a more macro perspective, it represents an institutional-level, deep-water "asset migration" that could influence how wealth is stored and circulated over the next three hundred years.

**But we need to stay sober**

Looking back, at the beginning of this year, almost all mainstream institutions based their optimistic roadmap on three narratives: "halving cycle," "interest rate cuts," and "spot ETF approval." But what happened? Reality shattered these predictions. History never simply repeats itself according to our expectations, and market consensus is often ruthlessly disproved by facts.

The current situation is indeed a bit delicate. On one side, there are fiery predictions about the vastness of the stars and the sea; on the other, the complex entanglements of the current market. These two forces pull at your mind, and it’s hard to say which side will ultimately prevail. But blindly following the trend is definitely not the solution—independent thinking is the basic skill to survive in this market.