2200: Saylor Predicts Bitcoin Supply Shock as $1M Path Takes Shape

Michael Saylor says the coming quantum era won't break Bitcoin — it will harden it, triggering a supply shock as active coins migrate forward and lost coins remain locked. According to Saylor, security rises, circulating supply tightens, and Bitcoin grows stronger. At the same time, long-term macro forces continue aligning toward a $1M Bitcoin path, with institutional vehicles drawing capital even through volatility. As legacy finance debates quantum timelines and governance tradeoffs, Bitcoin's fixed supply and upgrade path are pushing the network into a new phase. This episode breaks down the supply shock thesis, the governance debate it sparked, and why some believe Bitcoin's long-term trajectory is accelerating, not stalling.