Poisonjuoice
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In an interview with CNBC, the CEO of Microstrategy claims that Bitcoin will emerge as a $ 100 trillion asset class, growing 100 times from where it is today. Saylor added that cryptocurrency is winning the battle against gold as a global store of value: "The safe haven for institutions is to use Bitcoin as a store of value," noting that "Bitcoin is the only ethical, technical and legal refuge. across the entire cryptocurrency ecosystem ". The reporter finally asked Saylor if the company intends to accumulate Bitcoin at the current price or if it will wait for the price to drop: "We will continue to buy forever," said Saylor. Microstrategy currently holds 114,042 BTC.
Because it is important?
Michael Saylor confirms his vision on Bitcoin by aiming for ambitious goals. To achieve them, Bitcoin will have to establish itself as a global store of value thanks to its unique properties, including ease of transfer and low cost of custody, gradually replacing gold. Following this path, Bitcoin could come to represent over 5% of the world economy, absorbing capital from all financial sectors and the real estate market, and eventually become the world monetary index. Saylor also highlights how only Bitcoin represents a guarantee of security in the world of cryptocurrencies, being wary of all the others, which are considered structurally not very solid.
Because it is important?
Michael Saylor confirms his vision on Bitcoin by aiming for ambitious goals. To achieve them, Bitcoin will have to establish itself as a global store of value thanks to its unique properties, including ease of transfer and low cost of custody, gradually replacing gold. Following this path, Bitcoin could come to represent over 5% of the world economy, absorbing capital from all financial sectors and the real estate market, and eventually become the world monetary index. Saylor also highlights how only Bitcoin represents a guarantee of security in the world of cryptocurrencies, being wary of all the others, which are considered structurally not very solid.