Michael Saylor bitcoin

'Bitcoin Is Going to Eat Gold': MicroStrategy’s Michael Saylor

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'Bitcoin Is Going to Eat Gold': MicroStrategy’s Michael Saylor

[ad_1] As one well-worn example, Saylor said that gold can’t easily be moved from New York to Tokyo in a few minutes, unlike bitcoin. He also expects bitcoin to divert money away from other risk assets, including the giant SPDR S&P 500 ETF (SPY), and for bitcoin to begin showing up in other funds similar … Read more

Michael Saylor Not Interested in Selling: ‘Bitcoin Is the Exit Strategy'

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Michael Saylor Not Interested in Selling: ‘Bitcoin Is the Exit Strategy'

[ad_1] Bitcoin’s value, currently just over a trillion dollars, is competing with asset classes such as gold, real estate or even the S&P index – all of which have market capitalizations many multiples higher than bitcoin, said Saylor. And bitcoin, argued Saylor, is superior to all of them. [ad_2] Source link