Microstrategy CEO Michael Saylor talked about the future outlook for Bitcoin in an interview. He discussed the institutional adoption of bitcoin, crypto regulation, market volatility, gold versus Bitcoin, and BTC as the world’s dominant digital asset and safe-haven investment.
His company currently hodls 114,042 BTC. He was asked whether he is going to keep stacking Bitcoin at the current price or wait for a further pullback. He replied: “We are going to keep stacking forever.”
On the topic of Bitcoin vs. gold, Saylor was asked whether he thinks “Bitcoin has replaced, or will replace, or is in the process of replacing gold as the store of value for most investors.” Noting the advantages of Bitcoin over gold, such as the ease of transfer the low storage cost, he said: It’s pretty clear that Bitcoin is winning, gold is losing … and it’s going to continue … It’s pretty clear digital gold is going to replace gold this decade.
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