Bitcoin is Inflation-Proof, Affirms Michael Saylor

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Michael Saylor, CEO of MicroStrategy, listed on NASDAQ business Intelligence and audio company advocate of bitcoin (BTC), in In a recent YouTube interview, he shared his thoughts on currency and its prospects.

Bitcoin is future

Saylor said bitcoin He is the most troubled technology of Our time, and has the power to radically change the way people Think about it money and financing. he thinks that bitcoin It beats gold and is a better value store.

“It was gold store of value for the last 5,000 years, but it’s not best store of value anymore. Bitcoin is digital Gold, which is better than physical gold because more Portable, divisible and safe.”

MicroStrategy CEO Michael Saylor

Moreover, Saylor believes the core bitcoinblockchain technology it can be used for various purposes, including smart contracts, decentralized finance (DeFi), and even app research in voting systems.

For this reason he believes confidently bitcoin Do foundation of a new financial system this will be “more Transparent, safe and effective current system.

Microstrategy CEO firmly believes in bitcoin and its potential transform the financial Industry, he believes and advocates for it bitcoin Do future of money.

Michael Saylor: You can’t print bitcoin

Saylor also believes that bitcoin It will eventually become the world’s reserve currency. in viewBTC is the only anti-inflationary asset in the world.

“she has fixed supply of 21 million coins, and no one can create more. ”

MicroStrategy CEO Michael Saylor

argue that current Paper currency system Flawed because central banks can print so much money as they are want. Subsequently, this drives inflation highercurrency devaluation. However, he thinks so in long run and people You will realize that BTC is the only one asset Immune to inflation.

Despite the recent ups and downs in Cryptocurrency Markets, Saylor remains rising on bitcoin As is saysvolatility is a feature, not wrong. “

Bitcoin is new asset Ch, and still is in its early stages of development. volatility is sign of healthy market And it creates opportunities for investors. ”

MicroStrategy CEO Michael Saylor

He encourages people to think long-term about investment in bitcoin. see a bright future for behind the coin just being store of value. It is considered particularly current bank calamity in The United States was marked by collapse in share the prices of leading regional banks in the past a few weeks.

Kayne Davenport
Kayne Davenport has been a journalist for over 15 years, making him an expert in his field. His educational background includes a Bachelor of Journalism from UT Austin and a Master of Science in Investigative Journalism from Northwestern. Kayne's career spans multiple media outlets. He has been writing for WS News Publishers for the past year, covering finance, politics, and education stories.

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