Michael Saylor believes Bitcoin cannot be a currency in the US

Saylor’s commented during the podcast with the host Natalie Brunell:” I don’t think that Bitcoin’s going to be the currency in the US ever.”

Michael Saylor, the MicroStrategy CEO believes that Bitcoin is more like digital property than digital currency. According to Michael Saylor, claiming on July 15 publication of the “Coin Stories” podcast following the host, Natalie Brunell, Questioned if he believed that Bitcoin is a threat to the U.S. dollar Saylor replied:

I would call it a digital property, it’s a threat to the property, and it’s particularly a threat to other forms of property: gold is property, real estate is property. I don’t think the United States government is threatened by real estate or buildings or companies or gold.

Comment from Saylor’s statement, earlier this week with Scott Melker’s, Wolf of All Streets podcast, in which he claimed that

I don’t think that Bitcoin’s going to be the currency in the US ever. Nor do I think it should be And what it’s doing is its demonetizing other forms of property.

He defined that the common people are considering whether to buy Bitcoin rather for formal investments in real estate, stocks, capital for business, or gold.

Since August 2020, MicroStrategy hoards a massive number of bitcoin and presently the firm keeps around 105,085 Bitcoins worth around $3.3 billion at present prices. Saylor confessed to Brunell that if Bitcoin makes new lows, MicroStrategy has no consideration to sell any of the Bitcoin.

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