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Bitcoin remains an asset that inspires confidence in “this uncertain world” and is free from government and institutional interference. This was stated by Michael Saylor, president of MicroStrategy,
Bitcoin remains an asset that inspires confidence in “this uncertain world” and is free from government and institutional interference. This was stated by Michael Saylor, president of MicroStrategy, in an interview with Fox News.
tonight, i @TuckerCarlsonshow that reminds everyone that #Bitcoin It is the most certain thing in a very uncertain world. In a market full of chaos, noise and anger, people need a safe place to stand apart from the intervention of a government, institution or company. pic.twitter.com/moVHBOCqGF
— Michael Saylor⚡️ (@saylor) 28 May 2022
Markets have entered bearish territory – bonds act as currency derivatives, losing value along with stocks in conditions of high inflation, according to the head of MicroStrategy.
The senior executive noted that an investor in a hyper-emotional market needs the protection that the first cryptocurrency can provide him.
“Two years after the start of the crisis, the money supply in the United States increased by 36%. The price of gold rose 7%. The S&P index rose 29%, the Nasdaq index – 19%. Bitcoin price has increased by 229%. If you can digest the volatility, you are looking to the future, you have a safe haven out there. Bitcoin is a fair, open, peer-to-peer network that promises anyone who wants to join that what you have is yours and no one can take it from you.” said.
Sailor noted that he will invest in bitcoin as soon as he or the company has extra money:
“I will always buy. We take this decision very seriously. The web is only getting better. Acceptance is growing. Signals are coming in from Washington about the move to constructive regulation. The development of the Lightning Network brings us closer to Satoshi’s promise of allowing anyone in the world to trade with each other at the speed of light. I will always buy from the top […] “Bitcoin is a tool for economic empowerment,” he said.
MicroStrategy has 129,218 BTC on its balance sheet – almost $4 billion at the exchange rate at the time of this writing. Recall that in May Saylor announced that the company has no plans to sell bitcoin.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
