MicroStrategy CEO Michael Saylor thinks Bitcoin (BTC) will dominate the 21st century as network speed grows.
In an interview with Kitco, Saylor alleges that the Bitcoin standard has found a solution to the “non-independent and non-derivative store of value” problem, referring to Bitcoin’s place in the global economic environment.
MicroStrategy, where he is the CEO of the famous Bitcoin bull, currently has $ 4.5 billion worth of Bitcoin on its balance sheet. The CEO says Bitcoin has been a striking force unlike other big tech companies or innovations of the last century.
The CEO also says that there is a widespread misconception that Bitcoin should be viewed as a currency and therefore can compete with national currencies. Saylor thinks this is more accurately described as a crypto asset and therefore less threatening than stablecoins.