Click here to get this article in PDF
While Bitcoin has actually climbed in mainstream popularity, with institutional adoption climbing at an extraordinary pace, skeptics of cryptocurrencies point out the potential of federal government intervention to forbid its usage as a currency as a factor not to spend.
Michael Saylor, CEO of MicroStrategy, claimed that even if Bitcoin's usage as a type of payment is controlled or perhaps banned, the globe's largest cryptocurrency would certainly still not deal with any kind of hazards to its main use case, which is a store of value, therefore no existential danger needs to be considered.
" I believe that Bitcoin is mosting likely to be the arising solid cash store of worth possession in the 21st century," Saylor informed Michelle Makori, editor-in-chief of Kitco Information. "There are 8 billion people that require a strong money or a financial property. If they're mosting likely to live a good life, that possession needs to be electronic."
0:00 – Bitcoin vs. Ethereum
4:20 – Bitcoin Standard
6:12 – Charlie Munger vs. Bitcoin
14:09 – Is Bitcoin a hazard to the federal government?
19:22 – Bitcoin is a possession, not a money
#Bitcoin #Ethereum #MichaelSaylor
__________________________________________________________________
Kitco Information is the globe's # 1 source of metals market info. Our video clips include interviews with popular market figures to bring you market-affecting understandings, with the goal of helping people make informed financial investment decisions.
Register for our channel to stay up to date on the most up to date insights moving the metals markets.
For even more breaking information, browse through
Follow us on social networks:
Facebook –
Twitter –
StockTwits –
Real-time gold cost and charts:
Live silver price and charts:
Do not fail to remember to sign up for Kitco Information' Weekly Roundup– comes out every Friday to recap the hottest tales & video clips of the week:
Join the discussion @ The Kitco Forums and be part of the premier on the internet neighborhood for precious metals investors:
Disclaimer: Videos are not trading advice and also the sights shared might not mirror those of Kitco Metals Inc
.
Michael Saylor: Bitcoin has no existential threats and will dominate 21st century (Pt. 1/2)
While Bitcoin has risen in mainstream popularity, with institutional adoption rising at an unprecedented pace, skeptics of cryptocurrencies cite the potential of government intervention to outlaw its use as a currency as a reason not to invest.
Michael Saylor, CEO of MicroStrategy, said that even if Bitcoin’s use as a form of payment is regulated or even outlawed, the world’s largest cryptocurrency would still not face any threats to its primary use case, which is a store of value, and so no existential threat should be considered.
“I think that Bitcoin is going to be the emerging strong money store of value asset in the 21st century,” Saylor told Michelle Makori, editor-in-chief of Kitco News. “There are 8 billion people that need a strong money or a monetary asset. If they're going to live a decent life, that asset needs to be digital.”
0:00 - Bitcoin vs. Ethereum
4:20 - Bitcoin Standard
6:12 - Charlie Munger vs. Bitcoin
14:09 - Is Bitcoin a threat to the government?
19:22 - Bitcoin is an asset, not a currency
#Bitcoin #Ethereum #MichaelSaylor
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
