Microstrategy CEO says Bitcoin will subsume gold market cap

“There’s $10 trillion dollars worth of gold in there, $1 trillion in bitcoin. The bitcoin is going to flip gold and it’s going to subsume the entire gold market cap,” he said in the CNBC interview. “Then it’s going to subsume negative yielding sovereign debt and other monetary indexes until it grows to $100 trillion dollars.”

Saylor also told CNBC that Bitcoin is not for spending and not really a currency and that it’s for saving. MicroStrategy is a major corporate backer of the digital currency, and is engaged in an almost $1 billion convertible note offering with proceeds going to buying bitcoin.

$Blue

This guy is scared shitless . Too F$$king bad . Baby having a bad potty day ?

The deception of the rich to the POOR 

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

MicroStrategy CEO says bitcoin will one day have $100 trillion market value even as price dives'Bitcoin is going to flip gold and then it's going to subsume the entire gold market cap,' michael_saylor says. Its volatility will begin to decrease once it hits $10T, he adds. michael_saylor ⬇️⬇️⬇️⬇️ michael_saylor michael_saylor More good news please(((
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

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منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »