Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor

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After the SECGov's enforcement actions against binance and coinbase, the crypto industry is destined to be $BTC focused, says MicroStrategy founder saylor. By amitoj

to dismiss claims that he failed to pay personal income taxes, interest and penalties due for Washington, D.C. However, the court dismissed claims that Saylor and MicroStrategy had conspired to violate the law.

Saylor said that since 25,000 other cryptocurrencies have been angling to position themselves as bitcoin or a better bitcoin, the public now understands that bitcoin is the next bitcoin. He said the"next logical step" is for bitcoin to multiply 10 times in value to $250,000. "Eventually, I have confidence that the crypto exchanges will come around to realising that bitcoin really is the dominant asset in this space, and their business models are fine when bitcoin goes up by a factor of 10," Saylor said.

 

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