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Michael Saylor expressed: A rollicking interview with emilychangtv covering MSTR, Bitcoin, ETF, HOOD, Crypto, USD, SHIB, China, and Regulation where I do my best to stay in my lave.
Michael Saylor talking about the Macro Bitcoin Trend: It is all bullish you have got great statements coming out of the senate. You have got great support in Congress. You have got great support from the regulators. You have got 2 ETFs coming online. You read today about ETFs. Perhaps, coming online in Australia. I think the ETF action is bullish for this talk. I think all of the regulatory clarity is going to be really, really good for Bitcoin.
How much does spot ETF matter? I think everybody is kind of perplexed that they were a bit late with this, but I think that there are 40 different ETF applications in place, and in time. And, I think over the next 12 months, we will see more and more ETF. So, I think we will see more options. If this spot EFT comes in the market, I think this is going to be really good for Bitcoin in General and everybody involved in the Bitcoin Ecosystem.
Crypto Trading has normalized? I think we have ebbs and flows. I think Q1 was a pretty big quarter, I think it slowed down after the China Exodus. I think they are heating up right now. You can tell with all the chatter about the various Dog coins and I don’t think that we have seen the last of crypto volatility and crypto enthusiasm and I think that in time we are going to see more of this. The entire crypto market is attracting a huge amount of capital, it is attracting a huge amount of challenge, it is attracting a huge amount of attention.
On Saturday what can you expect when all the markets are closed, crypto is moving, Bitcoin is changing. Twitter is on fire. And, You Tube is working. So, I just think it is a tailor made asset class for the 21st century.
What do you want to do when it comes to stable coin regulation? I think that the United States has the ability to make the US Dollar the world reserve digital currency, and there is enormous demand for dollars in Africa in South America and Asia and there is at least 6 billion people may be 8 billion people that like to get their hands on dollars.
It is clear that the best chance of that is something like a Tether or Circle. There is like a 100 billion dollars circulating between those two coins right now. I think that the entire market is waiting for regulatory clarity and when they get clarity it is possible for these kind of private stable coins to grow by a factor of 10 to 100. We could see a trillion dollars going to ten trillion dollars. I would be good for the US dollar; it would be good for the United States world reserve currency status. And, that would move the entire state of technology forward by leaps and bounds.
