Altcoins News

Story: Bitcoin (BTC) is Not a Solution to Nation States

By Dan Saada

1 / 12

When asked: You see bitcoin as a digital property and not as a currency right?

2 / 12

Micheal Saylor: What you want to do is buy a million or 10 or a billion dollar worth of it and hold it for a decade.

3 / 12

It is better than a building and a building is better than gold, because you can get rent, but with bitcoin in essence you can generate rent by renting it out to anybody on…

4 / 12

When asked: There has been a lot of talk about Russia using Bitcoin to get around the sanctions that are in place. Is this something that you are watching.

5 / 12

Micheal Saylor: I think a lot of people have looked at it. Russia is not using it. I think in 30 years, nation states will probably get it to scale and get comfortable using…

6 / 12

It is not really a solution to a massive nation state.

7 / 12

When asked: Regulation will wind up speeding the adoption of Bitcoin. Will it also be a catalyst to move it higher and if it does, what level are you looking at?

8 / 12

Michael Saylor: I think that Bitcoin is cryptoproperty and a lot of the world is trying to find the difference between a cryptocurrency, cryptosecurity, cryptoplatform, and…

9 / 12

As the regulators layout those bright lines, then you are going to see massive amounts of institutional capital come in to the crypto property space.

10 / 12

I expect regulatory clarity to come in the next couple of years. And bit by bit, as we get more regulatory clarity it is going to be a green light for large institutional…

11 / 12

Michael Saylor: I really think the world wants crypto dollars, like US dollar stable coins and there is a demand for 10 trillion dollars worth of that – everywhere in the world…

12 / 12

The dollar is your checking account and your medium of exchange. And, Bitcoin is your savings account and it is a store of value.

The Currency Analytics

Want the full story?