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Bitcoin News Alerts | Daily BTC News

844: MICHAEL SAYLOR SAYS BITCOIN WILL 100X - HERE’S HOW!! WHAT CRYPTO GOING MAINSTREAM LOOKS LIKE!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 13 February 2022

⏱️ 22 minutes

🧾️ Download transcript

Summary

MicroStrategy CEO Michael Saylor talked about why bitcoin is the best store of value in a new interview, soon after vowing to stick with buying the digital asset even as it comes under pressure. “There’s a $500 trillion monetary planet and the outer layer is currency, then you’ve got stocks, bonds, real estate. There’s $10 trillion worth of gold in there, $1 trillion of bitcoin in there. Bitcoin is going to flip gold, and it’s going to subsume the entire gold market cap... “Then it’s going to subsume negative-yielding sovereign debt and other monetary indexes until it grows to $100 trillion. Once it gets to $10 trillion, its volatility will be dramatically less,” Saylor said. “As it marches toward $100 trillion, you’re going to see the growth rates fall, the volatility fall, and it’s going to be a stabilizing influence in the entire financial system of the 21st century.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Rated T for Teen.

0:01.5

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0:59.7

In today's show, Bitcoin Network hash rate hits the new all-time high of 248.11, XA hashes per second, further ensuring resilience against the tax of the Bitcoin Network.

1:10.0

And speaking to new all-time highs,

1:11.5

here's the most bullish chart in Bitcoin, the number of Bitcoin addresses, which is always

1:15.6

rapidly increasing, which also hit a new all-time high as well. And as crypto analysts,

1:20.0

me Calvin Day Pop shares here, don't be fooled by any move of Bitcoin during the weekend. In the end,

1:25.0

the price will come back to CME close of Friday. And as pointed out here,

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