1301: MICHAEL SAYLOR: ‘Gold Will Fail and be Replaced by Bitcoin’ - a podcast by Justin Verrengia

from 2023-06-03T17:03:42

:: ::

Gold will "fail" as an asset as people realize that Bitcoin offers superior properties to the yellow metal. That is according to billionaire Michael Saylor, Executive Chairman and Co-Founder of MicroStrategy, a publicly traded company which holds 140,000 BTC.

"[Bitcoin]is the digital synthetic successor to gold," Saylor told Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. "Bitcoin is going to appreciate at a faster rate. Gold is going to fail. Eventually people will sell all their gold and buy Bitcoin."
Learn more about your ad choices. Visit megaphone.fm/adchoices

Further episodes of Crypto News Alerts | Daily Bitcoin (BTC)

Further podcasts by Justin Verrengia

Website of Justin Verrengia