Banking collapse is a ‘political decision’; all the big banks will custody Bitcoin

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Published May 23, 2023

In part 1 of this three-part interview, Michael Saylor, Executive Chairman and Co-Founder of MicroStrategy, claims that Bitcoin's credibility has improved over the past year in the midst of crypto collapses and bank failures. He told Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, that banks, nonprofits, and governments will eventually own Bitcoin. Claiming that he is a 'Bitcoin realist,' Saylor also discussed Bitcoin's role as an inflation hedge and store of value, contrasting it against gold.

Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Michael Saylor on Twitter: @saylor (https://twitter.com/saylor)

0:00 - Bitcoin vs. other assets
3:30 - Adoption
9:06 - Bitcoin realism
15:31 - Regulation
18:35 - Saylor's Bitcoin moment
27:31 - Bitcoin strategy
31:22 - Can Bitcoin fail?
36:42 - Inflation
40:34 - Banking collapse

#bitcoin #crypto #banking
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