Michael Saylor: Why Bitcoin standard is what 8 billion people need for decent life (Pt. 2/2)

124 Aufrufe

  • Danke für die Bewertung! Teile es mit Deinen Freunden!

    Danke für Deine Bewertung!

admin
Published
As concerns rise about inflation, one of the ongoing debates amongst investors is which financial asset would serve as the best long-term, store of value. Michael Saylor, CEO of MicroStrategy, argues that the dominant store of value in the 21st century must be digital, and ideally, this monetary asset takes the form of the Bitcoin standard.

“You want to fix your country like Nigeria or Zimbabwe. The way you fix your country is you buy 2 billion, $3 billion worth of Bitcoin. And you issue currency back to buy the Bitcoin. That is the Bitcoin standard. And every one of your citizens stopped starving to death and they live a decent life,” Saylor told Michelle Makori, editor-in-chief of Kitco News.

Still, skeptics remain. Bill Maher, host of the political talk show Real Time with Bill Maher, has recently criticized Bitcoin by saying “There is something inherently not credible about creating hundreds of billions in virtual wealth with nothing ever actually being accomplished and no actual product made or service rendered. It’s like Tinker Bell’s light. Its power source is based solely on enough children believing in it.”

0:00 - Bill Maher vs. Bitcoin
4:45 - Bitcoin and energy consumption
16:05 - Government regulation of Bitcoin
18:45 - Bitcoin price projection
29:10 - "Bitcoin will make the world a better place"
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/


Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Kategorien
Bitcoin
Kommentare deaktiviert.

Als nächstes

Яндекс.Метрика Top.Mail.Ru