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TechFlow news: MicroStrategy CEO Michael Saylor said BTC will become a more valuable asset than gold in the future.
He stated, "Bitcoin is at least digital gold. It will consume gold, possessing all the great attributes of gold without any of its flaws."
He also expects Bitcoin to draw capital away from other risk assets, including the giant SPDR S&P 500 ETF (SPY), and anticipates Bitcoin will begin appearing in other funds.
MicroStrategy CEO Michael Saylor said BTC will become a more valuable asset than gold in the future. He stated, "Bitcoin is at least digital gold—it will consume gold, possessing all of gold's great attributes without any of its flaws." He also expects Bitcoin to draw capital away from other risk assets, including the massive SPDR S&P 500 ETF (SPY), and anticipates Bitcoin will begin appearing in other funds.
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