During a discussion with Bitcoin podcast host Robin Seyr, Michael Saylor stated that Bitcoin could be called the perfect means of payment and the future of the financial system. According to him, from an economic point of view, everything that came before Bitcoin became obsolete after its appearance.
“Before Satoshi, economics was a pseudoscience. This is quasi-religious liberal art, full of opinions, prejudices and prejudices. All economists before Satoshi tried to develop the laws of economics using shells, glass beads, pieces of paper and instruments of credit.”
Michael Saylor emphasized that China will also definitely accept cryptocurrency, like most companies in the world.
“Someday in the future, Bitcoin will be worth $10 million and offer economic immortality for corporations,” he said.
According to the investor, if corporations want to extend their life in the global market, they will have to recognize and accept cryptocurrencies as a profitable investment tool.
Earlier, MicroStrategy, one of the largest publicly known holders of Bitcoin in the world, reported to the US Securities and Exchange Commission (SEC) that it had acquired an additional 11,931 BTC for $786 million.
Source: Bits
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