Michael Saylor Calls Bitcoin the World’s Reserve Asset but Not so Good for Buying a Cup of Coffee

MicroStrategy CEO Michael Saylor’s 17,732 BTC Holdings Now Worth $1.1B

Viewing bitcoin as an asset rather than as a currency also makes life easier from a regulatory perspective. “All of these regulations … they’re really regulations restraining your use of a digital asset as a currency rather than as a property,” Saylor said, adding that if you acknowledge that, it’s easy to see that the future of the industry is “quite bright.”

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