1301: MICHAEL SAYLOR: ‘Gold Will Fail and be Replaced by Bitcoin’

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News - Podcast tekijän mukaan Justin Verrengia

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Gold will "fail" as an asset as people realize that Bitcoin offers superior properties to the yellow metal. That is according to billionaire Michael Saylor, Executive Chairman and Co-Founder of MicroStrategy, a publicly traded company which holds 140,000 BTC. "[Bitcoin] is the digital synthetic successor to gold," Saylor told Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. "Bitcoin is going to appreciate at a faster rate. Gold is going to fail. Eventually people will sell all their gold and buy Bitcoin." Learn more about your ad choices. Visit megaphone.fm/adchoices

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