MicroStrategy CEO Michael Saylor explains what would happen if Apple and Tesla follow the example of Paypal and Square. By converting their cash into Bitcoin, he argues, they will generate billions in shareholder value. At the current pace of inflation, cash will lose 15% of its value every year. Bitcoin, on the other hand, is the ultimate store of value and “world’s best long-duration investment. The higher its price goes, the less risky it gets”.
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What Happens If Apple & Tesla Adopt Bitcoin? | Michael Saylor
Michael Saylor, CEO of MicroStrategy and the man who put $800 million in Bitcoin this year, is possibly one of the strongest advocates for the bullish narrative around Bitcoin, despite his skepticism about the same a few years ago. This interview took place on the channel HyperChange (original video below).
0:00 – Why we should rethink money
0:25 – Why cash loses purchasing power over time
2:40 – Why Bitcoin is gold 2.0, and what makes it unique
4:05 – Why Bitcoin instead of other cryptos
5:00 – How the narrative of Bitcoin is shifting: it’s the world’s best long-duration investment
6:01 – Why Bitcoin is an engineering breakthrough
7:47 – Why Bitcoin is the Facebook of money: it’s a network where people and entities can pug into
9:11 – Why Bitcoin is going to keep going up in value
9:51 – Why Apple and Tesla should adopt bitcoin, and what would happen if they do
#MichaelSaylor #BTC #Bitcoin
Full Interview (Credits):
Should Tesla Convert Its Cash To Bitcoin? w/ Michael Saylor
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