Michael Saylor, founder of MicroStrategy (current strategy) and advocate for Bitcoin, claimed that global capital will flow more and more into the digital environment, particularly the BTC network.
Saylor said the US should not overlook the change, saying “it is in the US’s interest that it has as much Bitcoin as possible before other countries can achieve this transformation.”
According to Saylor, it is strategically important for countries, particularly the US, to invest in Bitcoin early, as BTC networks form the basis of future capital flows as a decentralized financial infrastructure.
“All global capital flows into cyberspace, the bitcoin network. If you’ve advised the US, the faster you do it, the more advantageous you will,” he said.
Saylor has implemented an aggressive BTC acquisition strategy under MicroStrategy for the past five years. The company currently holds approximately 582,000 BTC, with a current value of over $63 billion.
Speaking to CNBC last week, Saylor said that the claim that quantum computers pose a threat to Bitcoin is not true, but is merely a marketing tactic for alternative projects. “I’m not worried about that,” he said.
*This is not investment advice.