The needless “Bitcoin Killer” Michael Saler continued to attack everything other than Bitcoin, this time releasing his anger against gold.
Saylor has more than 71,000 bitcoins, it feels great
In the interview Andrew Henderson (Andrew Henderson) Nomad Capitalist, Saylor’s legal and financial adviser, condemned gold as a “dying asset” and “dead money”. He put forward his views on the future of investment: gold has been eliminated and Bitcoin is pouring in.
In order to recapitulate Saylor’s rise in Bitcoin dominance, his company Microstrategy made headlines by relentlessly buying Bitcoin during 2020. Buy 29,646 coins Only in December. 2021 is no exception. Thaler today announced the purchase of 295 bitcoins again, bringing his total to 71,079.
MicroStrategy has purchased approximately 295 Bitcoins at a cash price of US$10 million, with an average price of approximately US$33,808 per transaction #bitcoin.right now we #hodl Approximately 71,079 bitcoins were acquired at a price of US$1.145 billion, with an average price of approximately US$16,109 per bitcoin. https://t.co/lmj3QCgKbw
-Michael Saylor (@michael_saylor) February 2 2021
This is Saylor’s way of explaining his aggressive buying behavior in the interview
This is a long-term safe-haven asset. You cannot downgrade it. If you look at the long term from ten, twenty, thirty years, owning Bitcoin is like encrypting your currency energy in a way that can protect it, but it won’t be reduced in the long run.
As he said in this tweet, this seems to have paid off for his company:
Regarding the grim future of gold, Saylor said:
Gold is dead money. Sell your gold and buy Bitcoin, because other people will sell their gold. If you wait until the hedge fund sells the gold, you will be the last one.
Celer will not stop at gold. For him, any other non-bitcoin investment is not worth it:
View each asset class in the past six months. Look at gold, look at Nasdaq, look at Standard & Poor’s, look at bonds. They are all hacking. They will not go anywhere. What’s wrong with Bitcoin’s work. It has increased three or four times, but it can be said to be three times easier.
Watch the full interview below ->
What do you think of gold and Bitcoin as investment tools? Let us know in the comments section below.
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