Bitcoin

Michael Saylor, the visionary crypto entrepreneur behind MicroStrategy, recently predicted that the major traditional financial institutions would eventually become custodians of the world’s largest cryptocurrency, Bitcoin. According to Saylor, custody of Bitcoin by big banks would be a prerequisite for the widespread adoption of BTC as a mode of payment.Michael Saylor’s comments came during a recent <a href="https://www.youtube.com/watch?v&#61;Onzd5QxKaGQ" rel="noopener noreferrer nofollow">interviewsiew</a> with Kitco News. During the interview, the crypto entrepreneur reflected on various issues, including the adoption of Bitcoin, crypto regulation, and the recent turmoil in the traditional banking industry. Saylor also highlighted BTC’s potential as an inflation hedge and a store of value.Speaking on Bitcoin’s performance since he started investing in it in August 2020, Michael Saylor pointed out that the flagship cryptocurrency had outperformed mainstream investment vehicles, including gold, silver, and the S&amp;P 500. For Saylor, Bitcoin’s appeal as an alternative investment has led to MicroStrategy acquiring over 140,000 BTC in less than three years.Read full article at <a href="https://cryptotale.org/big-banks-will-custody-bitcoin-says-microstrategys-michael-saylor/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Big Banks Will Custody Bitcoin; Says MicroStrategy's Michael Saylor

CryptoTale

Các bài viết khác được xuất bản trên 23 thg 5, 2023

Authorized volume of cryptocurrencies by our governments: Apple and Google, real loopholes?

Shiba Inu’s price rises as the burn rate explodes

Analyzing the Implications of the Proposed Bitcoin Mining Tax: Insights for Crypto Firms in the USA

BOS: MORE THAN JUST A FRONT-END

Avely Finance launches liquid staking on Zilliqa mainnet

How to Stake Ethereum on Binance

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!