BTC statement from CEO, who owns a huge number of Bitcoin

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The CEO of the world’s largest public business intelligence company says she expects Bitcoin’s price to triple annually until it demonizes other store of value assets.

Bircoin monetary energy source

In an interview with Daniela Cambone at Stansberry Research, Michael Saylor explains that Bitcoin is the monetary energy that will continue to grow and possibly continue to attract hundreds of trillion dollars in value thanks to loose monetary policies.

“In the monetary expansion environment where I increased the monetary inflation rate by 15%, this $ 300 trillion needs to find a store of value that is not fiat derivative. This means that Bitcoin will continue to grow and its monetary power will continue to grow. It also means that it will likely grow by 200% a year until it demonizes gold, silver, government debt, bond indexes, stock indices, every monetary energy source.

In this case, I can’t really see an end. I think that in the next decade it will increase at a fairly proportional rate to what it has done in the last decade. “

Left the gold behind

The Bitcoin bull also points out that the flagship crypto asset is surpassing gold at a time when the precious metal should shine.

“In the last 12 months, Bitcoin has increased 300% and gold has increased 15%. If you want a year for gold to perform, a year of political instability coupled with monetary expansion, this is the best year I can remember in my life. Maybe you were going through something in the 70s, but in the last 20 or 30 years, this environment was the year gold should have won, but it didn’t happen. “

Additionally, Saylor highlights features that make Bitcoin a better store of value than gold and real estate.

“Now, why is Bitcoin a better feature? Because it is pure monetary ownership in the cyberspace. It has no weight. Therefore, I can move it at the speed of light. There is no jurisdiction. The gold needs to enter a vault in Manhattan or London, and some banks, some counterparties and some governments have some control. I can’t move a billion dollars of gold with my head from one side of the planet to the other in a few seconds.

If you have a hundred million dollars and bought land in California, the California governor has some power over the value of the land. The state can damage the property… With Bitcoin, the government cannot damage the property so easily. The laws of physics do not harm existence, and software engineering enhances existence. “

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