Michael Saylor WARNING! The TRUTH About Ethereum and Alt-Coins | Latest Interview
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Bitcoin is the highest, most dominant, digital property network. Think of it as granite blocks in cyber-Manhattan. Then you’ve got digital currency – that’s like tether and stablecoins – they want to be money markets in cyberspace, and so they’ll be like the CBDC dollars. Then you’ve got digital applications like ethereum.
It’s actually an ideal situation, because our stock was trading about $120 a share with $60 a share in cash. Our investors told us that cash was trash, it was a liability on our balance sheet. If we had given it all back, we would be trading at $60 a share.” – asked whether getting so heavily into bitcoin is what MicroStrategy’s investors want the company to be doing. MicroStrategy is trading at around $616 a share.
The world is waking up to the fact that bitcoin is digital property on an open monetary network. That’s pretty profound, because it’s going to spread to billions of people on the planet.
About Michael Saylor:
Michael J. Saylor is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services.
Credits:
Saifedean Ammous (Full unedited video) https://youtu.be/eRvBj7j24B0
Original Post Date: 17 December, 2021.
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