known for its analytical forecasts and analytics, but for storing bitcoins. The company has more than 92,100 bitcoins in its portfolio. The other day, Michael Saylor said that they will sell shares for $ 1 billion to buy more bitcoins and become the undisputed leader in the market for storing the main cryptocurrency.
He made it clear that the company will hold until the last, no matter what. Bitcoin is the best protective asset against inflation, and now is the time to increase your capital in bitcoins. He said that over the past 12 months, we could see huge inflation. Bitcoin has grown by more than 300% in this period of time, and gold by only six to seven percent. Bitcoin is 40-50 times better than gold as an effective tool during inflation.
He is sure that Bitcoin is ten times more powerful than gold, and he is surprised that institutions do not scale and increase their portfolios by 5-10 times. Every crypto asset must be relevant.
Although Michael Saylor is known for being a passionate supporter of Bitcoin exclusively and does not like to discuss or give forecasts for other altcoins, he also noted that Ethereum has a chance to become globally scalable and have a huge demand among institutions.
The current altcoins have their own specific place in the global ecosystem, as they play the same role as the future digital currency of the Central Bank. He is sure that if you want to build your building on an excellent foundation, then large institutions constantly need to scale 5-10 times.
Bitcoin is the best way to save your money, to save for a new home, to get your kids into college, and to travel. There is no better accumulative instrument than Bitcoin.
The material has been provided by InstaForex Company - www.instaforex.com