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Bitcoin Vs. Gold: MicroStrategy’s Michael Saylor Drops Relevant Analysis | CryptoGazette

Bitcoin Vs. Gold: MicroStrategy’s Michael Saylor Drops Relevant Analysis | CryptoGazette


MicroStrategy has been supporting Bitcoin for a really long time now and he continues to do so. His firm has been buying the digital asset despite the market volatility.

Bitcoin vs. gold

Saylor just posted a comparison between Bitcoin and gold and you can check it out below.

Someone hopped in the comments and said: “To be fair, I own both. Because Bitcoin could break, get banned, hacked, ect. Gold can’t break. Nothing to worry about in gold until 30 years from now asteroid mining. BTC you have to worry every day.”

Bitcoin is the only institutional-grade asset

Recently, in a new Bloomberg interview, Saylor says Bitcoin is in a league of its own.

“In the market, there are three things – there’s the blue-chip asset, the institutional-grade asset which is Bitcoin.”

He continued and explained the following:

“And if you want to buy something and hold it for 30 years, in lieu of a bond or a little of cash or other forms of credit, then Bitcoin is that commodity. Store of value. It’s in a class all by itself.

MicroStrategy buys more BTC

A few days ago, we revealed that the company bought even more BTC.

Regarding BTC’s price today, at the moment of writing this article, BTC is trading in the green, and the king coin is priced at $48,418.63.





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