Taiwan Web3 YouTuber “Bonnie Blockchain” recently interviewed MicroStrategy founder Michael Saylor. In the interview, Michael Saylor detailed his optimistic views on Bitcoin and its impact on businesses, countries, and even the global economy.
(Prior context: How did MicroStrategy succeed? Bloomberg: Bitcoin holdings surpass IBM, Nike’s asset reserves; stock price up 20 times in five years)
(Background supplement: Bitcoin surges 10% to “break $89,000” new high! MicroStrategy adds another 27,000 BTC, stock price soars)
We know that as the leader in Bitcoin holdings among U.S. public companies, MicroStrategy has transformed from an obscure tech company into a super Bitcoin giant with a market capitalization exceeding $69 billion since announcing its continuous investment in Bitcoin in August 2020. This transformation has also spurred more public companies to adopt Bitcoin reserve strategies.
On the 16th of yesterday, Taiwan Web3 YouTuber “Bonnie Blockchain” released a video featuring an interview with MicroStrategy founder Michael Saylor. In the interview, Saylor elaborated on his optimistic views on Bitcoin and its impact on businesses, countries, and the global economy. The following is a summary of his main points by DoinG.
Bitcoin brings a capital revolution
Saylor stated in the interview that Bitcoin is not just a digital currency; its value lies in its ability to optimize capital structure and disrupt traditional financial systems:
The high volatility of Bitcoin is an advantage
Looking back at Bitcoin’s development history, we can see that it has experienced significant volatility after each bull-to-bear transition. However, Saylor pointed out that he does not agree with the traditional financial view that volatility equals risk. On the contrary, he believes that volatility is a manifestation of vitality:
Bitcoin can help countries and businesses improve their economic status
Saylor further noted that from a national perspective, Bitcoin can assist other countries or regions, especially those unable to directly access U.S. financial markets, in improving their economic status and further breaking free from the control of traditional capital markets:
For businesses, Saylor added that due to the dominant position of tech giants in the industry, many small companies face the risk of being eliminated. However, adopting a Bitcoin strategy could help these companies break through their challenges:
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