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MicroStrategy/Saylor: Everyone in the world needs 3 currencies

“Everyone in the world needs 3 currencies,” said Michael Saylor, CEO of MicroStrategy. You want to leave an asset to your grandchildren and children that can last in the next 60-100 years. “Bitcoin represents that out there,” he said.

“The asset that we will see as a safe haven for investors will be Bitcoin. I think you have to keep this in mind. When we look back at 2, 4, 6, 8 years, Bitcoin surpasses gold, silver, bonds, all currencies as leverage for inflation. At the same time, there is a very serious decline in the US dollar. You don’t go to resources that can run out, 99.9 percent of your money can go,” he said.

“Changing to the dollar is a very short-term solution. Bitcoin is like buying real estate. It creates an economic escape from the risks brought by the systems. Even if they turn the whole computer in China against Bitcoin, they can’t stop it. We are talking about such a secure system.”

Saylor said, “I think everyone in the world needs 3 currencies. The first is your own local currency. For example, you need Turkish Lira to pay your taxes and to shop. On the one hand, you need a global currency like the dollar. Thirdly, you want to leave an asset to your grandchildren and children that can last in the next 60-100 years. Bitcoin represents that out there. “Bitcoin is seen as a long-term investment tool,” he said.

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