MicroStrategy founder and CEO Michael Saylor made a statement that upset gold investors. Bitcoin billionaire Michael Saylor stated that the ideal thing right now is to sell $10 trillion worth of gold and buy BTC instead. However, this comment drew the reaction of gold investors. As Kriptokoin.com, we have compiled the details for you, let’s examine the subject together…
Michael Saylor: You should buy Bitcoin instead of buying gold!
In a recent interview, MicroStrategy founder and CEO Michael Saylor made some very controversial statements. According to Michael Saylor, it has been a lucrative strategy for investors throughout 2021 to sell the yellow metal and buy Bitcoin instead. Michael Saylor also draws attention to the situation in Turkey, emphasizing that BTC is more popular in inflation-dependent economies. Michael Saylor adds the following to his explanations on the subject:
The only thing that Bitcoin (BTC) threatens is gold. The best thing to do right now is to sell all $10 trillion of gold and buy BTC instead. Yellow metal is a dead investment… The worst performing investment asset is gold. There is not much hope for gold on the face of it…
Michael Saylor believes Bitcoin will rise forever
Following the hard gold comments, Michael Saylor states that he believes Bitcoin will rise forever. The famous yellow metal defender Peter Schiff reacted to Michael Saylor’s comments without delay. Peter Schiff, on the other hand, accused Michael Saylor of wasting his investors’ money and said, “It is clear that you will go bankrupt with the Bitcoin ship.”
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