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Michael Saylor Says Mounting Global Scrutiny of Bitcoin is Good for the Industry

Amy Liu

Summary: In a new interview with CNBC, MicroStrategy CEO Michael Saylor says that recent criticisms against Bitcoin, including increased government scrutiny and intense volatility, are non-issues. He said, “I think that the banks, their view is they don’t want you to challenge a currency like the US dollar and they want you to pay taxes when ...

In a new interview with CNBC, MicroStrategy CEO Michael Saylor says that recent criticisms against Bitcoin, including increased government scrutiny and intense volatility, are non-issues.

He said, “I think that the banks, their view is they don’t want you to challenge a currency like the US dollar and they want you to pay taxes when you transfer your assets. That’s a totally non event because that’s been the status quo with every asset in the country forever. This is just legitimizing Bitcoin as the apex asset, the best one. And I think it’s good for the industry.”

By Amy Liu

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Link: Michael Saylor Says Mounting Global Scrutiny of Bitcoin is Good for the Industry   [Copy]
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