April 30, 2024

Bitcoin will become the "property of the future" with the greatest potential

Bitcoin will become the “asset of the future” with the greatest potential

Bitcoin has the potential to become the “asset of the future” that will be owned by everyone, from smallinvestors to large technology companies and governments. This opinion was expressed by the head of MicroStrategy, Michael Saylor, in an interview with Bloomberg TV.

The top manager noted that for his company, betting on the first cryptocurrency was the embodiment of "the strategy with the highest growth potential and the lowest risk."

“For some, diversification is buying otherscryptocurrencies or stocks. For us, bitcoin is the same diversification. We see a future in which digital gold will become the basis of technological innovation at Apple, Amazon and Facebook and will take place on the balance sheets of corporations, cities, states and states, ”he explained.

Sailor clarified that the decentralized natureBitcoin will enable IT giants to fight cybersecurity and spam. And Lightning Network technology will be able to guarantee creditworthiness and trust, he added.

"Bitcoin is akin to a game skin instead ofpersonal data for all participants in the interaction in the cyber environment. Killer app is cybersecurity integrated into the international web of trust. [Jack] Dorsey understands that, ”said Sailor.

During the interview, the CEO of MicroStrategy made it clear that his ideas about bitcoin go beyond the ten-year forecast of the company he heads.

“People see digital gold as a tradingtool, but it is actually an exit strategy. The first cryptocurrency is a form of state-free means of preserving capital. The average Twitter user thinks social media will live on average 3,500 years. We think that bitcoin will become "the property of the future," said Sailor.

The head of MicroStrategy added that the firstcryptocurrency is also suitable for trading. He recalled Robinhood's stock exchange debut and advised the platform's management to focus on supporting the new asset class. In his opinion, Bitcoin will remain the epicenter of “traffic and market excitement.”

In October 2020, Michael Sailor announced that he plans to store digital gold for 100 years.

Following the results of the second quarter, MicroStrategy announced its commitment to Bitcoin, despite the unprofitable quarter.

As of June 30, those on the balance sheet105,085 BTC in accordance with GAAP standards were valued at $2.05 billion, the cumulative negative revaluation was $689.6 million (according to the results of the second quarter — $424.8 million).

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Bitcoin will become the “asset of the future” with the greatest potential

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