MicroStrategy CEO and Bitcoin bull Michael Saylor says there’s no chance Bitcoin will be used as currency in the US.
Saylor has been a prolific Bitcoin supporter ever since MicroStrategy added the top crypto asset to its balance sheet in August of 2020.
Despite his advocacy for Bitcoin, Saylor tells crypto analyst Scott Melker that he believes it’s better for BTC if it is viewed as property rather than as currency.
“I don’t really think that Bitcoin’s going to be currency in the US ever. Nor do I think it should be. I really think logically it should be treated as property. It’s like owning a building, or owning a bar of gold, or owning a share of stock. It’s property.
And what it’s doing is it’s demonetizing other forms of property. If you have a million dollars and you have to choose whether you buy collectibles or a house or a second house or an ETF or