Michael Saylor doesn't think Bitcoin is ‘going to be currency in the US ever’

Michael Saylor doesn't think Bitcoin is ‘going to be currency in the US ever’


MicroStrategy CEO Michael Saylor thinks that Bitcoin is more like digital property than digital currency.

He was speaking on the July 15 edition of the “Coin Stories” podcast with host Natalie Brunell. Asked if he thought that Bitcoin was a threat to the U.S. dollar Saylor replied:

“I would call it a digital property, it’s a threat to property, it’s particularly a threat to other forms of property: gold is property, real estate is property. I don’t think the United States government is threatened by real estate or buildings or companies or gold.”

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The comments follow on from Saylor’s assertions earlier this week on the Scott Melker’s Wolf of All Streets podcast, in which he stated that “I don’t really think that Bitcoin’s going to be currency in the US ever. Nor do I think it should be.”

“And what it’s doing is it’s demonetizing other forms of property,” he added as he outlined that people are now weighing up whether to purchase

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