WATCH: Super Bull Michael Saylor Says Bitcoin is ‘The Central Bank of Cyberspace’

??InournewestfreewebinaronFriday,KrakenGrowthLeadDanHeldwelcomedspecialguestMichaelSaylor,theco-founderandCEOofMicroStrategyforadeepdiveintohispersonalinvestmentphilosophyandstrategy.Knownasthe“bullofbulls”inBitcoincircles,SaylordidnotdisappointKrakenclientswatchinglive,arguingtheworld’slargestcryptocurrencyisthesolutiontoa“$250trillionproblem”investorsface–wherecantheysafelystorevalue?

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SaylorbelievesBitcoinistheanswertothatveryquestion,andthatasaresult,investorswillsoonbeina“stampede”toconvertassetslikeequitiesandbondsoutofan“analoguemonetarysystem”intoBitcoin.

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HewentsofarastocompareBitcointoa“forestfire”thatwillspreadexponentiallyasyoungergenerationsbecomeawareoftheneedforastrong,reliablestoreofvalue.

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SaidSaylor:

“Bitcoinisthecentralbankofcyberspace…thatisnevergoingtoscrewyou,andnoone’severgoingtochangetherulesonyou.”

Elsewhere,henotedthenewsthatPayPalwilllaunchitsowncryptocurrencytradingserviceasamajorsteptowardintroducingBitcointomoreusers,andwentontopredicttherewillbeanext,muchlarger,waveofallocationsfrominstitutionalinvestors.

AspeoplekeepbelievinginBitcoin,Saylorconcluded,ithasthepotentialtocompletelyoverhaulthemonetarysystem.

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