Michael Saylor, the â€˜bitcoin slayerâ€™ that needs no introduction, continues his attacks on everything non-bitcoin, this time unleashing his wrath on gold.
It Feels Great, Says Saylor of Owning More Than 71K Bitcoins
In an interview with Andrew Henderson of Nomad Capitalist, a legal finance advisory, Saylor, condemning gold as a â€œdying assetâ€ and â€œdead money,â€ offered his view of the future of investment: gold is out, bitcoin is in.
To recap Saylorâ€™s ascent to bitcoin supremacy, his firm Microstrategy made headlines for its relentless bitcoin shopping spree during 2020, buying 29,646 coins in December alone. 2021 is no different, with Saylor announcing today another purchase of 295 bitcoins, bringing his total to 71,079.
Hereâ€™s how Saylor explains in the interview his aggressive purchasing behavior
And it seems to be paying off for his firm, as he boasts in this tweet:
Regarding the grim future of gold, Saylor had this to say:
Saylor doesnâ€™t stop at gold. For him, any other form of investment that is not Bitcoin, is just not worth it:
Watch the full interview below ->
What do you think of Gold vs Bitcoin as investment vehicles? Let us know in the comments sections below.
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.