Michael Sailor compares the dollar to bitcoin

by in Cryptocurrency News

Sailor

Michael Sailor, CEO of software giant MicroStrategy, presents the camp of the so-called "bitcoin bulls". His company periodically purchases cryptocurrency and refuses to sell it, even during a bearish cycle.

Sailor stated that the dollar is the world's currency, and bitcoin is a reserve asset. That is the main difference between BTC and the American currency.

MicroStrategy acquired another batch of bitcoins in the fourth quarter of 2021. Now she controls 121,044 BTC for a total amount of up to $ 3.6 billion.

Trending: Dubai World Trade Center To Become a Crypto Hub and Regulator

Sailor stressed that his team is determined to keep coins forever. Despite the restrictive policies of many countries concerning the cryptosphere, it is no longer possible to stop bitcoin. The future of the world economy is behind this instrument, the businessman believes.

The limited emission makes BTC an asset that hedges inflationary risks. In the global financial system, inflation is accelerating, and only an independent instrument can protect investors from its negative consequences.

Sailor emphasized: "So if you have bitcoin, then never sell it."