Executive Chairman of MicroStrategy Michael Saylor recently participated in a fireside chat with Niko Jilch at BTC23, the largest Bitcoin conference in Germany. During the interview, Saylor discussed the increasing interest in Bitcoin from Wall Street, its potential impacts on America, and shared some exclusive insights into the game-changing effects of Bitcoin.
Michael Saylor on Bitcoin’s Impact
During the interview, Saylor also expressed a sense of nostalgia for the current moment, stating, “Right now we’re in this very ideal situation. We’ll remember this time period fondly. We all know what’s about to happen. We know the capitalist are coming… You know the future but it has not manifested itself in the price.”
He went on to explain the potential for ordinary workers to benefit from the current situation by investing in Bitcoin, using a hypothetical McDonald’s employee as an example: “These are the days where you can work at a job at McDonalds and you can make x dollars an hour and go buy bitcoin. And one day you’ll look back and say, ‘I was actually making the equivalent of 8,000 dollars an hour at McDonalds.’ If you actually are smart enough to work at McDonalds and buy bitcoin right now, in ten years you’re gonna realize it was the most lucrative thing you’ve ever done in your entire life.”
Wall Street’s Growing Interest
Wall Street has suddenly caught fire for Bitcoin, with BlackRock’s CEO, Larry Fink, dubbing it a digital asset and putting in a request for a Bitcoin Spot ETF. Bitcoin isn’t just shaking up the financial scene; it’s also become the talk of the town in the political arena during the presidential election.
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