The MicroStrategy chairman argued the United States, Europe and China would be much more likely to embrace Bitcoin if it were seen as digital property, not a medium of exchange.
Bitcoin (BTC) investors should treat Bitcoin less like a currency and more like a “billion dollar building in cyberspace" — to be held for a hundred years, according to MicroStrategy chairman Michael Saylor.
During a March 11 interview with CNBC, Saylor argued there is a “fundamental misunderstanding” among those who view Bitcoin as a currency, and that Bitcoin’s “killer application” is its ability to preserve capital for hundreds of years.
“It’s going to be controversial if people think of it as a currency, so I would encourage people to think of it as digital currency, a billion-dollar property in cyberspace,” said Saylor.
