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Can stablecoin US dollars cause ‘every currency other than top dozen to collapse’
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Billionaire entrepreneur Michael Saylor is known for his bombastic metaphors and high ambitions where Bitcoin is concerned. During an episode of the What Bitcoin Did podcast, Saylor spoke to host Peter McCormack to explain why he viewed Bitcoin as a form of energy.
Saylor spent quite some time exploring different forms of energy and their transformations. Pointing out that property could be turned into money, Saylor said,
“Twenty first century, Bitcoin: you can convert the property into money in a few minutes. The commission is 0.1 percent, it’s liquid, you can move it anywhere in the world, and it doesn’t lose its energy, right?”
He finished,
“So is Bitcoin digital money? Yeah. Is it digital property? Yeah. Is it digital energy? Yeah.”
Saylor
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