The news of the queen of cryptocurrencies is followed very closely and predictions about her future are increasing day by day. The digital asset has been on an upward trend for a few days to the delight of bitcoiners. Many analysts also agree that it is destined for better days. Renowned investor Michael Saylor is one of them and recently shared why he believes bitcoin (BTC) will dominate the cryptocurrency market for a long time to come.
A cryptocurrency endorsed by several US presidential candidates
Fervent defender of the flagship cryptocurrency, Michael Saylor does not hesitate to reframe the detractors of bitcoin (BTC). In an interview with CNBC, the co-founder of analytics and business intelligence firm MicroStrategy once again announced a bright future for the queen of cryptocurrencies.
Mr. Saylor mentioned certain factors to justify himself. He first pointed out that bitcoin (BTC) is endorsed by several US presidential candidates. Indeed, Francis Suarez, Ron DeSantis, Robert Francis Kennedy, all in the race for the White House, are fervent defenders of cryptocurrencies.
Mr. Saylor also points to the interest of BlackRock, Fidelity and many other financial giants for bitcoin. He assures that these companies are now aware of the strong potential of bitcoin (BTC) and know that it is the winning asset.
The only universally accepted commodity
Michael Saylor also spoke on the issue of bitcoin (BTC) regulation. The investor claims to have read thousands of legal documents related to cryptocurrency regulation. It is therefore with full knowledge of the facts that he affirms that the queen of cryptos is the only universally accepted commodity.
Mr. Saylor finally assures that “the future will bring a parade of positives to those who intend to proliferate bitcoin as an instrument of economic empowerment”.
The American entrepreneur is obviously pinning a lot of hope on the largest cryptocurrency by market capitalization. Recently, Michael Saylor predicted a bitcoin (BTC) driven crypto industry based on recent SEC action.
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