Saylor Proposes Private Credit Built On Bitcoin

24m ago•

Cointribune

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The scene illustrates Michael Saylor's belief that Bitcoin should be held rather than used for everyday purchases. On the left, Saylor protects a gigantic Bitcoin coin in front of a vault filled with cryptocurrencies, symbolizing his long-term accumulation strategy. His raised hand conveys his opposition to spending BTC. On the right, a surprised consumer attempts to pay for groceries with his smartphone, but a prohibition symbol blocks the payment. The ascending arrow evokes Bitcoin's appreciation potential. Overall, it contrasts two visions: Bitcoin as a store of value versus Bitcoin as a means of payment.

A study published by the Bank for International Settlements estimates that Bitcoin does not have the necessary architecture to become an everyday currency. Michael Saylor reaches a similar conclusion but advocates a different solution: keep BTC as capital and build credit products on top of this asset.

L’article Saylor Proposes Private Credit Built On Bitcoin est apparu en premier sur Cointribune.

24m ago•

Cointribune

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