[코인리더스] MicroStrategy CEO “Market cap of $1 trillion Bitcoin, cryptocurrency throne will not be stolen”

“There is no chance that Bitcoin will be replaced,” said Michael Saylor, Chief Executive Officer of MicroStrategy, a New York stock market-listed company that bought a large amount of Bitcoin (BTC).

According to the cryptocurrency media news BTC on the 26th (local time), CEO Michael Sailor, famous for being an avid supporter of bitcoin, commented on the possibility that Bitcoin will lose its crown as a leading cryptocurrency, and that there is no possibility that such a thing will happen. Expressed.

“Bitcoin’s future is bright,” he said. “Even with technical flaws and limitations, price is the main driver of Bitcoin stability and the force that maintains its leading position in the market.” There are technically better and cheaper cryptocurrency projects, but the market still favors Bitcoin.”

He continued, “Bitcoin is a digital currency network with a market cap of 1 trillion dollars.” “The period it took for Microsoft to grow to a market cap of 1 trillion dollars was 44 years, Apple for 42 years, Amazon for 24 years, and Google 22 years. On the other hand, Bitcoin took only 12 years to hit a trillion dollar market capitalization,” he stressed.

In addition, he said, “The low interest rate, continued’money printing’, and the market entry of institutions such as PayPal and Square confirms the position of Bitcoin’s No. 1 cryptocurrency.”

On the other hand, according to CoinMarketCap, an overseas cryptocurrency market relay site as of 8:30 pm on the 27th (Korean time), the global bitcoin (BTC) market is recording about $54,827, up 2.03% from 24 hours ago.

According to the global asset data platform AssetDash that day, Bitcoin is ranked 6th in the global asset rankings with a market capitalization of about $1.22 trillion.