During his Friday appearance at Bloomberg, Strategy Executive Chairman Michael Saylor said: Swiss gold bar tariffs Accelerate the transition to Bitcoin.
He emphasizes that the big attraction of Bitcoin is that it is not physical, and that it will stop “no tariffs in cyberspace.” “I don't have any weight. I can settle with anyone or anywhere in a few minutes. The gold is always too heavy to be slow, so I can't ship it to the sea.
Saylor gave an opinion that this will be a new catalyst for another wave of institutional adoption.
Earlier this week, news that the US was imposing tariffs on gold sticks sent shockwaves throughout the bullion market.
The White House is currently planning to issue an executive order that clarifies what is said to be “misinformation.” Report.
Not relying on Altcoin hype
Saylor says he is confident that a large portion of the capital is currently flowing to Bitcoin, dealing with the rise in financing companies pivoting to Altcoins.
The number of Bitcoin finance companies has increased from 60 to about 160 over the past six months, he says.
