China News by Thebittimes.Com

Michael Saylor, an active BTC proponent, is once again echoing calls to buy Bitcoin. In one of Saylor’s recent interviews, the former CEO of Microstrategy was noted giving a new, compelling Analysis on why the United States should dump its gold and invest in Bitcoin, a move that would help America become the new superpower in all sorts of ways and mannerisms. Also Read: Ripple: New Price Analysis Claims XRP To Hit $8, Here’s How? A New Financial Anatomical Structure To Emerge? Source – CryptoSlate Michael Saylor is an ardent Bitcoin enthusiast. He is known exclusively for his firm adoration for BTC, and he leaves no stone unturned to promote Bitcoin proceedings on the global front. Saylor was recently documented stating Bitcoin facts in a new interview, commenting on how the era of Trump presidency is transformative for the domain of Bitcoin. The former CEO of Microstrategy was quick to suggest how the US must dump their gold to invest in BTC, due to the array of benefits the cr...

Bitcoin is becoming like digital gold. This major shift comes from Federal Reserve Chair Jerome Powell, who says the leading cryptocurrency competes with gold, not regular money. Bitcoin’s price is now close to $100,000, changing how the financial world sees digital assets. This view from the top U.S. banking official marks a big change in how we think about cryptocurrency in global finance. Also Read: Shiba Inu: How High Will SHIB Go When Bitcoin Hits $115,000 Bitcoin’s Potential as Digital Gold: Impact on Investment, Security & Regulation “People use Bitcoin as a speculative asset. It’s like gold, it’s just like gold—only it’s virtual, it’s digital,” Powell said at the summit. Bitcoin has grown from a new technology into something many see as valuable, like gold. More investment firms now include Bitcoin in their portfolios, treating it similarly to how they treat gold investments. Market Volatility and Investment Security Bitcoin’...