Michael Saylor, CEO of MicroStrategy recently spoke about Bitcoin. In a video clip, he called Bitcoin a “kingmaker” or “kingmaker” in French. He also encouraged three countries to adopt Bitcoin to improve the standard of living of their inhabitants.
Michael Saylor is a name known and loved within the cryptosphere. Why ? In addition to being a recognized CEO, he does not hide his love for Bitcoin ! Indeed, his company MicroStrategy is the one that has invested the most in Bitcoin. MicroStrategy currently owns 114,000 bitcoins. Suffice to say that he knows the subject of Bitcoin well. Precisely, let’s take a look at his latest statements.
The Bitcoin “kingmaker” for the CEO of MicroStrategy
In a video, Michael Saylor renewed his belief that Bitcoin can be a game-changer. For him, this is particularly true for countries facing serious economic difficulties. In this video, he didn’t hesitate to qualify Bitcoin as a “kingmaker”, which could be translated into French as “king-maker”.
“Do you want to repair your country like Nigeria or Zimbabwe?” The way you fix your country is to buy $ 2 billion, $ 3 billion of Bitcoin, and you issue Bitcoin-backed currency. (…) And each of your citizens will stop starving. And they will lead a decent life. »Michael Saylor, CEO of MicroStrategy
For him, Bitcoin is the means to lift people out of poverty and increase their standard of living. But Michael Saylor went further in his argument. He directly encouraged two countries to invest in Bitcoin. The two countries mentioned are Nigeria and Zimbabwe. Further on, he also put forward the name of a third country that should look into Bitcoin: Turkey.
El Salvador, the only country to have adopted Bitcoin (for the moment …)
Of course, Michael Saylor does not directly encourage these countries to adopt Bitcoin. To be precise, it evokes the possibility ofbacking the local currency to Bitcoin. However, the intervention of Michael Saylor can only bring to mind the example of El Salvador. Remember that since September 2021, El Salvador has made Bitcoin one of its official currencies.
If his beginnings were sluggish, Bitcoin is gaining in popularity in El Salvador. Moreover, recently, the President of El Salvador returned to Twitter on the success of Bitcoin in the country. He mentioned in particular that more and more dollars were used as currency to buy Bitcoin than as a means of payment.
So, will Turkey, Zimbabwe or Nigeria take the wheel of El Salvador? Unless the surprise comes from another country? In the meantime, one thing is certain, El Salvador acts as a giant laboratory in the eyes of many countries today.
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