đïž Michael Saylor on Big Companies Adopting Bitcoin: No Need for Fear! đ
In a recent podcast interview on Coin Stories, Michael Saylor, the founder of MicroStrategy and a well-known Bitcoin advocate, shared his thoughts on big companies purchasing and holding Bitcoin. Saylor emphasized that there should be no fear of corporate adoption of Bitcoin, as it is a decentralized asset that can be used for various purposes.
Saylor discussed how the rise of Bitcoin will lead to diverse usage scenarios, with different models emerging to meet various needs. He also mentioned that in certain situations, third parties might be involved due to security reasons or other functional needs. For example, users of mobile devices may need to rely on third-party services for crypto transactions.
He stated that Bitcoin will serve as a fundamental layer, with second and third layers enhancing speed and functionality. Major companies like Bank of America and Apple could also play a role in the third layer.
Saylor encouraged companies to be bold in adopting Bitcoin as part of their strategies, suggesting that as Bitcoin becomes more widely accepted, new use cases and security measures will emerge.
This post is not financial advice.