“The next logical step for Bitcoin is to go 10x, and then 10x again. Eventually, I’m sure the cryptocurrency exchanges will come to their senses and realize that Bitcoin is indeed the dominant asset in this space,” said Michael Saylor.

Saylor dismisses altcoins, however. Bitcoin is “the only institutional-grade investment asset in the crypto space,” he says. The entrepreneur notes that Bitcoin’s dominance has grown from about 40% to 48% this year alone.

“When stablecoins and tokens disappear, this long-term dominance will reach 80%,” he added.

Saylor has repeatedly argued that some traditional fiat currencies are subject to inflationary pressures due to economic instability. Unlike conventional money, Bitcoin is resistant to inflation because its supply is limited. Bitcoin could be a viable alternative for individuals and businesses in countries most vulnerable to economic crisis, he believes.

Saylor recently stated that the Bitcoin network could be an effective tool for preventing cybersecurity threats, namely the fight against fake accounts on social networks.#VitaXVT #BinanceTournament #VIPCRYPTOINVEST #Обучение #BitcoinPizzaDay