Summary
Bitcoin’s value has surpassed a trillion dollars and is now competing with asset classes like gold, real estate, and the S&P index. Michael Saylor argues that Bitcoin is superior to these traditional assets despite their higher market capitalizations.
Key Points
1. Bitcoin’s value is currently over a trillion dollars, putting it in competition with asset classes such as gold, real estate, and the S&P index.
2. Despite the higher market capitalizations of these other asset classes, Michael Saylor argues that bitcoin is superior to all of them.
3. Saylor’s belief in bitcoin’s superiority may indicate his confidence in its long-term potential and value as an investment.