Billionaire Michael Saylor Says Government Can Help Draw Investors to Bitcoin (BTC) – Here’s How PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Billionaire Michael Saylor Says Government Can Help Draw Investors to Bitcoin (BTC) – Here’s How

Billionaire Michael Saylor Says Government Can Help Draw Investors to Bitcoin (BTC) – Here’s How PlatoBlockchain Data Intelligence. Vertical Search. Ai.

MicroStrategy CEO Michael Saylor believes crypto regulation could help attract traditional finance investors to Bitcoin (BTC).

In a new Fox Business interview, Saylor says large investors would get involved in Bitcoin if the government offered regulatory clarity.

“I think it’s an immature asset class that is maturing and I think that any form of regulation is going to be good.

[Whether] it’s the SEC [Securities and Exchange Commission], the CFTC [Commodity Futures Trading Commission], the FASB [Financial Accounting Standards Board], the FDIC [Federal Deposit Insurance Corporation]. If any of them give guidance, the OCC [Office of the Comptroller of the Currency], it’s all going to be good for Bitcoin…

Many people take their cues from the government, like it or not. And so if the government clarifies the difference between a commodity, a security, a currency and how you can use these things, I think that opens up a much easier path for institutional investors, mainstream investors and corporations to get involved.”

According to Saylor, the level of risk exposure when investing in Bitcoin depends on the time horizon and the motivation.

“Bitcoin’s gone through three boom-and-burst cycles in the last two years since we got involved. If you are a short-term investor, this is a high-risk, high-beta, high-volatility asset.

But if you have got a 10-year time view, if you are a long-term investor, it looks like a low-risk store-of-value asset.

So it all comes down to what your time horizon is and what you are looking for out of the asset.”

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Billionaire Michael Saylor Says Government Can Help Draw Investors to Bitcoin (BTC) – Here’s How PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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The post Billionaire Michael Saylor Says Government Can Help Draw Investors to Bitcoin (BTC) – Here’s How appeared first on The Daily Hodl.

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