Michael Saylor: Bitcoin will demonetize gold

[Michael Saylor: Bitcoin will demonetize gold] On August 14th, former MicroStrategy CEO Michael Saylor predicted that over time, Bitcoin will eventually demonetize gold. In the 21st century, gold will not be used as money. Gold was the metallic currency of the 19th century. Bitcoin will become an institutional investment-grade asset that will be welcomed by major investors, regulators, and lawmakers. A spot-based bitcoin ETF could emerge a year from now. (U. Today)

Other news:

Northern Trust Appoints Michael Buzza as Global Head of Network Management and Market Strategy: Jinse Finance reported that Northern Trust (Nasdaq: NTRS) today announced the appointment of Michael Buzza as global head of network management and market strategy. Buzza, who previously served as head of market advocacy and innovation research for EMEA, will oversee the team within the Digital Assets and Financial Markets Group.

Northern Trust announced the formation of its Digital Assets and Financial Markets Group in June 2022 to unify the digital and traditional market functions of its Asset Services business, providing Whole Office™ solutions to global institutional asset managers and asset owners. (finextra)[2022/9/21 7:11:09]

MicroStrategy CEO: The withdrawal of Chinese capital and mines from the BTC network is beneficial to the rest of the world: Michael Saylor, founder and CEO of MicroStrategy, tweeted today that the downward driving force of Bitcoin is mainly due to the fact that China began mining Bitcoin in May and deal blows. This has caused Chinese capital and mining farms to be forced to withdraw from the Bitcoin network in a hurry. This is a tragedy for China. However, in the long run, this is good for the rest of the world. [2021/6/19 23:49:59]

Site丨Michael Ou: Blockchain provides a shortcut to solve the problem of trust: Jinse Finance reported on the spot on July 3, at the 2018 Asian Blockchain Summit (ABS) held in Taipei, Michael Ou, founder of CoolBitX, said that blockchain The chain provides a shortcut to solve the problem of trust, allowing the system itself or the service provider to return the identity directly to the user, so that the third party gives up control of the user's account, and the user does not need to trust the system or the supplier. In terms of medical insurance and case system data applications, users have ways to control their own data and provide it to an organization. Therefore, the blockchain allows the data users themselves to approve the data and allow it to be effectively transferred. [2018/7/3]