"Conventional critics and mainstream analysts don't get the crypto economy, don't understand bitcoin, and they hate volatility," says Michael Saylor, bitcoin whale and executive chairman of MicroStrategy. In his epic return, he tells our Daniela Cambone that the dominant digital blockchain is a "bumpy lifeboat, a bitcoin lifeboat," and is floating as intended in a murky world of economic transformation. In his new role of Executive Chairman, Saylor explains why his new role as the executive chairman allows him to focus on bridging the gap closer from bitcoin to MicroStrategy. "The market looks like it's bottomed [for bitcoin]," where its fundamentals are emerging as institutional investment grade asset, "being embraced by regulators, legislators, and large-scale investors," he continues. Saylor concludes by arguing, "Bitcoin is going to gradually demonetize gold over time, gold will go to the utility value of gold, but it won't be adopted as money in the 21st century." Video by Stansberry Research.
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