Bitcoin Is “Magical” and Gold Just a Commodity – Michael Saylor

In a recent episode of the PBD Podcast, MicroStrategy CEO and renowned Bitcoin bull, Michael Saylor, told host Patrick Bet-David that Bitcoin is the only scarce asset known to humanity.

While all other assets could, if time permits, continuously be created and accumulated, Bitcoin is strictly limited at a 21 million supply, Saylor told Bet-David:

“I can create more real estate in New York City. I can create more cars. I can create more luxury watches. I can create more gold. I can create more shares of a stock. I can create more bonds.”

Stating that Bitcoin is just “magical”, Saylor went on and called them commodities:

“I can create any commodity; they’re commodities by definition. Given enough money and time, I can create infinite of any of them.”

On Thursday the MicroStrategy CEO tweeted that wars can push the adoption of Bitcoin to new levels and included a reference to a Wall Street Journal article which explained how Russia’s invasion of Ukraine has already led to a rise in global inflation levels.