Banking collapse is a ‘political decision’; all the big banks will custody Bitcoin - Michael Saylor

In part 1 of this three-part interview, Michael Saylor, Executive Chairman and Co-Founder of MicroStrategy, claims that Bitcoin’s credibility has improved over the past year in the midst of crypto collapses and bank failures. He told Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, that banks, nonprofits, and governments will eventually own Bitcoin. Claiming that he is a ’Bitcoin realist,’ Saylor also discussed Bitcoin’s role as an inflation hedge and store of value, contrasting it against gold. Follow Michelle Makori on Twitter: @MichelleMakori () Follow Kitco News on Twitter: @KitcoNewsNOW () Follow Michael Saylor on Twitter: @saylor () 0:00 - Bitcoin vs. other assets 3:30 - Adoption 9:06 - Bitcoin realism 15:31 - Regulation 18:35 - Saylor’s Bitcoin moment 27:31 - Bitcoin strategy 31:22 - Can Bitcoin fail? 36:42 - Inflation 40:34 - Banking collapse #bitcoin #crypto #banking __________________________________________________________________ Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news. SUBSCRIBE to our channel to stay up to date on the latest market and industry news. For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at To get market updates on the go, download the Kitco Gold Live! APP - Stay connected: Twitter - Instagram - Facebook - LinkedIn - StockTwits - Live gold price and chart: Live silver price and chart: Live crypto market data: Learn more about Kitco News: For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.