The post Bitcoin to Demonetize Gold – Michael Saylor Predicts the Future of Gold Investment appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
In an interview with Kitco, Michael Saylor, the former CEO of MicroStrategy, predicted that Bitcoin would demonetise gold. “Gold was metallic money for the 19th century,” he said while adding that gold will not be adopted as money in the 21st century. He predicted that a spot-based Bitcoin exchange-trade fund might come in a year. …