Michael Saylor (Oct 2, interview with the Bitcoin Policy Institute):
· Bitcoin needs banks to reach its full potential as a digital commodity and form of capital.
· Banks should be allowed to hold BTC, issue BTC-backed loans, and operate without restrictive regulations.
· Insurance companies also need to be able to handle digital assets.
· If the U.S. wants to remain financially competitive, it must embrace the digital transformation of assets.
· His main claim: $100 billion in bank credit could equal the supply of new BTC over 10 years.
· Bitcoin needs banks to reach its full potential as a digital commodity and form of capital.
· Banks should be allowed to hold BTC, issue BTC-backed loans, and operate without restrictive regulations.
· Insurance companies also need to be able to handle digital assets.
· If the U.S. wants to remain financially competitive, it must embrace the digital transformation of assets.
· His main claim: $100 billion in bank credit could equal the supply of new BTC over 10 years.