CEO from Microstrategy advises Nigeria and Zimbabwe to introduce the Bitcoin standard and says that BTC is royal maker-
CEO from Microstrategy advises Nigeria and Zimbabwe to introduce the Bitcoin standard and says that BTC is royal maker-
The CEO of Microstrategy, Michael Saylor, has suggested that Nigeria and Zimbabwe spend currencies covered with Bitcoin if they want to repair their economy. He suspected that the use of the Bitcoin standard would end hunger and enable the citizens of both countries to live a decent life.
by Bitcoin supported national currencies
in a Video clip, in which he also claims that the Bitcoin network cannot scale, Saylor suggests, that if Nigeria and Zimbabwe buy bitcoins worth $ 2-3 billion, you could end the currency Wehe They are currently facing. Saylor explained:
Do you want to repair your country like Nigeria or Zimbabwe? The way you repair your country is that you buy bitcoins worth $ 2 billion worth $ 3 billion and spend a currency covered by Bitcoin. This is the Bitcoin standard. And each of their citizens stops starving. And they live a decent life.
Bitcoin as a "royal maker"
Before I mentioned Nigeria and Zimbabwe, said Saylor, whose company now more than 114,000 Bitcoins, Turkey also identifies as another country that could buy bitcoins and use them to secure the Lira currency. If Turkey buys bitcoins worth $ 5 billion and holds it for the next five years, according to the Saylor, this could possibly strengthen the lira.
Despite Saylor's constant admonitions, only one country, El Salvador, seems to have taken the Council to heart. Instead, many other countries, including Nigeria, have decided to create their own digital currencies, from which they hope they will reduce the attractiveness of Bitcoin.
In the same video, however, Saylor insists that this will happen, and this will prove that Bitcoin is "the royal maker".
Do you agree to Saylor's opinion on Bitcoin? Tell us your opinion in the comments below.
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