🚨 "Nobody wants Brazil’s currency" — says Michael Saylor. Everyone will buy Bitcoin!
In a bold statement, MicroStrategy’s founder Michael Saylor claimed that no one wants to buy the Brazilian Real, or any other fiat currency. According to him, all countries will eventually be forced to adopt Bitcoin as a store of value. In his words: "You're going to have a choice. You either buy Bitcoin, or you sell your currency until it collapses."
Saylor reinforced the idea that governments can't stop Bitcoin and that people worldwide are waking up to the fact that their fiat is melting. The Real, in particular, was highlighted as a currency that nobody wants to hold — which triggered reactions in Brazil’s crypto community.
He believes the dollar will be the last to fall, but that all fiat currencies are on the same path: devaluation.
Do you agree with Saylor? Is Bitcoin the only way out?