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Michael Saylor Calls Bitcoin the World’s Reserve Asset but Not So Good for Buying a Cup of Coffee

The billionaire founder of the business software company MicroStrategy said in a CoinDesk TV interview that bitcoin is the best inflation hedge.

By Helene Braun

Updated May 11, 2023, 5:47 p.m. Published Dec 2, 2021, 11:21 p.m.

MIAMI, FLORIDA - JUNE 04: MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. The crypto conference is expected to draw 50,000 people and runs from Friday, June 4 through June 6th. (Photo by Joe Raedle/Getty Images)