MicroStrategy Chairman Michael Saylor maintains his stance on Bitcoin. Saylor, who is a firm Bitcoin supporter, says that the leading cryptocurrency is a hope for Turkey. In addition, Saylor argues that BTC is better than gold despite its strong rise in recent days.

Michael Saylor: Bitcoin is a hope for Turkey!

Cryptocoin.comAs you have been following, the leading cryptocurrency has made a strong rally this year. In the process, it recorded a new ATH of over $73,000. Compared to the $15,000 it dropped during the bear market, this is a massive increase. In recent years, El Salvador has been the focus of criticism for its Bitcoin investment. However, the president of El Salvador, Nayib Bukele, is now enjoying it.

Michael Saylor, chairman of the board of MicroStrategy, which stands out with its Bitcoin investments, made an interesting exit. Saylor stated that Bitcoin is hope for Turkey due to the loss of value in the Turkish Lira. In a post on his social media account, Saylor drew attention to the ever-rising price of Bitcoin against the Turkish Lira. In this context, he wrote, “Bitcoin is a hope for Turkey.”

Leading cryptocurrency is a better investment than gold, says Michael Saylor

Michael Saylor, Chairman of MicroStrategy, made a bold statement asserting the superiority of Bitcoin, the first and largest cryptocurrency by market capitalization. “Bitcoin is superior,” Saylor said in a tweet. Saylor’s claim came at a time when gold prices were rising

Meanwhile, gold prices have rallied strongly in recent days. The shiny metal reached new highs during this period. The rise reflects market volatility and the metal’s continued appeal as a safe-haven asset. Michael Saylor’s claim comes at just such a time.

The difference in approach between Peter Schiff and Michael Saylor

In a new tweet, gold bug Peter Schiff drew attention to the recent rise in gold. Bitcoin hater Schiff noted that gold is trading at a new record high of $2,215. Schiff noted that gold prices have increased by more than 12% in the last year. He also stated that gold stocks fell by more than 4%.

Meanwhile, Saylor’s MicroStrategy has continued to invest heavily in Bitcoin. MicroStrategy currently holds more than 214,246 BTC. In early March, Saylor stated that the Spot Bitcoin ETFs were encouraging a decade-long institutional “gold rush” for Bitcoin. Thus, he reaffirmed his bullish outlook on the leading cryptocurrency.