Entrepreneur and founder of MicroStrategy Michael Saylor has big news for the crypto industry: He thinks Bitcoin could rise in price to $1million. As someone who’s long been a fan of the cryptocurrency industry, this statement could be just what the market wants to hear, at a time when current prices are down somewhat.
He also thinks that worries about short-term price volatility are pointless. While these might be what day-traders are focused on, or people who just want to “get rich quick”, the real future for Bitcoin is long-term.
In fact, Saylor is so confident of the future of bitcoin, he put his money where his mouth is. Saylor’s successful software company, Microstrategy, holds a reported 129,218 bitcoins, with a current market value of over $3bn (even during the current bear market). So if his prediction holds true, it would be huge not just for his own holdings, but also for the crypto world as a whole. He sees BTC as the future of the financial world and believes it gives users true “freedom” when compared to Fiat.
How Gnox has surged massively in recent weeks
The wider crypto landscape has been struggling recently, that’s why Saylor’s optimism about the future of digital currencies is seen as good news for the industry. But there’s one token that’s been bucking the trend and continuing to have a hugely succesful pre-sale. And that’s Gnox.
Built as the world’s first truly democratic crypto platform to offer yield farming as a service, Gnox aims to give even more investment freedom to mainstream holders (and especially those new to the crypto scene). Their platform solves one of the biggest barriers to mass-adoption in the DeFi industry. It makes it easy for normal investors to benefit from passive income without having to take care of staking, liquidity pooling and other complicated DeFi strategies.
So while Gnox holders get to enjoy “hands-off” investment benefits, they do still get a say. That’s because regular votes will take place to define how much risk the underlying Gnox treasury opts for when investing funds on behalf of Gnox users. The proceeds from these investments are then paid out to Gnox holders every month. It’s for all these reasons and more that we love the Gnox system, and see it as the next step in taking crypto into the mainstream.
Saylor’s thoughts about Bitcoin are great, not just for that coin: but for the whole industry as a whole. And as more regular investors become aware of the benefits of cryptocurrencies, Gnox is perfectly placed to help drive adoption into the mainstream.
Find Out More Here:
Join Presale: https://presale.gnox.io/register
Website: https://Gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
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