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MicroStrategy's Michael Saylor on gold, Ordinals and Bitcoin ETFs

The Scoop

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The Future of Cryptocurrencies

I think that the crypto industry right now has a legitimate path to list assets without an issuer. There is no taxonomy of those assets and there is no path offered by the regulators, the SEC and the CFTC have not offered a definition or path. So you're going to need a law. You'll need a law and the law will need to define the taxonomy. I actually can see the benefit of every celebrity being able to issue their own token,. Katie Perry token, Tom Brady token, they could own their own brand, et cetera. But the issue is yeah, I don't think I'd be doing it.

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