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[Cotun] “Bitcoin Will Replace the Existing Financial System”
Michael Saylor, co-founder of Strategy, predicted that Bitcoin (BTC), a leading figure of the digital financial revolution, will replace the existing financial system under the Darwinian theory of “survival of the fittest.” In a recent interview, he stated, “Money will ultimately move at the speed of light. Unlike traditional financial markets, which are constrained by trading hours, holidays, and regulatory barriers, Bitcoin circulates globally 24 hours a day with lower costs for value transfer. Digital capital that can move at the speed of light with minimal cost will ultimately be selected through ‘survival of the fittest’ and will replace the slower and more cumbersome existing financial system.”
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