Michael Saylor says Bitcoin will be a $100T asset class that everybody needs

MicroStrategy (MSTR -0.5%) CEO and Founder Michael Saylor contend that Bitcoin is the dominant crypto asset network, while "everything else" like "cryptocurrencies" have a large amount of risk and uncertainty around them. He prefers to call Bitcoin "digital property" or a "crypto asset," rather than a cryptocurrency. Bitcoin (BTC-USD) has the highest Sharpe ratio and the highest compounded annual growth rate, Saylor said in a webcast. (A Sharpe ratio aims to measure the return of an investment as compared to its risk.) The world's most popular "digital property" mitigates the risk that large tech companies have, he added. Bitcoin will be a $100T asset class that everybody needs, he contends. Meanwhile, energy used by bitcoin (BTC-USD) miners is highly sustainable, he adds. Frank Holmes, CEO and chief investment officer of U.S. Global Investors (NASDAQ:GROW), believes there may be a place for both cryptocurrency and gold. He says MicroStrategy (NASDAQ:MSTR) is a