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Michael Saylor Responds to Cathie Wood on Bitcoin and Stablecoins

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TLDR:

Saylor says Bitcoin and stablecoins serve different functions across the expanding digital asset market.
Wood revised her 2030 Bitcoin forecast, linking the shift to growing stablecoin transaction volume.
CNBC data shows Saylor framed Bitcoin as digital capital rather than a transactional instrument.
Wu Blockchain notes Saylor’s view that stablecoins may scale to trillions without reducing Bitcoin’s role.

Bitcoin’s long-term outlook drew new attention after comments from Michael Saylor during a recent CNBC interview. His remarks followed Cathie Wood’s updated Bitcoin price target for 2030, which shifted from 1.5 million dollars to 1.2 million dollars. 

Wood linked her revision to rising stablecoin use in digital transactions. Saylor countered that both markets are expanding in separate directions within the broader digital asset economy.

Bitcoin and Stablecoins Evolve in Separate Market Tracks

Saylor said the digital asset market is growing across multiple segments, according to CNBC. He described Bitcoin as digital capital built around its role as a form of digital gold. 

He also noted the rise of Bitcoin-based credit tools designed to generate yield for holders. His comments focused on how this segment remains distinct from the trading and transaction activity shaping other networks.

He separated this from digital finance, which he said develops around proof-of-stake systems like Ethereum and Solana. This part of the market supports stablecoins, tokenized assets, and other on-chain financial activity. 

Wu Blockchain also shared his view that stablecoin growth will expand rapidly as adoption increases. He added that scale will reach the trillions as tokenized instruments gain more usage.

Saylor said this movement does not reduce Bitcoin’s role within digital capital. He noted that investors do not view stablecoins as a replacement for assets like property, equity, or Bitcoin. 

This view positioned Bitcoin as a long-term store of value while stablecoins act as transactional instruments across digital finance. CNBC data highlighted that his comments directly addressed Wood’s updated forecast.

Market Debate Builds After Wood’s Price Update

The conversation started after Wood linked expanding stablecoin activity to shifts in Bitcoin’s use cases. Her view suggested transaction growth could change how Bitcoin competes in the market. 

Saylor argued this interpretation misses the broader split between capital assets and digital finance tools. He said both areas move in parallel rather than competing for the same purpose.

Wu Blockchain posted the exchange and noted the clear divide in Saylor’s explanation. His remarks framed Bitcoin as a capital instrument with a different investor base. 

Stablecoins, in contrast, support payments, tokenized currencies, and liquidity systems across blockchains. This created a clearer picture of how two growing markets interact without reducing each other’s relevance.

Saylor also pointed to the scale of tokenized currencies and real-world assets as they move across proof-of-stake chains. He said that technical development in this area remains complex and expands through multiple applications. 

Bitcoin’s function remains straightforward and built on scarcity, settlement, and long-term capital strength. His stance addressed concerns that stablecoin adoption could shift Bitcoin’s position over time.





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