Crypto expert Michael Saylor to attend Dubai Precious Metals Conference

    14 Nov 2021

    Famous crypto expert Michael Saylor, the Co-Founder, Chairman, and CEO of MicroStrategy, the world’s largest holder of Bitcoin, will give November 18 an exclusive interview at the upcoming Dubai Precious Metals Conference (DPMC).

    The session entitled ‘Gold versus Bitcoin: competition or coexistence?’ will also observe how blockchain technologies are set to enhance the market structure and opportunities within the gold sector. The event will take place in Almas Tower, DMCC’s headquarter and a major commodity hub, TradeArabia News Service reported.

    Michael Saylor, known for his advocacy and adoption of crypto and blockchain technology, will share his insights about the relationship and interactions between gold and cryptocurrencies. Led by him, MicroStrategy is the largest independent publicly-traded business intelligence company and the world’s biggest corporate holder of Bitcoin, worth over $7 billion.

    “Michael Saylor’s presence at this year’s DPMC will not only offer a fascinating insight into the relationship between crypto and gold, but also shine a light on how ecosystems that mitigate human involvement behave in a safer, less corruptible manner, vis-à-vis the relationship between the challenges faced in the gold industry, and its de facto custodians and lobbyists,” said Ahmed Bin Sulayem, Executive Chairman, and Chief Executive Officer, DMCC.

    “As someone who has taken a series of calculated risks and shown crypto to be one of the safest asset classes, Michael is also one of the main reasons why even the most resistant institutions have now come to accept that crypto is here to stay. I look forward to seeing DMCC and its Crypto Centre take a stronger lead in this space and to attract more like-minded, forward-thinking entrepreneurs and investors to Dubai.”

    The DPMC is held annually by DMCC, gathering public and private sector industry leaders from across the world to discuss the most important and impactful trends within the global precious metals industry.

    “Bitcoin is digital gold. It represents the first engineered money and is harder, smarter, faster, and stronger than physical gold. If you believe in sound money for the 21st century, you need to sell your gold and buy Bitcoin,” Michael Saylor added.

    Dubai Precious Metals Conference 2021, which is titled “Disruption in the precious metals industry – technology, regulation and sustainability,” will be held to examine the opportunities posed by each of these three crucial topics.

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