Are we going to see more large corporations get involved with Bitcoin.
According to Saylor, there are many more to come.
https://decrypt.co/62328/tesla-square-bitcoin-buys-were-tip-of-the-iceberg-saylor
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Tesla investment in bitcoin has been a big push in the world of crypto.
Tesla being the most talked about company at the moment, his decision has boosted peoples confidence and will speed up the rate at which corporations will invest
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It was a big step. That purchase moved outside the Wall Street/Investment crowd and into the mainstream big Tech crowd.
This is a move that opened the door for a lot of others to move in.
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Indeed, the trust they have in Tesla cars being the wealthiest company at the time made them follow his foot steps.
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I think more will buy into it. However I think most won't switch over until crypto is used more for transaction. Right now fiat is still the main source of payment method because crypto is far too volatile.
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He tends to focus only on Bitcoin so when he talks crypto, he really means Bitcoin.
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