According to one analyst, Bitcoin will soon account for 5-7 percent of the global economy

<p>Since its inception, the crypto king has seen a plethora of changes. Numerous comparisons, falsehoods, regulatory pressure, and so forth. All of these factors could result in either a surge or a decline in Bitcoin and its price.</p> <p>Bitcoin: a digital currency</p> <p>In a CNBC interview, Microstrategy CEO Michael Saylor advanced his narrative. He discusses various aspects of BTC. According to him, regardless of the opposing party, the flagship token is the winner.</p> <p>At the time of publication, MicroStrategy, a software company, was the largest Bitcoin HODLer. It currently holds over 114k BTC, or approximately.54 percent of the total BTC supply. That is not the case. 'We are going to continue stacking indefinitely,' Saylor added.</p> <p>Following that, he discusses the rivalry between digital Gold and physical Gold. He stated as follows:</p> <p>"It is fairly obvious that Bitcoin is winning and gold is losing... and it will continue... It's pretty clear that digital gold will supplant physical gold in the next decade."</p> <p>Saylor has previously echoed the same narrative.</p> <p>"Bitcoin has supplanted, is supplanting, or is in the process of supplanting gold as the primary store of value for the majority of investors."</p> <p>As things stand, the debate looks as follows:</p> <p>The majority of investors, including well-known'Gold bugs,' painted a bullish picture of digital gold. It has a long way to go, however, before it can dethrone the precious metal. However, benefits such as ease of transfer and low storage costs keep BTC on track.</p> <p>Regardless, when asked about the future of the largest token, Saylor expressed the following:</p> <p>"By the end of the decade, it will have flipped gold, monetary indexes, a small amount of bonds, a small amount of real estate, and a small amount of equity, and will have emerged as a $100 trillion asset class." As a result, it will be 100X larger than it is now."</p> <p>Having said that, Bitcoin was not in direct competition with gold. It faced addi