Michael Saylor, founder of MicroStrategy and Bitcoin maximalist, once again made a statement that will be talked about a lot. Saylor answered questions about their recent purchases, participating online in the Squawk Box program on CNBC from the US media.

“Nobody’s trying to buy a cup of coffee with a fraction of their building on 5th avenue”

Stating that MicroStrategy has rebranded themselves as a Bitcoin development company, Saylor noted that Bitcoin does not have to be a currency:

“It’s the greatest of the assets. There’s no second best assets. We bought over the weekend when all the conventional markets are closed. Bitcoin is digital property. It is superior to other investments such as Gold, Equity, or Real Estate because it is digital, available, global, ethical, and useful to millions of companies and billions of people. Nobody’s trying to buy a cup of coffee with a fraction of their building on 5th avenue. Bitcoin is certainly at least digital gold, it’s going to eat gold.

Saylor also talked about China, where Bitcoin and cryptocurrencies are banned, “It’s not digital currency. It’s digital property. And once you make that big leap… The compelling use case is for capital preservation for everyone in the world…. Everywhere in the world where you can own property China, the US is going to embrace Bitcoin as digital property.”