Bitcoin News
- Michael Saylor remains bullish on Bitcoin over gold despite the former’s struggle.
- He trusts BTC can be more sophisticated in controlling war compared to gold.
Michael Saylor, the self-acclaimed Bitcoin (BTC) market guru, has chosen BTC over gold when it comes to the asset with the higher market valuation potential.
He acknowledged that “the essential evil of gold in its relation to war is the fact that it can be controlled. Break the control and you stop the war.” He made this statement as the only good thing that the world can see about gold.
“The essential evil of gold in its relation to war is the fact that it can be controlled. Break the control and you stop war.” – Henry Ford on #Bitcoin
— Michael Saylor⚡️ (@saylor) February 3, 2022
Saylor’s consistent tweet and reactions about the flagship currency Bitcoin indicate that he is not ready to lose trust in cryptocurrency, especially in BTC. Not this alone, but he continues to develop an eye-catching love for Bitcoin every day like never before.
In addition, apart from other top prominent figures and countries documenting and embracing the innovative idea of Bitcoin, Saylor is one of the staunchest Bitcoin supporters who regularly posts tweets in favor of the mentioned cryptocurrency. In fact, His presence in the BTC market inadvertently triggers motivation among traders.
Moreover, he has been well-known based on how he keeps buying no other cryptos but Bitcoin as part of MicroStrategy’s balance sheet from time to time. Recently, MicroStrategy announced that it has purchased an additional 660 more bitcoins to its growing crypto treasury. The purchase pushed the company’s BTC holdings to 125,051.