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MicroStrategy CEO Hails Bitcoin as the Best Crypto Asset with No Opponents

Published 05/03/2024, 04:38 PM
Updated 05/03/2024, 04:45 PM
© Reuters MicroStrategy CEO Hails Bitcoin as the Best Crypto Asset with No Opponents
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  • Michael Saylor describes Bitcoin as the best crypto asset, with no other second-best asset.
  • MicroStrategy CEO hails Bitcoin as the single solution for capital appreciation in an inflationary environment.
  • Saylor points out the key differences between Bitcoin and altcoins, highlighting the significance of proof-of-work-based consensus.

Michael Saylor, the Executive Chairman of MicroStrategy, the largest public holder of Bitcoin, spotted Bitcoin as the best crypto asset ever, with no other second-best asset. In a keynote address delivered at “MicroStrategy World: Bitcoin for Corporations,” Saylor presented Bitcoin as the “single solution” for capital appreciation in an inflationary environment.

Saylor shared insights on Bitcoin’s price appreciation and continued monetization. Reflecting on Greek philosopher Archimedes’ words, “Give me a lever long enough and a place to stand and I can move the world,” Saylor added, “Bitcoin is the place to stand.” Further, presenting Bitcoin as “the best,” Saylor asserted,

“There’s no more powerful idea than the digital transformation of capital… No force on earth can stop an idea whose time has …

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