Michael Saylor Fires Back at Critics Who Question Bitcoin’s Value

TL;DR: Michael Saylor, Executive Chairman of MicroStrategy, issued a direct response this October 27 against the narrative questioning the need to acquire Bitcoin. The critical argument claims that buying Bitcoin makes no sense when any developer or user has the technical capacity to issue a new cryptocurrency. Saylor compared dismissing Bitcoin to claiming that learning English makes no sense simply because anyone can invent their own language. The Executive Chairman of Strategy, Michael Saylor , confronted common questions regarding the pioneer cryptocurrency’s value proposition this Tuesday, October 27. The executive dismissed the premise claiming that acquiring Bitcoin lacks practical utility due to the ease with which alternative digital assets can be created in today’s market.

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