MicroStrategy CEO Believes BTC is Most Reliable Thing in an Unstable World
MicroStrategy CEO Michael Saylor has said that the short-term volatility of Bitcoin doesn’t matter if there is an understanding of the fundamentals of the leading cryptocurrency and how difficult it is to create something better, The Block has reported.
According to him:
“Bitcoin is the most reliable thing in a very volatile world. It is more reliable than the other 19,000 cryptocurrencies, than any shares, than owning property anywhere in the world.”
He thinks that people who have invested at least $100 in Bitcoin can talk about cryptocurrencies. Otherwise, they “probably have nothing to say about it.”
When talking about the collapse of the Terra ecosystem and the subsequent market correction, he has doubted that what was happening was evidence of a bearish phase.