"This Bitcoin Rally Has Only JUST Begun" Michael Saylor LATEST Prediction
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"This Bitcoin Rally Has Only JUST Begun" Michael Saylor LATEST Prediction
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In a recent Twitter spaces discussion with Scott Melker, Michael Saylor, the co-founder and executive chairman of MicroStrategy, shared his views on the current Bitcoin rally amidst the ongoing global banking crisis. Saylor discussed the crisis of confidence in both the cryptocurrency and traditional finance industries, noting there has been around 11 crises of confidence in the crypto industry since the Terra Luna collapse last year.
These crises have affected various sectors such as crypto derivatives, crypto banks, hedge funds, trading operations, exchanges, staking, securities settlement networks, and stable coins. However, Saylor pointed out that the traditional finance industry is facing a much bigger confidence crisis that could potentially topple governments and economies, citing the UK Bond meltdown as an example.
Despite this, Bitcoin is gradually earning back trust and respect as people turn to it to avoid the confidence crisis in practically every other sector and asset, resulting in significant price gains, increased adoption, and network growth.Make sure to twitch around to the end of the video where Saylor explains why this Bitcoin rally has only just begun.
About Michael Saylor:
Michael J. Saylor is an American entrepreneur and business executive. He is the executive chairman and a co-founder of MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services. Saylor served as MicroStrategy's chief executive officer from 1989 to 2022.
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