Bitcoin
Godzilla Bitcoin (BTC) Statement Issued by Michael Saylor
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Michael Saylor, president of MicroStrategy and Bitcoin advocate, made a bold statement that Bitcoin is “Godzilla” poised to revolutionize and potentially dismantle existing fiduciary financial models. This is the latest round of support for the world’s largest crypto asset.
Speaking of BTC Prague event, Saylor emphasized Bitcoin’s growing adoption and extraordinary performance as key factors in this transformation.
Saylor’s View on Bitcoin
Saylor vehemently argued that Bitcoin would render all existing financial and political models obsolete, fundamentally reshaping systems that have existed for millennia.
He declared: “All your models will be destroyed, your political models, everything we have learned over 10,000 years.”
The president of MicroStrategy criticized modern statisticians who try to make financial projections using outdated methods. He compared them to medieval warriors who used bows, arrows, chariots and elephants in battle against an opponent equipped with explosives, aircraft and other advanced weaponry.
In Saylor’s opinion, Bitcoin represents this sophisticated and disruptive force in the financial sector. According to him, the current financial system has no chance of resisting the imminent change that will certainly occur.
Saylor has consistently advocated for investors to explore Bitcoin adopting a disciplined approach to investment. While highlighting the pros, the MicroStrategy president warns against the pitfalls of trying to time the market or making large speculative bets.
Saylor Advocates Understanding Bitcoin
According to Saylor, a true understanding of Bitcoin’s potential reveals its ability to disrupt and destroy conventional financial models. He stated that Bitcoin is the innovative force in the financial industry, comparing its impact to a powerful and unstoppable entity.
In a recent post on X after Bitcoin rose to $71,000, Saylor, Using an AI-generated photo of a bee inside a hive with a Bitcoin mascot inside it, it urged investors to “join the swarm.” It is a subtle reference to aligning with the fast-growing global community of BTC believers and holders.
About the author
Godofredo Benjamin
Godfrey Benjamin is an experienced cryptojournalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was born when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments. With his extensive experience covering various aspects of Web3, Godfrey’s articles have been featured on Blockchain.news, Cryptonews, and Coiningape, among others.