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Topic: Why Microstrategy owner (michael saylor) holds huge amount in bitcoin - page 3. (Read 494 times)

legendary
Activity: 4410
Merit: 4788
he has done many interviews expressing his views

he says its like digital gold(deflationary asset) but with the extra security of being an asset itself but digital.. rather than a certificate of an asset(like digital gold)
thus better than digital gold

also for years gold has been stuck in the $1k-$2k window of trading
where as bitcoin too has a non-zero bottom(real value($15k currently)) that will slowly raise up over time to new raised bottoms, the tops(premiums(ATH $70k)) can also go up hugely, meaning there is more room for more profit and growth

other things are that bitcoin has its own utility. and also underneath as a bridge to other sub layer iou/pegged tokens that could offer more novel utility. in essence the options of utility could expand into things we are not thinking about today.

current sub networks of iou/pegged tokens are still sandbox testing and yes saylor is motivated by the obvious promoted ones, but he sees alot more opportunities in others yet to come that can expand deeper and deeper down in sub of sub networks thus offering more to the mainnet capital locked for those subnetworks, thus raising the bar for all coins in the mainnet
jr. member
Activity: 102
Merit: 1
I start to trust 200% in bitcoin and instantly convinced to invest 80% of my money in bitcoin after watching michael saylor's holding in bitcoin ,
i always wonder, what research has been did by michael saylor that he trusts so much in bitcoin and holding this much part of his net worth in bitcoin
I read that he done too much research before going all in ,
anyone please can tell what things cause this much trust


edit:  I am just asking what things make a person to go all in like michael saylor or { why michael saylor holds huge amount in bitcoin } what are the things that make a person to invest this much part of his networth ,
you all are roasting me down
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