Michael Saylor explains the “rules of Bitcoin” in a recent and eye-catching U.Today post

U.Today – Michael Saylor, evangelist and co-founder of business intelligence giant MicroStrategy, has caught the attention of the global crypto community with his recent tweet about Bitcoin.

Saylor posted this as the world’s flagship cryptocurrency experienced a 2.7% drop, falling above the $64,000 price level.

Michael Saylor and the rules of Bitcoin

A Bitcoin enthusiast posted a tweet explaining the “rules of Bitcoin” to the cryptocurrency community. According to his message, the rules of Bitcoin are about having no rules: “#Bitcoin is rules without rulers,” Saylor tweeted in his usual way of posting short, one-line tweets that read like aphorisms.

The AI-generated image accompanying the tweet features a girl who looks like an android and is reminiscent of the main character from Luc Besson’s iconic 1997 sci-fi film “The Fifth Element.” She has a Bitcoin logo on her chest, as if Saylor is implying that BTC is the necessary “fifth element” that humanity needs right now.

As co-founder and leader of MicroStrategy, the company that was the first to start making regular BTC purchases, putting Bitcoin on its balance sheet, Saylor posts daily Bitcoin-themed tweets with corresponding images to support the Bitcoin on X spirit within the crypto community.

Bitcoin plummets after breaking $64,000

Over the past 24 hours, the largest cryptocurrency recorded a substantial drop of almost 3%, falling from the $64,500 zone to $62,720, and is currently trading at $62,860.

This drop came after Bitcoin's massive 11.14% growth last week, when BTC surpassed $64,000 for the first time in a long time. BTC managed to continue trading in the $64,000 zone from Friday to Monday, and then the BTC price took a hit, pushed lower by the bears.

Robert Kiyosaki, a well-known investor and author of the book on financial management “Rich Dad, Poor Dad,” predicted earlier this year that he expected Bitcoin to skyrocket to $350,000 by mid-August. Kiyosaki gave a caveat that it wasn’t exactly a prediction, but rather his wish and hope. Overall, influential people like Kiyosaki, Max Keiser (Bitcoin advisor in El Salvador), and Samson Mow (CEO of JAN3) expect Bitcoin to surpass the $100,000 level in the near future. Mow believes BTC will reach the staggering $1 million price level.

This article was originally published on U.Today



scroll to top