U.Today – Michael Saylor, a prominent proponent and co-founder of business intelligence giant MicroStrategy, has taken to his official account on the X platform to make an important statement regarding BTC.
“Fix the money. Fix the world”
Saylor shared an image with a world map, where most continents are marked in black, and below Africa, a little girl is sitting on a swing, also drawn in black. “Fix the money. Fix the world,” Michael Saylor tweeted as if to suggest that the way things work in the world right now is far from perfect due to fiat money and the ability of governments to print as much as they want. Saylor seems to be suggesting that once Bitcoin fixes money, this would also “fix the world.”
On July 30, Saylor shared another, more positive tweet, also mentioning Bitcoin. He cited a CNBC news post, which stated that during the recent Bitcoin 2024 conference, many companies committed to buying Bitcoin and adding it to their balance sheets as a strategic treasury asset.
These companies (no specific names were given, however) will follow MicroStrategy’s lead. This giant has been acquiring BTC since August 2020 and now holds a whopping 226,331 Bitcoin worth a whopping $7.5 billion.
Goldman Sachs CEO clarifies his stance on Bitcoin
As previously reported, Goldman Sachs CEO David Solomon recently admitted that he thinks Bitcoin could have a reserve value. He told the CNBC Squawk Box hosting team during the Paris Olympics the other day.
Overall, though, he still believes BTC is a speculative asset.
Bitcoin struggles to break through
Over the past 24 hours, the world’s largest digital currency in terms of market capitalization value, Bitcoin, fell by approximately 6%, causing it to miss the $70,000 mark and retreat to $65,785. That drastic drop was followed by less than 1% growth, and Bitcoin is currently trading at $66,320.
The major crash was caused by the US government moving more than $3 billion worth of BTC seized from the illegal online marketplace Silk Road, founded by Ross Ulbricht in 2012. It shut down a year later, with its founder arrested and now serving two consecutive life sentences in prison.
This article was originally published on U.Today
