Blockchain Economy Istanbul, which started on June 27 and will last for 2 days, marked the day with more than 3,000 visitors.
Speaking on the first day of the event, of which we are the media sponsor, bitcoin Maximalist Michael Saylor made statements about Bitcoin and recommended buying Bitcoin at every opportunity, once again underlining that there are long-term Bitcoin holding strategies in line with company policies.
Saylor: The wisest thing to do when it comes to investing is to buy and hold Bitcoin.
— Bitcoin System (@bitcoinsystem) July 27, 2022
Saylor’s speech Ethereum both its technical development and its ethical soundness were discussed.
His company, MicroStrategy, has $129,218 worth about $2.8 billion at current prices. Bitcoin (BTC) Saylor, who is an institutional investor, stated that he is speaking as an institutional investor and in this context, “It is necessary to wait until the protocol is completed in Ethereum”.
“Ethereum Doesn’t Look Like It Will Be Stable For More 36 Months”
Saylor said in a speech last week that Ethereum co-founder Vitalik Buterin said that Ethereum is only 40% complete and has set a three to four-year roadmap, which means that “the protocol does not look like it will be completed or stable for another 36 months. ” he said.
Saylor also questioned the lack of tested knowledge about Ethereum to date, saying that this raises concerns about the technical reliability and security of the protocol.
Saylor stated the following in his speech broadcast live in Istanbul:
“’Technically sound means I should see the protocol function of that thing in about five to 10 years. So we don’t know that either. Is not it? Because if you’re hard forking and modifying, every time you make a major upgrade, you’re unlocking new attack points.”
“If Vitalik Buterin Can Replace ETH That Means ETH Is a Securities”
In addition, Saylor also expressed doubts about the ethical soundness of Ethereum:
“’Ethically sound means no one, including Vitalik. [protokolü] It means I have to make sure you can’t change it. I need to know that no one, no individual in the Ethereum foundation can change the protocol because if they can change the protocol, that makes it a security, and if they make it a security, then it cannot become global money.”
*Not investment advice.