Former boss of MicroStartegy Michael Saylorcontinued to praise Bitcoin. Saylor explained that BTC is critical on the road to freedom.
In his speech at Atlas Society, Saylor stated that the decentralized nature of Bitcoin will solve some of the problems in the traditional financial sector and underlined that Bitcoin will be strengthened with the projected capital inflow in the future.
“Money gets stronger as it enters the network. Anyone joining the network will have much more power. This kind of unification is our only hope against the oppressive power of the collective. More money, more people and more power, that’s all. Organizing with people who believe in similar ideology…
bitcoinworks as a freedom machine. An economic machine based on facts.”
Bitcoin’s Unique Structure
MicroStrategySaylor, one of the architects of ‘s Bitcoin accumulation, also stands out as a crypto money advocate. Aside from his belief in the industry, his belief in Bitcoin is on a whole different level.
“There are 20,000 coins on average. There is only one that is provided from different directions. Bitcoin has built itself metal. It is the hardest substance in the universe. People are not aware of it and are afraid of it.”
He also noted that for years there have been calls to separate the economy from the state, but that it lacks the technology to do the job. However, he pointed out that the emergence of Bitcoin presents an opportunity to eliminate government involvement in transactions.
Economic Slavery and Bitcoin
Koinfinans.com As we have previously reported, Saylor thinks that with the onset of the pandemic, more people are seeking a solution to this economic slavery.
“We met the pandemic in March 2020 and the world came to a standstill. The sense of economic collapse and fear were everywhere. We felt and found economic freedom in a form that we believe is digital gold…”
It is worth noting that MicroStrategy was among the first institutions to believe in Bitcoin. Despite the ongoing market correction, the company is actively accumulating more Bitcoin.
The last purchase took place between August and September, and 301 Bitcoins were purchased at an average price of $19,851 per BTC.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.