Michael Saylor Responds to Venture Capitalists' Bitcoin Obituary
2026-09-19 20:16:11
According to CoinMeta, Michael Saylor responded to the obituary of venture capitalist Jason Calacanis regarding Bitcoin, stating that "the orange tie is still in fashion." Calacanis noted that Bitcoin rebounded to the $80,000 level on Friday, but he believes that Bitcoin performs poorly in terms of trading and smart contracts, has a daunting user experience, and no longer attracts public attention. Saylor stated that Bitcoin is now a $1.6 trillion success and has become the most valuable digital asset globally. He emphasized that digital capital is a key application, and the goal of preserving value across generations is more important than entertainment dinners. As stablecoins enter the regulated financial sector, the Asia-Pacific region is becoming a crucial testing ground.
Source:CoinDesk
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