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Bitcoin Will Save the World from Economic Chaos, —Michael Saylor By CoinEdition



© Reuters. Bitcoin Will Save the World from Economic Chaos, —Michael Saylor
  • MicroStrategy founder recently argued that BTC is the best chance to heal the world.
  • CEO Saylor said BTC is the union offering hope for individuals struggling against oppressive forces.
  • represents 99% of all crypto power, offering 100 times the security of all the other crypto networks.

In a keynote speech recently, the crypto lover founder of MicroStrategy, Michael Saylor, argued that Bitcoin is the best chance to heal the world and rise above the chaos. Saylor expressed conviction that Bitcoin represents the union that offers hope for the individual struggling against the oppressive force of the political class.

In his words, “the union gets more powerful as more people join.” The MicroStrategy founder added that Bitcoin is an economical machine based on a truth machine poised to emerge as a freedom machine. According to him, it is the best choice to save civilization.

The crypto-lover billionaire also commented on the widespread misconception about Bitcoin energy. He believes power is critical to creating ethically, technically, and economically sound digital money. In his opinion, the Bitcoin asset will be intangible without power, and the network will be insecure with an inflating supply.

In the Bitcoin Mining Council (BMC) third-quarter survey report confirming year-on-year improvements in sustainable power mix and efficiency, Saylor said:

With a hash rate approaching 267 EH, Bitcoin represents 99% of all crypto power, offering 100 times the security of all the other crypto networks combined

Three days ago, Michael Saylor published his company’s assets performance against the traditional assets from when it adopted Bitcoin. According to the tweet, MicroStrategy (MSTR) gained 89%, and Bitcoin gained 61%. On the other hand, the values of GOLD, BOND, and Silver depreciated by doubled digits negative values.

The post Bitcoin Will Save the World from Economic Chaos, —Michael Saylor appeared first on Coin Edition.

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