Top 10 Crazy Things Michael Saylor Said About Bitcoin by DailyCoin

© Reuters. Top 10 Crazy Things Michael Saylor Said About Bitcoin

Last week, permabull and MicroStrategy Inc. co-founder Michael Saylor stepped down from his role as CEO.

In addition to serving as the head of business intelligence firm MicroStrategy for 33 years, Saylor also made crypto history with his bullish and outlandish statements about Bitcoin, heating up Twitter (NYSE: ) with idiosyncratic threads that prompted some commentators to question whether they should follow him.

Below is a compilation of the 10 most bizarre comments Saylor has made about Bitcoin.

10. Bitcoin will have the same fate as online gambling

Michael Saylor’s journey has certainly been an interesting one, as he went from bashing Bitcoin in 2013, to being one of the digital asset’s most enthusiastic advocates in 2020.

In a 2013 tweet, Saylor compared Bitcoin to online gambling.

The MicroStrategy co-founder’s position regarding Bitcoin made a drastic change, and in August 2020, MicroStrategy announced its first purchase of $250 million worth of bitcoin for its own reserves. Soon after, the business invested an additional $175 million in Bitcoin, bringing the total value of BTC stock up to approximately $425 million. Saylor later revealed that he had also bought himself millions of dollars worth of bitcoin for personal belongings.

9. Bitcoin is hope

Saylor’s Twitter account is full of statements about Bitcoin that leave followers wondering about the former CEO’s level of obsession with Bitcoin.

8. The song about moving money at the speed of light.

On July 2, 2022, Saylor shared a song compiled from public statements he had made about Bitcoin.

6. Lessons from Ancient Egypt

On June 20, 2022, Saylor joked about having “unearthed wisdom from ancient Egypt.” In the video shared by Saylor, researchers reproduced the voice of an Egyptian mummy, who could be heard saying the word “Bitcoin”.

5. The death of George Washington and the current monetary system

Michael Saylor repeatedly stated that Bitcoin would be the tool to heal the troubled monetary and economic system. Saylor was known to support crypto as a hedge against inflation, but as part of that he made some particularly odd references to the death of George Washington.

4. “In time they will pick up the knowledge and you will get the money”

After the collapse of , and the subsequent crash inflicted on the crypto market, Saylor tweeted: “The #bitcoin price is set by those with more money and less knowledge than you. In time, they will get the knowledge, and you will get the money.”

The value of Bitcoin fell by approximately 58% in the first half of 2022, trading at the $31k level at the time of the tweet.

3. Time travel with Bitcoin

Michael Saylor has consistently advocated that Bitcoin is a long-term investment, insisting that he has an interest in Bitcoin investing both personally and for MicroStrategy.

In a 2020 tweet, he poetically wrote: “The magic of Bitcoin isn’t transferring money to someone 10,000 miles away — it’s transferring money to someone 10,000 days away.”

On the other side

  • On August 2, Michael Saylor announced that he was stepping down as CEO of MicroStrategy and would instead take on the role of Executive Chairman. In light of the news, MicroStrategy’s stock hit a 3-month high.
  • With the price down more than 40% since the start of 2022, MicroStrategy’s position in Bitcoin was a significant factor in the $917 million in losses recorded by the company in Q2.

2. “Channeling of energy through time and space”

In 2020, Michael Saylor tweeted: “Bitcoin is the most efficient system in human history for channeling energy through time and space.” In fact, the concept of “Bitcoin as an energy” seems to have been particularly compelling to Saylor, at least in 2020.

1. “Bitcoin is a goddess of wisdom”

Perhaps the most bizarre comment to come from Saylor were the words: “Bitcoin is a swarm of cyberhornets that serve the goddess of wisdom, feed on the fire of truth, and grow exponentially smarter, faster and stronger behind a wall of encrypted energy.” The tweet, from September 2020, was posted when Bitcoin’s price was hovering at 10K, and Saylor had an almost religious belief in the power of Bitcoin.

Michael Saylor bid farewell as CEO of MicroStrategy by tweeting his plans to concentrate even more on Bitcoin in his next role. Whether it was made ironically or not, the crypto community can rest assured that Saylor will continue to be a Bitcoin maximalist, and a driving force behind its adoption.

Why you should care

Read more about the aftermath of Michael Saylor stepping down as CEO:

MicroStrategy (MSTR) rises to 3-month high as Michael Saylor steps down as CEO

Find out how the crypto world reacted to Saylor’s relocation:

The crypto world reacts to Michael Saylor’s resignation

Continue reading at DailyCoin

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