Here’s How Many Hours Michael Saylor Spent Studying Bitcoin – Hold Tight

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Michael Saylor, chairman of MicroStrategy and a well-known Bitcoin advocate, recently shared in an interview that he’s spent over a thousand hours studying Bitcoin. In a podcast on “Visao de Lider,” he spoke about his growing appreciation for the global asset. At first, after 20 hours of investigation, Saylor was skeptical and thought it might be similar to online gambling. But after more than 100 hours, he saw it as an improvement over gold. When he reached a thousand hours of study, he believed Bitcoin was the best digital asset. After investing several more thousands of hours, his perspective deepened, seeing Bitcoin as an instrument of economic empowerment and property rights for eight billion people.

As a bitcoin analyst, I’ve had the opportunity to follow the insights of industry pioneers closely. One such figure is Michael Saylor, the celebrated Bitcoiner and founder of MicroStrategy, a leading business intelligence firm. In a recent interview, Michael revealed the extensive time commitment he has put into studying Bitcoin.

He also stated that he has never yet met a well-informed Bitcoin critic.

More than 1,000 hours of studying Bitcoin

During a recent episode of the “Visao de Lider” podcast, Michael Saylor, MicroStrategy’s chairman and a staunch Bitcoin supporter, shared his perspective on the leading cryptocurrency. One of the inquiries he addressed was regarding the amount of time he had devoted to examining Bitcoin.

Saylor explicitly expressed his extensive knowledge about the asset that his company has heavily invested in for the past three and a half years, which is Bitcoin. He added that he has dedicated countless hours, approximating to several thousand, delving into the intricacies of BTC. The more he immersed himself in its study, the more profoundly he absorbed the essence of Bitcoin.

I’ve never met a well-informed #Bitcoin critic.

— Michael Saylor⚡️ (@saylor) April 28, 2024

During my initial exploration of Bitcoin, which lasted for around 20 hours, I harbored some skepticism towards its potential as a global asset. I compared it to online gambling and entertained the notion that it might face a ban in the future. However, upon delving deeper into the subject matter for over a hundred hours, my perspective shifted significantly. I came to realize that Bitcoin surpassed the value of traditional assets like gold and embraced the idea of digital currencies as a promising investment opportunity.

After reaching a thousand hours of dedicated Bitcoin study, I came to the conclusion that it was likely the most superior digital asset.

After accumulating numerous hours past a certain threshold, Saylor remarked, “You come to realize that this is a tool for economic advancement. It signifies ownership rights for eight billion individuals. It symbolizes the convergence point where engineering, science, mathematics, and economics meet politics.”

Michael Saylor repeatedly stressed that he hadn’t encountered any Bitcoin detractors who had invested over a hundred hours into their understanding of the cryptocurrency.

Bitcoin market performance

Over the past 24 hours, I’ve observed a 2.45% decline in Bitcoin’s market value, which has brought its price down to around $63,903. This downturn began on April 24, and as of now, the total loss for Bitcoin stands at 6.85%.

At the time of this writing, Bitcoin is changing hands at the $62,393 level.

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2024-04-29 11:07