Michael Saylor Explains “Bitcoin Rules” in Recent Eye-Catching X Post

As a researcher with a keen interest in the intersection of technology and finance, I find Michael Saylor’s latest tweet about Bitcoin intriguing. His concise yet profound statement, “#Bitcoin is Rules Without Rulers,” resonates deeply with me, given my lifelong quest for decentralization and democratization in various aspects of society.


Michael Saylor, a prominent advocate for Bitcoin and co-founder of the MicroStrategy business intelligence behemoth, has sparked interest among the international cryptocurrency crowd with his latest Twitter post regarding Bitcoin.

Saylor published it while the world’s flagship cryptocurrency staged a 2.7% decline, falling from above the $64,000 price level.

Michael Saylor and “Bitcoin rules”

A proponent of Bitcoin shared a tweet, succinctly stating that “Bitcoin is Governance Without Government.” In essence, he was expressing the idea that Bitcoin operates without any central authority or rulers.

#Bitcoin is Rules Without Rulers.

— Michael Saylor⚡️ (@saylor) August 26, 2024

In the image accompanying the tweet, there’s an AI-created character resembling a girl with android-like features, similar to the lead character from the 1997 sci-fi film “The Fifth Element” directed by Luc Besson. This character sports a Bitcoin logo embedded in her chest, suggesting that Elon Musk may be implying that Bitcoin could be the crucial “fifth element” humanity needs at this moment.

In his role as co-founder and head of MicroStrategy, the pioneer in purchasing Bitcoin for its financial records, Saylor consistently shares daily tweets featuring Bitcoin themes and relevant graphics, fostering a pro-Bitcoin atmosphere among cryptocurrency enthusiasts online.

Bitcoin goes into plunge after soaring above $64,000

In the past day, the most prominent cryptocurrency has experienced a significant drop of nearly 3%. This dip took it out of the $64,500 region and down to $62,720. At the moment, it’s being traded at around $62,860.

Following an impressive 11.14% surge that saw Bitcoin reach over $64,000 for the first time in some days last week, its value has started to drop. This downturn began after Bitcoin was trading within the $64,000 range from Friday through Monday. The fall seems to be due to bearish sentiment.

Earlier this year, as a researcher studying financial trends, I found myself aligning with the views of influential figures such as Robert Kiyosaki, Max Keiser, and Samson Mow regarding Bitcoin’s potential growth. While Kiyosaki expressed his hope rather than a definitive prediction that Bitcoin could soar to an impressive $350,000 by mid-August, he nonetheless anticipated significant price increases.

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2024-08-27 11:13