Michael Saylor, the founder and ex-CEO of MicroStrategy and an avid Bitcoin supporter, recently shared a new Bitcoin-related update with his large following on social media platform X.
This message provoked a mixed reaction from the cryptocurrency community.
Saylor’s new “divine” Bitcoin message and Mandalorian post
Michael Saylor shared an artificial intelligence-created picture of Bitcoin with the label “Bitcoin is Divine.”
The Bitcoin community was excited by that statement. Lark Davis, a well-known crypto YouTuber, expressed his sentiment by saying: “Nothing compares to Bitcoin.” The Kraken exchange’s official account cautioned that Saylor’s tweet came perilously close to announcing a new Bitcoin faith with their response: “A new religious belief in Bitcoin has been born.”
Wake up babe, new religion just dropped 😅 🧡
— Kraken Exchange (@krakenfx) April 11, 2024
Another X/Twitter user commented that Saylor’s “Bitcoin posts keep getting more and more extreme.”
This morning, a well-known Bitcoin advocate shared a message about Bitcoin on social media, using a quote from Disney’s The Mandalorian: “Bitcoin is the answer.”
#Bitcoin is the Way.
— Michael Saylor⚡️ (@saylor) April 12, 2024
Saylor posts Bitcoin halving reminder
The founder of MicroStrategy recently notified the cryptocurrency community that the Bitcoin halving event is just around the corner, happening in less than a week. During this event, the number of Bitcoins awarded to miners for each new block they mine will be reduced by half, from 6.25 Bitcoins to 3.125 Bitcoins.
Bitcoins and altcoins supporters eagerly anticipate this occurrence that happens roughly every four years, a provision built into Bitcoin’s code by its elusive inventor, Satoshi Nakamoto.
After the halving, the decrease in new Bitcoins entering the market each year will be significant, leading some in the Bitcoin community to call it a “supply shock.” According to well-known crypto analyst and entrepreneur Willy Woo, this event could cause a substantial increase in the price of Bitcoin.
“Rich Dad Poor Dad” author says “no” to Bitcoin ETFs
Financial expert and author Robert Kiyosaki, known for his best-selling book “Rich Dad Poor Dad,” shared an intriguing tweet today expressing his reluctance towards purchasing spot Bitcoin Exchange-Traded Funds (ETFs).
Kiyosaki has a preference for not just Bitcoin but also gold, silver, and real estate. According to his tweet, he chooses to invest in these assets by purchasing real Bitcoin, physical gold and silver, mines, and residential properties instead. He avoids utilizing Wall Street instruments like exchange-traded funds.
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2024-04-12 17:56