“Embrace Bitcoin” Michael Saylor’s Tweet Raises Heated Discussion, Here’s Why

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Michael Saylor, the founder and ex-CEO of MicroStrategy, caused a commotion in the Bitcoin world with a recent tweet. The subtlety in his message sparked a passionate debate among Bitcoin owners.

Saylor’s Bitcoin-robot tweet

Michael Saylor, a member of MicroStrategy’s management team and head of its Bitcoin initiative, frequently shares AI-generated pictures accompanied by pro-Bitcoin messages on social media.

This time, Saylor expressed his support for Bitcoin through a tweet accompanied by an image. In the picture, a young girl is depicted sharing a warm gesture with a robot reminiscent of sci-fi creations. The robot is labeled “Bitcoin.”

Embrace #Bitcoin

— Michael Saylor⚡️ (@saylor) April 22, 2024

Bitcoin holders expressed surprise and shared their opinions on Michael Saylor’s post, finding the selected image unusual. Nevertheless, some holders appreciated the image as well, voicing their support.

Bitcoin halving on 4/20

Saylor was among the early tweeters following the Bitcoin halving event, which occurred on April 19 for US residents and on April 20 for those in the UK and Europe. The Bitcoin halving is colloquially known as “Doge Day” in Europe.

April 20th is frequently called “4/20” and was historically recognized as a day for cannabis culture. This year, it held additional significance as it represented the one-year anniversary of Elon Musk’s first Starship launch by SpaceX, which took place on April 20, 2021.

The reward for mining a new block of Bitcoins was lowered from 6.25 BTC to 3.125 BTC by the fourth Bitcoin halving. This event is popular among Bitcoin users because it contributes to making Bitcoin more scarce. The CEO of JAN3, Samson Mow, referred to this process as “Bitcoin’s quantitative hardening,” distinguishing it from the quantitative easing measures implemented by the Federal Reserve that have led to frequent money printing on a massive scale.

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2024-04-22 17:21