Michael Saylor, staunch Bitcoin advocate and founder of MicroStrategy, recently revealed the impressive number of hours he has devoted to the in-depth study of the premier crypto. An approach that allowed him to grasp the full scope of this revolutionary digital asset.
The journey of a skeptic turned Bitcoin evangelist
During his appearance on the “Visao de Lider” podcast, Michael Saylor retraced his intellectual journey with Bitcoin. Initially skeptical after only 20 hours of observation, fearing a ban on this asset which he compared to online gambling, his perception radically evolved throughout his research.
After 100 hours of study, he began to see the potential of Bitcoin, calling it a “very high quality digital asset”, even surpassing gold. His opinion was consolidated after 1000 hours of analysis, considering Bitcoin “probably the best digital asset”.
But it was truly after several thousand hours of total immersion that the entrepreneur fully grasped the scale and implications of Bitcoin, technologically, economically and socially.
A vector of financial emancipation on a global scale
In Michael Saylor's eyes, Bitcoin represents much more than just a speculative investment vehicle. He sees it, in fact, as an instrument of economic empowerment for the 8 billion inhabitants of our planet.
“ You come to conclude that it is a tool of financial emancipation, that it embodies a property right for eight billion individuals, that it represents the singularity where engineering, science and mathematics collides with economics and politics“, assertshe said fervently.
With these certainties acquired at the cost of thousands of hours of research, Michael Saylor did not hesitate to convert a substantial part of MicroStrategy's cash flow into bitcoins. Thus, the company currently holds more than 214,000 BTC, or approximately $13 billion at current prices. A bold bet which reflects the unshakeable confidence of its leader in the future of crypto.
Michael Saylor bluntly points out the lack of knowledge among Bitcoin slayers. According to him, no detractor has really taken the time to delve into the subject and understand its ins and outs.
In short, Michael Saylor's journey perfectly illustrates the importance of a rigorous and in-depth study to understand the true potential of Bitcoin. By devoting thousands of hours to analyzing this innovative asset, he was able to overcome his initial prejudices to become one of its most fervent evangelists.
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