Michael Saylor Refutes Bitcoin Doubts, Calls It a Successful Project

By: www.coindesk.com|2026/09/19 12:36:00

Investor Jason Calacanis questioned Bitcoin's value as it returned to $80,000, stating that Bitcoin is not good for trading and smart contracts, has a poor user experience, and no longer sparks public imagination. He believes its supporters have shifted from "pirates" to "suit-wearing individuals in orange ties." In response, Michael Saylor, founder of Strategy, stated that Bitcoin's market capitalization has reached $1.6 trillion, making it the most valuable digital asset in the world. He emphasized that "digital capital" is a killer application, and the goal of preserving wealth across generations is more important, adding that "the orange tie will not come off," implying a steadfast commitment to the Bitcoin camp.

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