Michael Saylor Responds to Bitcoin Obituary by Venture Capitalist
As Bitcoin reclaimed the $80,000 level, venture capitalist Jason Calacanis dismissed the asset as a relic of the past, comparing it to CDs and DVDs and criticizing its lack of utility and user experience. MicroStrategy co-founder Michael Saylor countered the critique, highlighting Bitcoin's $1.6 trillion success as a global digital asset and affirming his commitment to the asset class.
Summaries are written by AI from the original article. Not investment advice.