Michael Saylor posted a video on the social network X, which tells that the financial system is on the verge of destruction, and the US currency is already losing its purchasing value. Therefore, bitcoin is moving into full-fledged "evangelization", as supporters of this cryptocurrency assign religious ideas to it.
God Bless #Bitcoin pic.twitter.com/4XRjP5aLSB
— Michael Saylor (@saylor) July 9, 2024American venture capitalist Tim Draper compared the BTC market to a good church ready to receive parishioners. The same goes for bitcoin — anyone can become a part of its economy. Draper has previously said that the world is ready to abandon government cryptocurrencies in favor of bitcoin. Saylor agreed, writing in the comments that many people have changed their perception of bitcoin for the better and began to attribute spiritual values to it.
However, the head of Euro Pacific Capital, Peter Schiff, who was nicknamed the "Golden Beetle" for supporting investments in gold, still condemns cryptocurrencies. Schiff commented on the video, writing that bitcoin is even more corrupted than the dollar. The economist urged investors to find an alternative to the dollar, opting for silver or gold rather than bitcoin. Then Schiff completely branded bitcoin as a scam and a scam.
According to a recent forecast by Michael Saylor, bitcoin will be worth $8 million in the long run. As Saylor put it, everyone will buy bitcoin at the price they deserve.