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BCH $625.06 (-0.3%)
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BNB $408.35 (0.24%)
ADA $2.35 (-0.2%)
DOGE $0.24 (-0.4%)

Michael Saylor: “Bitcoin Is Big Tech Without The Company”

Bitcoin-BigTech-Says-Michael-Saylor
  • Microstrategy’s Michael Saylor has called Bitcoin big tech but without the company.
  • He talked about this to Natalie Brunell for her podcast, Coin Stories.
  • As of last count, his company HODLs 105,085 BTC.

Speaking to Natalie Brunell for her podcast Coin Stories, Michael Saylor stated that Bitcoin is just like big tech but without the company involved. He compared the leading crypto to the likes of Apple, Google, and Facebook.

A hardcore supporter, Saylor has invested billions of dollars in Bitcoin. He, however, does not see it as just an investment opportunity. He said:

I found Bitcoin because I had a problem and the traditional solution didn’t look like a solution anymore.

Referring to its qualities as a payment medium, the founder has again and again stressed on why Bitcoin is a better form of money. In this specific podcast, he notes that Bitcoin gives users the big tech network that they want, “with all the dominance of Apple, or Google, or Facebook but without the company attached… What you’re getting is just the pure big tech network.”

The product of bitcoin, is just bitcoin.

Earlier, Saylor and his company Microstrategy have repeatedly made the news.  They’ve consistently been speaking in favor of Bitcoin and its use as a payment system. As of its last count, Microstrategy HODLs almost 105,085 BTC.

Considered for a long time to be one of the biggest Bitcoin whales, Saylor has been repeatedly accused of causing the Bitcoin boom. For now, the crypto’s value struggles along at $32,523.

Lisa is excited about all things tech. She devotedly follows blockchain and crypto updates, sharing her passion through writing about it. She is a regular contributor for cryptocurrency news and articles.