Michael Saylor Reacts to the FTX Collapse: "We've Said This Already"

Michael Saylor Reacts to the FTX Collapse: “We have Stated This Already”

by Jeremy

As every passing day goes by, and extra layers of the onions get peeled, the Sam Bankman-Fried/FTX scenario is changing into progressively worse. The scenario progressed from what appeared to be billionaire Twitter beef… to rumors that one other crypto alternate going underneath… to a different bailout/acquisition, to a failed deal, to now, the media evaluating the enterprise practices of Sam Bankman-Fried to that of disgraced “investor” Bernie Madoff.

The autumn of Sam Bankman-Fried and FTX is transcending the crypto sphere, and can certainly garner reactions and responses from everybody in each the crypto and monetary area. In his first public response to the collapse, Bitcoin Bull Michael Saylor gave his tackle the scenario in a brief clip with CNBC. Saylor reiterated the significance of self-custody, the significance of Bitcoin as a decentralized commodity (not safety), and that Bitcoin advocates noticed this coming.

Michael J. Saylor is an American entrepreneur and enterprise government. He’s the chief chairman and co-founder of MicroStrategy, an organization that gives enterprise intelligence, cell software program, and cloud-based providers. Saylor served as MicroStrategy’s chief government officer from 1989 to 2022. In 2020, Saylor adopted the Bitcoin technique when MicroStrategy used $250 million from its money stockpile to buy 21,454 Bitcoin.
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► To observe the total interview:
https://www.youtube.com/watch?v=Ql4iiTZfoDI

Michael Saylor Reacts to the FTX Collapse: “We’ve Stated This Already”

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