During a recent interview with Ryan Rasmussen, research manager at Bitwise Invest, the co-founder of the Michael Saylor strategy declared This bitcoin is a “paradigm change” in response to a question about what the legendary investor Warren Buffett and other leading opponents are mistaken on Bitcoin.
Saylor noted that many people did not recognize electricity, radioactivity or radio waves, suggesting that Bitcoin could have the same level of impact.
“If you have never seen it, you cannot blame someone in 1890 not to appreciate the potential of electricity,” he said.
According to Saylor, conventional thinkers do not want to be “shocked” or “burned”.
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“But, if you think about it, the city of New York based on electricity, and all your planes and trains and cars are based on fire. Thus, an engineer would exploit electricity and operate the fire, but many, many people are always afraid,” added Saylor.
Bitcoin has ten times more energy content compared to a traditional capital asset. Those who can exploit its energy could transform cryptocurrency into “a growth engine” for their societies.
Buffett is, of course, known as one of the most ardent Bitcoin reviews. In 2018, he called the main cryptocurrency “Rat poison at the square”. As Reported by U.TODAYThe legendary investor, who has a net value of $ 166 billion, previously said that he would refuse to buy all bitcoins for simple dollars.
