U.Today – Michael Saylor's Bitcoin Tweet

Michael Saylor, co-founder and executive chairman of MicroStrategy, recently tweeted about Bitcoin, coinciding with a 2.8% recovery in its value following a 3.13% decline earlier this week.

His tweet, "You are going to want something faster. #Bitcoin," features him in a black suit with an orange Bitcoin tie, standing next to an orange sports car branded with the Bitcoin logo instead of a car maker's emblem. The car also displays the stock ticker for MicroStrategy (MSTR), indicating Saylor's dual promotion of Bitcoin and his company.

Saylor Seeks Peace with Bitcoiners

On October 23, Saylor addressed criticism from prominent Bitcoiners such as Max Keisier and Samson Mow. He dismissed fears that the U.S. government could confiscate BTC held by private custodians and argued that the historical confiscation of gold was voluntary. Saylor acknowledged the need for self-custody but referred to Bitcoin advocates who favor it as “paranoid crypto anarchists.”

After backlash for contradicting Bitcoin's mantra of “not your keys – not your coins,” he tweeted support for self-custody, emphasizing the freedom to choose custody options. Saylor expressed that Bitcoin benefits from all types of investment and reiterated his dedication to Bitcoin despite differing views on its role as a store of value versus a P2P currency, aligning with Satoshi's vision.

*This article was originally published on U.Today.