Saylor Says Bitcoin Still Worth Buying Even if Anyone Can Create a Crypto Token
Minseung Kang
Summary
- Strategy Chairman Michael Saylor said the value of Bitcoin (BTC) is not undermined by the existence of other cryptocurrencies.
- Saylor said on X that he does not agree with the argument that there is no need to buy Bitcoin simply because anyone can create a cryptocurrency.
- He likened that argument to saying there is no reason to learn English because anyone can create a language, underscoring the value of Bitcoin.
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Michael Saylor, chairman of Strategy, said Bitcoin's value is not diminished by the existence of other cryptocurrencies.
On October 27, Saylor wrote on X, formerly Twitter, that saying there is no reason to buy Bitcoin because anyone can create a cryptocurrency is like saying there is no reason to learn English because anyone can create a language.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.