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CryptoXTimes > Article > News > Michael Saylor Backs Bitcoin As ‘Godzilla’ Of Finance
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Michael Saylor Backs Bitcoin As ‘Godzilla’ Of Finance

Michael Saylor calls Bitcoin 'Godzilla', predicts financial system disruption, urges smart investment strategy.

Aima Raza
Last updated: June 15, 2024 4:49 pm
Aima Raza 1 year ago
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Michael Saylor Backs Bitcoin As 'Godzilla' Of Finance

According to Michael Saylor, CEO of MicroStrategy and an acknowledged supporter of Bitcoin, BTC is the “Godzilla” that will change and maybe even destroy current currency financial systems. And this is the most recent thing he’s said to back the world’s most valuable digital currency.

At the BTC Prague event, Saylor talked about how this change is being caused by two main things: Bitcoin’s growing fame and its impressive performance. Definitely, he thought that BTC would totally change systems that have been in place for thousands of years, rendering all current political and financial models useless.

“When Godzilla walks onto the playground, all your models are worthless. They're all gonna be destroyed.”

— @saylor on #bitcoin at #BTCPrague 🔥 pic.twitter.com/x6vt8960Dc

— BTC Prague (@BTCPrague) June 14, 2024

Saylor told them:

“All of your models will be destroyed. This includes your political models.” Ten thousand years of learning are over.

Saylor’s View On Bitcoin

Saylor also said that scientists today who make economic predictions using old methods are like knights in the Middle Ages who fought with bows and arrows against an enemy with more modern weapons.

He thinks Bitcoin is a complicated and upsetting force in the world of finance, and he is skeptical that the current system will be able to handle the change that is coming.

Saylor always tells people who want to invest in Bitcoin to be smart and never bet or try to time the market. If you really understand BTC potential, he says that people will see that it can destroy and change the way standard banks work. He says that its effect is like a force that you can’t control.

As of late, Bitcoin was worth $71,000. Saylor posted on X an AI-made picture of a BTC mascot on a beehive and told buyers to “Join the Swarm.” This subtle reference encourages people to join the fast growing group of Bitcoin owners and supporters around the world.

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TAGGED: Bitcoin, BTC, ETF
By Aima Raza
As a practicing lawyer who focuses on issues related to crypto and blockchain, Aima gives our content a unique legal viewpoint. Because she is so good at navigating the constantly changing regulatory environment, our readers always know about the latest regulations and happenings in the crypto world.
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