U.Today – Erik Voorhees, a OG who based Spaceshift and just lately additionally Venice AI, has printed a publish on the X platform to remark on the current huge Bitcoin buy introduced by Michael Saylor’s MicroStrategy behemoth.
Earlier this week, the corporate’s government chairman introduced the acquisition of one other Bitcoin chunk that significantly surpassed the earlier ones made this 12 months. Other than Voorhees, one other huge Bitcoiner praised Saylor for the BTC acquisition — Max Keiser.
Erik Voorhees compliments MicroStrategy’s Bitcoin buy
Voorhees complimented on the large Bitcoin acquisition made by MicroStrategy. This time the corporate added a staggering 18,, paying a whopping $1.1 billion for that new BTC chunk.
They purchased the Bitcoin at a mean worth of $60,408. Now, the corporate holds 244,800 BTC valued at $14,675,662,080.
Voorhees characterised this buy as a “daring transfer,” stressing the worth of Bitcoin continues to develop and MicroStrategy continues its “campaign” on accumulating BTC. As many Bitcoiners now, Voorhees believes that the U.S. greenback is shortly shedding worth on account of a number of money printings carried out by the U.S. authorities just lately and the fast-growing nationwide debt of the nation.
Talking concerning the above-mentioned buy, he tweeted: “Promote frequently debased asset for scarce asset.”
Bitcoin maximalist and the official BTC advisor to the president of El Salvador Nayib Bukele Max Keiser has additionally praised Michael Saylor and MicroStrategy’s choice to extend the corporate’s wager on Bitcoin.
$10 million per Saylor and Hal Finney in future
Earlier this week, Michael Saylor paid a go to to CNBC’s Squawk Field to debate Bitcoin with the hosts. In the midst of the dialogue, the mentioned that because of the BTC technique undertaken by MicroStrategy 4 years in the past, the corporate is presently outperforming all the opposite gamers inside the S&P 500 index by share worth enhance.
Saylor additionally shared his bullish expectations, saying that in 21 years Bitcoin could skyrocket to $10 million per coin.
Notably, an analogous prediction was made in 2009 by the late cypherpunk legend Hal Finney, who obtained the very first Bitcoin transaction from the mysterious Satoshi Nakamoto.
Hal Finney was believed to be the true Satoshi by many inside the neighborhood. Finney said on a Bitcoin discussion board message that if Bitcoin turns into probably the most used cost system, every of its 21 million cash is more likely to attain the value of $10 million.
