MicroStrategy’s Michael Saylor Addresses The Blue Dollar Weakening

MicroStrategy’s Michael Saylor has been a massive Bitcoin supporter. Even in times of strong volatility, he has been boosting Bitcoin and his firm has been accumulating the king coin.

Saylor addresses the Blue Dollar

Check out the latest tweet that he shared on social media.

Someone said: ‘You see, goverments in the world banning BTC and crypto is #1 risk in the short and middle term, they are very powerful. A strategy to educate them should be a priority, otherwise they become agressivly deffensive.’

One other follower posted this: ‘When I left my country in 2006 the minimum wage was around AR$ 1200…And my rent was AR$ 360..Fast forward to today: minimum wage AR$ 18.900
Rent: AR$ 35.500…’

Bitcoin miners are fleeing China

Check out one of Saylor’s recent tweets below.

Saylor is quoting Reuters press agency which reveals that “Large bitcoin miners fleeing China to escape a state crackdown will take many months to start operating again, as data centres from Texas to Siberia scramble to secure space and power for them, while many smaller players may struggle to move at all.”

Regarding the price of Bitcoin today, at the moment of writing this article, BTC is trading in the green and the king coin is priced at $34,310.51.

Stay tuned for more news and check out more bullish predictions.

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.
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