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Michael SaylorThe CEO of Strategy, shared that he turned to Bitcoin
Btc
106.525,82 USD
2020. Because pandemic influenced the economy and financial system.
Saylor explained during Interview with Jordan B. Peterson on June 9 that Hail appeared during the Coid-19 lockWhen interest rates were near zero and central banks pumped money in the economy.
At that time, The strategy had $ 500 million in cashBut that money was no longer well used.
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Saylor said that the restrictions that brought the pandemic of regular life and work felt lifeless. According to his, Small companies are the most severely affected, while large investors and financial markets quickly bounced.
He called him a division between “Main Street” and “Wall Street”, where everyday people fought while those with property came forward.
Saylor realized that Maintaining all that money in the low interest world was a problem. He did not make any money, but with the rise of inflation, his value slowly disappeared. He thought about several options, including property, stocks and even art.
During this search, Eric Weiss, who had experience in the crypto industry. By then, Saylor was mostly ignored BitcoinEspecially after he fell in 2018.
However, the conversation encouraged his interest. He started reading, watching videos and listening to Podcasta to find out more. Over time, Saylor Believed that Bitcoin could act as a kind of digital golda way to store values without relying on governments or central banks.
Recently, Saylor expressed concern about the way the companies engaged in the insured services during the Bitcoin 2025 Conference in Las Vegas. What did he say? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3 education, Aaron tries to transform the space the way we know it and make it more affordable to complete beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
