Microstrategy CEO Michael Sailor believes Bitcoin creator Satoshi Nakamoto deserves the Nobel Prize in Economics.
In addition, he believes that he should be awarded another Nobel Prize “for inventing a monetary system that is not based on the threat of violence.”
Satoshi Nakamoto deserves the Nobel Prize in Economics for the invention of #Bitcoin, followed by the Nobel Peace Prize for the invention of a monetary system that doesn’t rest on the threat of violence. https://t.co/C7Qr9Otdvt
– Michael Saylor (@michael_saylor) June 17, 2021
Yesterday Microstrategy again acquired an additional 13,005 bitcoins for about $ 489 million. The average starting price of the last BTC purchase was $ 37,617 per bitcoin.
These coins were added to the existing 92,079 BTC, bringing the total to approximately 105,085 BTC as of June 21, 2021.
As soon as news broke that Microstrategy was buying an additional 13,000 bitcoins, the cryptocurrency segment of Twitter was filled with discussions that Sailor should have waited for the BTC drop to end before buying.
Those who give advice to Michael Saylor need to understand: he is playing a long game. His thesis is that the value of fiat money evaporates faster than an ice cube under the sun. Hedging is to trade this melting ice cube for hard assets, and BTC is unparalleled in this regard, Weiss Ratings noted.
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