According to U.Today, Michael Saylor, the chairman of MicroStrategy and a Bitcoin advocate, has made a bold statement that Bitcoin is set to revolutionize and potentially dismantle the existing fiat financial models. Saylor made these remarks at the BTC Prague event, where he highlighted Bitcoin's growing adoption and extraordinary performance as key factors in this transformation.
Saylor passionately argued that Bitcoin would render obsolete all existing financial and political models, fundamentally reshaping the systems that have been in place for millennia. He stated, “All your models will be destroyed, your political models, everything we learned over 10,000 years.” He criticized modern statisticians who attempt to make financial projections using outdated methods, comparing them to medieval warriors using bows, arrows, chariots, and elephants in a battle against an adversary equipped with explosives, aircraft, and other advanced weaponry.
In Saylor's view, Bitcoin represents this sophisticated and disruptive force in the financial sector. He believes that the current financial system stands no fighting chance to resist the impending change that is certain to occur. Saylor has consistently advocated that investors explore Bitcoin by adopting a disciplined approach to investment. While highlighting the pros, he also warns against the pitfalls of trying to time the market or making large, speculative bets.
Saylor maintains that a true understanding of Bitcoin's potential reveals its capacity to disrupt and destroy conventional financial models. He likens Bitcoin's impact to a powerful and unstoppable entity. In a recent post, following Bitcoin's surge to $71,000, Saylor urged investors to “Join the Swarm,” a reference to aligning with the rapidly growing global community of BTC believers and holders.
