It was revealed that Amazon founder Jeff Bezos would spend $600 million to plan a wedding. MicroStrategy co-founder Michael Saylor joked under Bezos's Twitter that it would be more cost-effective to spend $600 million to buy Bitcoin.
Wedding Cost Rumors Spark Bitcoin Talk
Recently, foreign media claimed that Bezos planned to spend $600 million to hold a wedding with his fiancée Lauren Sanchez. However, Bezos immediately publicly denied the rumors on Twitter, saying, "As the saying goes, hearing is believing, seeing is believing. Everyone should be careful. I was deceived." He further said, "I'm quite curious. If this incident hadn't happened by then, would the media who had reported it and reprinted it come out and correct it?"
Bezos’ rebuttal post.
But what’s funny is that Michael Saylor, co-founder of MicroStrategy, who had previously shouted “Bitcoin Reserve” and recommended Microsoft to buy Bitcoin, left a message under Bezos’ post: “Rather than spend so much money to do it? For the wedding, why not invest the money in Bitcoin?" Many netizens laughed.
Saylor remains firm in his stance on Bitcoin
Saylor, a longtime Bitcoin advocate, suggested that Bezos enter the market at the current price of one Bitcoin of about $94,500 and use $600 million to buy 6,349 Bitcoins to become a reserve asset.
Saylor has always believed that Bitcoin is an anti-inflation asset and an important tool for value preservation, and can be used as "digital gold." As CEO of MicroStrategy, Saylor transformed the company into one of the world's largest Bitcoin holders, currently holding more than 440,000 Bitcoins worth billions of dollars. He emphasized that Bitcoin performs better than traditional currencies and bonds in company asset allocation.
(Micro-strategy bought Bitcoin again, but it fell after being included in the index. Will there be a Christmas market in the crypto market this year?)
Will Bezos consider Bitcoin?
Although Bezos, one of the richest men in the world, has not yet disclosed plans to invest in Bitcoin, assuming he enters the crypto market, it will definitely attract widespread attention. As more and more institutions and high-net-worth users adopt Bitcoin as an asset allocation, Saylor's suggestions may stimulate more people's interest in cryptocurrencies.
(Micro-strategist Michael Saylor urges Microsoft to implement a Bitcoin reserve strategy, and the market value is expected to increase by 5 trillion mg)
This article Michael Saylor ridiculed Amazon founder Bezos’s wedding cost: 600 million is more cost-effective to buy Bitcoin. First appeared in Chain News ABMedia.
