According to U.Today, Michael Saylor, the founder of MicroStrategy, a business intelligence giant, has revealed that he has spent thousands of hours studying Bitcoin. In a recent interview on the 'Visao de Lider' podcast, Saylor, a staunch Bitcoin advocate, discussed his views on the leading cryptocurrency. He was asked about the number of hours he has dedicated to studying Bitcoin, to which he responded that he has spent several thousand hours over the past three and a half years.
Saylor's understanding and appreciation of Bitcoin have grown over time. Initially, after 20 hours of study, he was skeptical, comparing Bitcoin to online gambling and predicting it might eventually be banned. However, after dedicating over 100 hours to studying the digital asset, he began to see Bitcoin as superior to gold and a 'really good idea digital asset.' After reaching 1,000 hours of study, Saylor concluded that Bitcoin was 'probably the best digital asset.'
His understanding deepened further after several thousand hours of study. He began to see Bitcoin as an 'instrument of economic empowerment' and a representation of property rights for eight billion people. He described it as the 'singularity where engineering and science and mathematics crash into economics and politics.' Saylor also noted that he has yet to meet a Bitcoin critic who has spent even 100 hours studying the cryptocurrency.
In terms of market performance, Bitcoin has seen a decrease in value over the past few days. In the last 24 hours, it lost 2.45% of its market value, dropping to the $63,903 zone. Since April 24, the leading cryptocurrency has decreased by 6.85% overall. At the time of writing, Bitcoin is trading at the $62,393 level.
