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Michael Saylor announces he will destroy his Bitcoin private keys after his death
According to BlockBeats, MicroStrategy co-founder Michael Saylor announced that he would destroy his Bitcoin private keys after his death, calling the move a contribution to Bitcoin holders around the world.
MicroStrategy currently holds 446,400 bitcoins, worth about $44.27 billion. Saylor said that destroying private keys will reduce market supply and increase the value of bitcoin.
He hopes that he can be remembered for promoting Bitcoin. This proposal has sparked discussion in the currency circle, with some people thinking that this move is irresponsible, while others praised it as a diamond hand move.
MicroStrategy currently holds 446,400 bitcoins, worth about $44.27 billion. Saylor said that destroying private keys will reduce market supply and increase the value of bitcoin.
He hopes that he can be remembered for promoting Bitcoin. This proposal has sparked discussion in the currency circle, with some people thinking that this move is irresponsible, while others praised it as a diamond hand move.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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