Bitcoin Will Save the World from Economic Chaos,

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Bitcoin Will Save the World from Economic Chaos, —Michael Saylor

Published Oct 23, 2022 04:56AM ET

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Bitcoin Will Save the World from Economic Chaos, —Michael Saylor

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MicroStrategy founder recently argued that BTC is the best chance to heal the world.
CEO Saylor said BTC is the union offering hope for individuals struggling against oppressive forces.
Bitcoin represents 99% of all crypto power, offering 100 times the security of all the other crypto networks.

In a keynote speech recently, the crypto lover founder of MicroStrategy, Michael Saylor, argued that Bitcoin is the best chance to heal the world and rise above the chaos. Saylor expressed conviction that Bitcoin represents the union that offers hope for the individual struggling against the oppressive force of the political class.

#Bitcoin is a union that offers hope for the individual struggling against the oppressive force of the collective. It is the best chance we have to heal our world and rise above the chaos. My 2022 @TheAtlasSociety Keynote Speech animated on a Whiteboard.https://t.co/DkFnmlzCwL
— Michael Saylor (@saylor) October 22, 2022

In his words, “the union gets more powerful as more people join.” The MicroStrategy founder added that Bitcoin is an economical machine based on a truth machine poised to emerge as a freedom machine. According to him, it is the best choice to save civilization.

The crypto-lover billionaire also commented on the widespread misconception about Bitcoin energy. He believes power is critical to creating ethically, technically, and economically sound digital money. In his opinion, the Bitcoin asset will be intangible without power, and the network will be insecure with an inflating supply.

In the Bitcoin Mining Council (BMC) third-quarter survey report confirming year-on-year improvements in sustainable power mix and efficiency, Saylor said:

With a hash rate approaching 267 EH, Bitcoin represents 99% of all crypto power, offering 100 times the security of all the other crypto networks combined

Three days ago, Michael Saylor published his company’s assets performance against the traditional assets from when it adopted Bitcoin. According to the tweet, MicroStrategy (MSTR) gained 89%, and Bitcoin gained 61%. On the other hand, the values of GOLD, BOND, and Silver depreciated by doubled digits negative values.

Since @MicroStrategy adopted a #Bitcoin Standard:MSTR +89%BTC +61%S&P 500 +12%NASDAQ -1%GOLD -18%BOND -23%SILVER -33%Performance vs USD since 10 Aug 2020.
— Michael Saylor (@saylor) October 21, 2022

The post Bitcoin Will Save the World from Economic Chaos, —Michael Saylor appeared first on Coin Edition.

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US 30	36,195.2	+70.6	+0.20%
US 500	4,581.5	+14.3	+0.31%
Dow Jones	36,124.56	-79.88	-0.22%
S&P 500	4,567.18	-2.60	-0.06%
Nasdaq	14,229.91	+44.42	+0.31%
S&P 500 VIX	12.85	0.00	0.00%
Dollar Index	103.857	-0.138	-0.13%

Crude Oil WTI	72.21	-0.11	-0.15%
Brent Oil	77.18	-0.02	-0.03%
Natural Gas	2.687	-0.008	-0.30%
Gold	2,041.25	+4.95	+0.24%
Silver	24.642	+0.096	+0.39%
Copper	3.8117	+0.0262	+0.69%
US Soybeans	1,306.38	-2.37	-0.18%

U.S. 10Y	4.192	+0.025	+0.60%
U.S. 30Y	4.321	+0.015	+0.34%
U.S. 5Y	4.171	+0.033	+0.81%
U.S. 3M	5.431	+0.024	+0.44%
US 10Y T-Note	110.70	-0.22	-0.20%
Euro Bund	134.75	-0.14	-0.10%
10-2 Yield Spread	-41.37	-3.31	8.70%

Apple	193.42	+3.99	+2.11%
Alphabet A	130.99	+1.72	+1.33%
Tesla	238.72	+3.14	+1.33%
Amazon.com	146.88	+2.04	+1.41%
Netflix	455.15	+1.25	+0.28%
Meta Platforms	318.29	-1.73	-0.54%
Bank of America	30.58	-0.24	-0.78%

Bitcoin Will Save the World from Economic Chaos, —Michael Saylor

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