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Author Topic: Michael Saylor is not Bitcoin's hero  (Read 298 times)
bbc.reporter (OP)
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December 09, 2020, 01:57:00 AM
 #21

Also, this news. He might order his company to create blockchain analytics capabilites on bitcoin and sell the data to exchanges and maybe also the government agencies. However, yes I know no one cares if he pumps bitcoin hehe.



MicroStrategy is in the early stages of developing what could become commercial bitcoin data products.

MicroStrategy is assembling a team to explore data and analytics products for bitcoin.

During his November 16 remarks, CEO Michael Saylor — who previously spoke with The Block about his and his firm’s perspective on bitcoin as a capital asset — spoke about the potential of building bitcoin-focused offerings into MicroStrategy’s core intelligence product suite.


Source https://www.theblockcrypto.com/post/85310/microstrategy-bitcoin-data-products

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December 09, 2020, 02:04:30 AM
 #22

Quote
“People with billions of dollars don’t want to invest in crypto networks that support anarchists,” Saylor explained.

I asked Saylor if this was a marketing problem.

"It’s a matter of emphasis. The industry would benefit if we didn’t call Bitcoin a cryptocurrency, but a crypto asset."

1.99% of the people,who own cryptocurrencies aren't anarchists.His point isn't valid.

2.It doesn't matter how we call Bitcoin.BTC is both a cryptocurrency and a crypto asset,so the way we call it doesn't change the nature of Bitcoin in any way.I don't give a damn about the opinions of the Treasury and the Federal Reserve.

I don't like the views of this guy about crypto.As if he is trying to say "Look,I'm OK with pumping the Bitcoin price,but let's not make the big boys angry." By the "big boys" I mean the Federal Reserve,the government and the big payment gateway companies.


This is what we see in the market, no matter what bad words they throw on bitcoin, the price won't even budge no matter how famous they are in terms of wealth. The only opinions that matter are those of the world leaders and still the only opinions that will make a big change in the market will be good opinions just like what happened when the Chinese President said good things about BTC last year.

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December 09, 2020, 05:20:54 AM
 #23

MicroStrategy is in the early stages of developing what could become commercial bitcoin data products.
MicroStrategy is assembling a team to explore data and analytics products for bitcoin.
In other words more money in their pockets by selling vaporware to businesses who are forced to buy such vaporware by the regulatory body. And more users' accounts being blocked because some shitty blockchain analysis company told them the transaction looks "suspicious".

It's definitely turning into a niche these days and there is a lot of money to be made by doing practically nothing useful.

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December 10, 2020, 03:35:32 AM
 #24

@pooya87. Vaporware would be the best for the users hehe. Real data sold to government agencies for intelligence gathering, however, would be clearly be very bad for bitcoin as a currency.

In any case, some comedy for you. Microstrategy made the list of bitcoinmagazine.com's Best Bitcoin Projects of 2020 hehehehe.



MicroStrategy made waves this year when it announced that it had adopted a Bitcoin standard for its corporate treasury, converting more than $450 million to BTC at an average price of $11,111. It has since made two more massive bitcoin buys while announcing intentions on offering Bitcoin blockchain data products in the future.

Source https://bitcoinmagazine.com/articles/the-21-most-influential-bitcoin-projects-and-companies-of-2020

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