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Bitcoin has been making a lot of headlines these days with all sorts of bullish news arising. After Amazon denied rumours that it would start accepting BTC as payment and that the firm would even create its own crypto by 2022, BTC has been trading around $37k.
Despite the massive volatility, MicroStrategy’s Michael Saylor has been boosting the coin like there’s no tomorrow.
Now, he shared the following relevant tweet.
The integrity & durability of #Bitcoin are based on the sound economic principles embedded in the protocol. @saylordotorg partnered with @saifedean to create a course to explore how free enterprise and property rights motivate economic activity. It’s free.https://t.co/1pUKIG5u3J
— Michael Saylor (@michael_saylor) July 26, 2021
Saylor continues to be bullish about Bitcoin these days. He also made sure to buy some more BTC.
Happy that I smash bought #bitcoin on Square @CashApp this weekend.
— Michael Saylor (@michael_saylor) July 26, 2021
Also, MicroStrategy’s Michael Saylor is revealing the cure for inflation and this is Bitcoin. Check out the post that he shared on his social media account.
#Inflation is a cancer that has been killing civilizations throughout history. #Bitcoin is the cure. https://t.co/nmj753S8fj
— Michael Saylor (@michael_saylor) July 25, 2021
You should check out the complete thread that Saylor is addressing on Twitter.
The thread begins by stating that “1/ Hard to soft Money: The Hyperinflation of the Roman Empire. Thousands of years before 1920s Weimar Germany Flag of Germany hyperinflation, there was the great currency debasement of the Roman Empire Coin.”
At the moment of writing this article, BTC is trading in the red and the king coin is priced at $37,296.02.
Bitcoin in the news
Anthony Pompliano sees a great second half of the year for the king coin. Check out what he recently posted on his Twitter account.
The second half of 2021 is going to be more breathtaking for Bitcoin than the first half of the year.
The supply shock is not over.
The strong hands have been gobbling up as much Bitcoin from the new and uninitiated as possible.
It is all right there in the on-chain metrics.
— Pomp 🌪 (@APompliano) July 24, 2021
Also, the mass adoption of Bitcoin is going great.