Michael Saylor Spoke at the Bitcoin 2021 Conference

Michael Saylor spoke at the Bitcoin 2021 conference. The famous investor said he believes in Bitcoin.

Michael Saylor, CEO of MicroStrategy, which has acquired an asset of over 92 thousand BTC with its investments in the leading cryptocurrency Bitcoin, made some evaluations at the Bitcoin 2021 conference held in Miami. Saylor said he received a recommendation to invest in Bitcoin in 2014, but did not do so until 2020. Saylor, in his speech on the first anniversary of the first Bitcoin purchase, stated that Bitcoin is now the only investment he believes in. Michael Saylor expressed that investing in stocks and bonds no longer works for him, and said, "I think I've lost faith in all my traditional investments." Michael Saylor, who also touched on the energy consumption discussions about Bitcoin, said, "I think Bitcoin is the most efficient form of energy use that the human race has ever come up with." In addition, Saylor pointed out that Bitcoin recycles 0.25 percent of the energy wasted in the world by mining. Finally, Saylor emphasized that the recent sales in the Bitcoin market and the statements of Tesla CEO Elon Musk did not scare him at all.