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MicroStrategy founder Michael Saylor highlights the impact of Bitcoin halving on price

MicroStrategy founder Michael Saylor highlights the impact of Bitcoin halving on price

2024/04/17 09:00

According to U.Today, Michael Saylor, the founder and former CEO of MicroStrategy, is one of the most influential figures in the Bitcoin community. He is now focused on the company’s Bitcoin strategy, which MicroStrategy adopted in 2020. Recently, he published a tweet on Twitter highlighting the significant impact that the upcoming Bitcoin halving will have on the price of Bitcoin. His message also mentioned buying pizza, but it wasn’t about the famous Bitcoin Pizza Day. This event is also close, but not as close as the halving.

Saylor posted a short video with an accompanying tweet, writing, "Bitcoin moves money forward." The video showed the amount of pizza people could buy with one Bitcoin when Bitcoin first launched, and then showed The number of pizzas has increased dramatically over time to 2020 and then to now. The message of the video is that while regular fiat currencies have been losing value over time and you can buy far less for the same amount of money than you used to, the situation with Bitcoin is completely different. While the video doesn’t directly mention the Bitcoin halving, it says that “every four years the future supply of Bitcoin decreases.” Now that the Bitcoin halving is only three days away, more and more influencers are highlighting this comparison The importance of fundamental events in Bitcoin and its community.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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