Bitcoin
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MicroStrategy founder and executive chairman Michael Saylor tweeted that Bitcoin’s mission is paramount right now.
Never has the mission of bitcoin been more important.
In addition, he shared a clip from a FOX Business podcast about recent issues in the crypto space. A conversation between bitcoin advocate Natalie Brunell and host Charles Payne introduces users to the mission of bitcoin.
The expert emphasized that the value proposition of bitcoin and self-protection have never been more important. Speaking about FTX, she confidently stated that this is a scam that should not have happened.
In her opinion, the problems of the platform are related to the loan. At the same time, BTC does not bear counterparty risks and can be safely stored independently without the participation of intermediaries.
Surprisingly, the presenter did not know that it is not necessary to use the services of third parties to store bitcoin. He was probably even more impressed by the words about Brunell that after the collapse of FTX, nothing has changed in the Bitcoin model.
The mass withdrawal of bitcoins from crypto-exchanges did not affect the network hashrate, which is still high, nothing has changed when processing transactions, and transferring coins to a personal wallet is the implementation of one of the undeniable advantages of the bitcoin blockchain.
Brunell concluded her speech by saying that the bankruptcies of centralized companies in the crypto market demonstrate the importance of the invention of decentralized bitcoin.
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