BSV thought leader Joshua Henslee paints a picture of utter carnage in the digital currency industry with the recent crackdowns on popular exchanges, lending platforms, and other companies.
MicroStrategy's Michael Saylor recently said that Bitcoin should not be changed—which is fascinating since usually, BTC maximalists tend to be open to disfiguring the protocol as they please.
MicroStrategy also announced that Michael Saylor is giving up his CEO position to take up a new role as Executive Chairman while retaining his status as Chairman of the Board.
A group of influential BTC investors, including Michael Saylor and Jack Dorsey, recently sent a letter to the EPA outlining what they called "misconceptions" about mining.
On an earnings call this week, CFO Phong Le revealed that MicroStrategy had missed its earnings predictions by almost 800% and faces impairment expenses of over $170M on its digital asset holdings.
Bitcoin is a financial system, and it doesn’t matter whether systems on the network ‘want’ a transaction; it only matters whether something can be legally processed and enforced.
A day after U.S. President Joe Biden signed the executive order on digital assets, the Department of Labor issued a warning about the potential pitfalls of offering digital currencies as investments.
The only conclusion that can be reasonably drawn from the PBD Podcast episode with Michael Saylor is that he is either being deliberately deceptive or has failed to grasp even the basics of Bitcoin.
The U.S. Securities and Exchange Commission, headed by Gary Gensler, has objected to MicroStrategy’s adjustment for Bitcoin impairment charges using non-GAAP measures.
MicroStrategy executives have sold off nearly US$175 million in company stock over the past year, cashing in on a bull run in both company share and BTC prices.
Online reviews, social media posts, and Twitter bios echo similar sentiments: the book is apparently revelatory and life-changing, putting people on The Bitcoin Standard pathway, initiating them into the HODL culture of BTC maximalism.
It looks like Michael Saylor, the chairman, president and CEO of MicroStrategy, does not quite understand how Bitcoin works.
