Markets· ★★· neutral·

Michael Saylor responds to venture investor Calacanis's 'bitcoin obituary'

  • Calacanis: bitcoin is bad for transactions and smart contracts, and its UX puts users off
  • Saylor: bitcoin has grown to $1.6 trillion and become the world's most valuable digital asset
  • Saylor: preserving capital across generations matters more than dinner-party entertainment
Why it matters: The public dispute reflects the divide between supporters of bitcoin as a store of value and critics of its consumer utility.
Source: CoinDesk