
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