article image

Yuri Molchan

Distinguished commodity dealer has warned Michael Saylor from worshiping Bitcoin


Old-fashioned savvy chartist Peter Brandt has taken to Twitter to answer a latest Bitcoin-themed message posted by Microstrategy founder Michael Saylor.

Is Saylor worshiping Bitcoin?

Saylor, who’s a vocal Bitcoin evangelist, printed one in all his BTC praising tweets, this time saying “Imagine in Bitcoin”, adopted by an image of a bodily BTC coin with a girl worshiping it and which seems like some form of a forsaken altar in an underground temple.

Brandt responded, citing Psalm 27, which says that whereas some consider in chariots and horses, others consider in God. The outstanding dealer added “Bitcoin” to the record of issues that will distract folks from spiritual beliefs. 

Peter Brandt doesn’t appear to share the fanatic perception of Michael Saylor within the flagship cryptocurrency. Apparently, Brandt merely views Bitcoin as one in all commodities to commerce in the marketplace to make beneficial properties from.

Microstrategy’s Michael Saylor is thought for his manifold tweets devoted to Bitcoin, which are sometimes only one line sounding like a bit of historic knowledge, a metaphor or a sententia – “flows of digital vitality”, and so forth.

Peter Brandt’s criticism of BTC fanatics

Earlier this yr, in August, Brandt also slammed these within the Bitcoin military that participated within the “laser eyes” motion over the previous yr. It emerged in 2021 and was supported by those that believed that the main crypto would attain $100,000 throughout the coming years.

The famend chartist then acknowledged that as an alternative of heading up in the direction of $100,000, Bitcoin went again under the $20,000 stage. He identified the hazard of “dogmatic considering”.

Nevertheless, Michael Saylor and one other famend dealer, John Bollinger, most popular to disagree with him.

Source link