Saylor Sees Bitcoin's Volatility as Feature, Not Flaw
Michael Saylor, CEO of Strategy, has been a long-time advocate for bitcoin as a transformative technology with immense growth potential. In an interview, he compared bitcoin's recent drawdown to the volatility experienced by dominant technology stocks like Apple.
Saylor noted that apple suffered a 45% decline in value between 2012 and 2013 but eventually recovered. He argued that this is not a unique experience for emerging technologies and that institutional acceptance often lags behind conviction among early believers.