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Michael Saylor Issues ‘Attractive’ Bitcoin Tweet Supported by Community

Unlike his other recent, similar tweets, this one has the Bitcoin community excited and has brought a wave of positive feedback to Saylor, who is now in charge of his company’s BTC-focused strategy after stepping down from its chief executive position.

In the comments, many Bitcoin users responded to it eagerly, agreeing with the “statement” and showing their support for the world’s flagship cryptocurrency. Among those commentators were the official accounts of the Kraken cryptocurrency exchange and Eric Weiss, a prominent figure in the crypto community.

Kraken tweeted: “It’s refreshing to be able to take control of your own money. That’s for sure!”

The official account of the Dash privacy coin wrote in a comment: “Bitcoin is refreshing… your block explorer to see if you got a confirmation.”

Two days before that, Saylor published an enigmatic tweet with the hashtag “BitcoinHalving.” In the tweet, Saylor suggested that an investor could emerge with unlimited capital, announcing “a program to acquire 450 BTC daily” at the current market price for the next four years (this is the time period between two Bitcoin halvings) and “hold the asset forever.”

In the year 2028, Saylor also said in that tweet, the hypothetical investor would increase their purchases to 675 BTC per day and then raise them to 787.5 BTC by 2032. This tweet seems to emphasize the growing value of Bitcoin after each halving, even if the newly produced BTC amount gets 50% smaller. Now, after the Saturday halving, miners get 3.125 BTC per each new block rather than 6.25, as it happened after the 2020 halving.

This article was originally published on U.Today


Source: Cryptocurrency - investing.com

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