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"What is the latest version of the little fox wallet" Michael Saylor thinks ADA is a security measure, and it is very risky

2023 07/17

Michael Saylor, founder, CEO and chairman of Nasdaq intelligence firm MicroStrategy Inc., said he feels that ADA, the native currency of the proof-of-stake (PoS) blockchain Cardano, is a security.

Microstrategy has bought a lot of BTC as a priority. In August 2020, the company purchased 21,454 BTCs worth about US$250 million to be used as "primary financial reserve assets."

Since then, MicroStrategy has continued to buy more BTC, CEO In a sense, I have become a BTC maximalist. MicoStrategy is HODLing BTC around 129,699.

In addition, Saylor has been touting how the company's stocks performed after buying BTC for the first time? He is still on YouTube recently. He is an opinion on the PoS network. According to Saylor, the PoS network is a security, so it is very risky.

Introducing Seiler's words: "I think BTC is a data product. I think all share certification networks are commercial paper, which is very risky. Regulators will decide whether to allow them to continue or not."

Naturally, Charles Hoskinson, CEO of the company that undertook the Cardano research, was not pleased with these assessments. Hoskinson called Saylor Cryptoglobal "ToneVays." He then went on to explain that Cardano is much better than Bitcoin.

Many people feel that the only reason SaylorBTC is so cheerful is that it is investing heavily in digital currencies.


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