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Michael Saylor on Bitcoin and Crypto in the wake of FTX Collapse

Coin Stories

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Bitcoin Is the Dominant Crypto Asset Network in Terms of Number of Holders

I think that Bitcoiners have had a very clear vision and that's because they move forward in a principled fashion. If you didn't buy the altcoins, if you didn't put your money in a crypto exchange, then you didn't fall short. And so although we're not, we haven't convinced 100% of the people to agree with us. We've convinced the most of thePeople to agree with me. This week is another educational lesson. It's easy to understand why people would go into the industry, especially young people who feel like they've been left behind by the traditional system. They want to get rich. But unfortunately, we see what happens when it implodes.

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