Bank friendly bitcoin

in finance •  last year 

We previously analyzed Microstrategy and CEO Michael Saylor, aiming to understand his motivation behind his present stance on Bitcoin (BTC).

Bitcoin (BTC) is no longer the decentralized P2P Electronic Cash it was between 2009–2015, and Saylor is not endorsing it as digital cash either.

BTC devolved into a digital asset controlled by a small group of developers under the payroll of a for-profit company funded by Bitcoin’s competitors like Mastercard and AXA (Blockstream).

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