Michael Saylor, CEO of Microstrategy’s recent podcast comments has attracted huge criticism from the global crypto industry leaders and experts. XRP holder’s lawyer in the SEC vs Ripple lawsuit has challenged Saylor to clarify his extreme views over the altcoins.
Michael Saylor receives Huge criticism
John Deaton filmis Twitter thread mentioned that MicroStrategy CEO’s comments implied that everything other than Bitcoin (BTC) is a security. Michael Saylor asserted that if you work ethically and are aware of the law then you would only build on the BTC network. He indirectly said that rest of the coins are securities.
XRP lawyer indicated that Michael Saylor’s analysis of security is deeply flawed. This comes as surprise considering how intelligent he is. However, his statement about ethics is absurd and he needs to be better than that.
He added that Michael Saylor is a Bitcoin maximalist and that is ok but he there is a major problem with his analysis. It is fair to distinguish the purpose behind the creation of Bitcoin and Altcoins. However, the criticism also implies to BTC too.
Earlier, Ethereum Co-founder Vitalik Butterin slammed MicroStrategy CEO over his comments. He called Saylor a “total Clown”.
Trendivad lood
XRP palub selgitust
Andmetel, MicroStrategy hoiab 129,218 XNUMX Bitcoini. Selle algväärtus on 3.97 miljardit dollarit, samas kui tänane väärtus on umbes 2.99 miljardit dollarit.
Bitcoinid nägid viimase kuu jooksul mõningast taastumist. BTC hind tõusis enam kui 21%. Token kaubeldakse ajakirjanduse ajal keskmise hinnaga 23,158.46 XNUMX dollarit.
XRP lawyer mentioned that for the absurdity of calling XRP a security, he has already used Spend the Bits as an example. It helped him to gain amici curiae status in the lawsuit against SEC. However, he wished that Michael Saylor takes his offer to discuss the issues.
Meanwhile, the XRP price has dropped by more than 3% in the last 24 hours. It is trading at an average price of $0.38, at the press time.
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