Michael Saylor, the chairman of Microstrategy, one of the leading institutions holding crypto, describes Bitcoin (BTC) as a bank in cyberspace offering secure savings account to billions of people who have no option or desire to run their hedge fund.
Saylor expressed this sentiment yesterday on Twitter in his usual daily commentary about the goodness of the Bitcoin revolution, pushing for more adoption. Interestingly, Billy Markus, the founder of the meme Dogecoin (DOGE), opposed the view of Saylor. Markus believes BTC allows billions of people to lose their money via gambling.