Michael Saylor highlighted that while Bitcoin experiences short-term fluctuations due to its continuous trading, its long-term value is steadfast. In the context of increasing tariffs and economic uncertainty, Bitcoin’s decentralized and tax-free characteristics provide a distinctive safe haven for investors. Even amidst market fluctuations and economic turmoil, Saylor has reiterated his belief in the fundamental worth of Bitcoin (BTC). Saylor argues that the volatility of BTC prices is not a disadvantage in any way. He strongly believes that the usefulness of digital currency is the sole reason behind its price changes. “This doesn’t imply a long-term correlation, but it’s consistently accessible,” Saylor remarked when questioned about its stock-like tendencies. Bitcoin is traded continuously, 24/7. In contrast to conventional assets, it is always active. This accessibility makes it more susceptible to intense market fluctuations, particularly during periods of panic. However, Saylor thinks that these short-term changes do not diminish its intrinsic worth. Over time, the fluctuations won’t affect the main idea. Dave Portnoy, recognized for his enthusiasm for meme coins and market shenanigans, wondered why Bitcoin frequently fluctuates alongside the US stock market. He pointed out that despite being considered an independent asset, Bitcoin certainly reflects the emotional fluctuations of Wall Street.
