MicroStrategy co-founder Michael Saylor recently pitched Bitcoin to Michael Dell, emphasizing its positive features. This came after a significant update on social media by the CEO of a top computer manufacturer, where he used the statement “Scarcity creates value,” intriguing Bitcoin enthusiasts. This supposedly hinted at the fixed limit of BTC supply and sparked curiosity among crypto enthusiasts about Dell’s opinion on the digital asset.
Michael Saylor’s response to this tweet was that Bitcoin has created such scarcity, which Dell shared with his followers on X.
Previously, although acknowledging the potential of blockchain technology, Dell was skeptical of Bitcoin. Whether individuals like Saylor are able to change Dell’s perception of the leading cryptocurrency is difficult to determine.
The comments did not stop there, as Dell later posted an image of the Cookie Monster from “Sesame Street,” digitally altered (presumably by Saylor) to show the famous children’s character devouring Bitcoin instead of cookies.
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MicroStrategy holds nearly $1.5 billion worth of Bitcoin
This is a great account to follow
@MeCookieMonster
. Very entertaining
pic.twitter.com/RJFcNpCXrN
— Michael Dell (@MichaelDell)
June 21, 2024
In 2014, Dell was among the pioneers in accepting Bitcoin as a form of payment. This made it the largest merchant at the time accepting the cryptocurrency. However, in 2017, due to weak demand, Dell discontinued BTC transactions.
According to critics, the mere presence of scarcity does not equate to value – experts like Peter Schiff argue that Bitcoin has no real value because it is not useful for anything.
Nevertheless, such discussions on social media by individuals like Michael Dell excite the crypto community and demonstrate how far Bitcoin has come.