The 14th Richest Person in the World Comments on Bitcoin on Social Media

MicroStrategy co-founder Michael Saylor recently pitched Bitcoin to Michael Dell, emphasizing its positive features. This happened after an important update on social media by the CEO of a top computer manufacturer, Michael Dell, where he used the statement “Scarcity creates value,” which intrigued Bitcoin enthusiasts. This purportedly hints 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 about Bitcoin. Whether figures 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. In 2014, Dell was among the pioneers in accepting Bitcoin as a form of payment, making it the largest merchant at the time to accept the cryptocurrency. However, in 2017, due to weak demand, Dell discontinued BTC transactions. According to critics, the mere presence of scarcity does not imply value – this is argued by experts like Peter Schiff, who insist that Bitcoin has no real value because it is not useful for anything. Nevertheless, such discussions on social media by people like Michael Dell excite the crypto community and demonstrate how far Bitcoin has come. MicroStrategy owns 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 adopting Bitcoin as a form of payment, making it the largest merchant at the time to accept the cryptocurrency. However, in 2017, due to weak demand, Dell discontinued BTC transactions. According to critics, the mere presence of scarcity does not imply value – this is argued by experts like Peter Schiff, who insist that Bitcoin has no real value because it is not useful for anything. Nevertheless, such discussions on social media by people like Michael Dell excite the crypto community and demonstrate how far Bitcoin has come.