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Michael Saylor: A global consensus has formed that "Bitcoin is digital capital."
Strategy founder Michael Saylor posted on the X platform, stating that a global consensus has formed that Bitcoin is "digital capital," and the market structure is undergoing a fundamental transformation. He believes that the traditional "four-year cycle" is no longer applicable, and Bitcoin's price will primarily be driven by capital flows.
Michael Saylor also pointed out that the future banking system and digital credit will determine Bitcoin's growth path, while warning that the greatest risk comes from "iatrogenic" protocol changes driven by erroneous ideas, which could cause unnecessary disruption and damage to the network.
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