Venture capitalist Jason Calacanis criticized Bitcoin as outdated, no longer exciting, and poor for transactions or smart contracts, likening it to obsolete media formats. Michael Saylor, executive chairman of Strategy, responded by highlighting Bitcoin's growth into a $1.6 trillion digital asset and its role as "digital capital" for preserving wealth across generations. Saylor framed Bitcoin's maturity and conservative design as strengths, rejecting the notion that it is declining. The exchange underscores ongoing debate between skeptics and long-term holders about Bitcoin's future role in finance.
Bitcoin's role as digital capital is debated in a discussion between Michael Saylor and Jason Calacanis. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 24, 2026 21:22 WIB: Of 50 major cryptocurrencies priced on Pluang, 38 rose and 11 fell today. Notable price changes include NEO at Rp47.281 (+5.37%), ALGO at Rp1.966 (+5.36%), and CAKE at Rp47.911 (+5.05%).
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