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Michael Saylor defends Bitcoin's value despite new cryptocurrencies emerging.

Market News
27 Oct 2026, 23:48 WIB
Tokenpost
View Source
Neutral
Michael Saylor defends Bitcoin's value despite new cryptocurrencies emerging.

Michael Saylor, founder of TokenPost.ai Strategy, argued that the creation of new cryptocurrencies does not diminish Bitcoin's value. He used an analogy comparing the invention of new cryptocurrencies to inventing new languages, stating that just as new languages don't make learning English pointless, new cryptocurrencies don't negate Bitcoin's importance. Saylor also highlighted Bitcoin's potential role in digital credit, lending, and the broader financial system, suggesting it remains a key asset in future finance.

Michael Saylor's views on cryptocurrencies provide context for readers. For those following major cryptocurrencies, here is Pluang's market snapshot as of Oct 28, 2026 03:01 WIB: Out of 50 priced cryptocurrencies, 30 rose and 19 fell. Notable movers include SXP (Solar) at Rp37 with a -46.27% change and a typical hold time of 94 days, BAL (Balancer) at Rp16.297 with an 11.14% increase and an 85-day hold time, and EOS (EOS.IO) at Rp12.649 with an 8.13% rise and an 87-day hold time.

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