According to ME News, on April 5 (UTC+8), Michael Saylor, founder of Strategy, posted on X that a global consensus has emerged recognizing Bitcoin as "digital capital," and that the market structure is undergoing a fundamental transformation. He believes the traditional four-year cycle no longer applies, and Bitcoin’s price will be primarily driven by capital flows. Michael Saylor also noted that the future banking system and digital credit will determine Bitcoin’s growth trajectory, while warning that the greatest risk stems from "iatrogenic" protocol changes driven by misguided beliefs, which could cause unnecessary disruption and harm to the network. (Source: ChainCatcher)
Michael Saylor: Global consensus forming that Bitcoin is 'digital capital'
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Bitcoin market news: On April 5, 2026, Michael Saylor, founder of MicroStrategy, posted on X that a global consensus is emerging, identifying Bitcoin as “digital capital.” He stated that market structures are evolving, rendering traditional four-year cycles obsolete. Bitcoin price movements are now primarily driven by capital flows, he added. Saylor warned against iatrogenic protocol changes, which he described as the greatest risk to network stability.
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