Michael Saylor Reveals: How Was the Success of Bitcoin (BTC) Calculated

Bitcoin, the world's most popular cryptocurrency, continues to attract both fans and critics. Moreover, with its increasing popularity and constant gains, this digital asset is being embraced by a wider audience. In particular, the value of Bitcoin has risen to as high as $73,000 recently. This rise becomes even more impressive with historical price analyses. In addition, MicroStrategy took advantage of this opportunity and bought a significant amount of Bitcoin. The company's CEO, Michael Saylor, stands out as one of the biggest supporters of Bitcoin.

Michael Saylor Explains the Cost-Effective Side of Bitcoin

However, as we also reported on Kriptokoin.com, the price of Bitcoin has declined in recent days due to the market crash. Currently, BTC is trading at 59,200 dollars, indicating a weekly loss of 8%. Therefore, many people are questioning the growth potential of Bitcoin. Some see this success as a matter of luck, but Michael Saylor offers a different perspective.

Michael Saylor emphasized that Bitcoin is a deliberate success, not a random one, on the X platform. In fact, in his post, he revealed the formula behind Bitcoin's success, which includes important metrics such as 32 Bitcoin halvings, 210,000 total supply, and 50 new tokens per block. Saylor clearly demonstrates how Bitcoin was built as a super currency with this data.

Became a Superpower in the Market

Bitcoin was launched in 2009, but it took years to gain popularity. Over time, with the spread of decentralization, Bitcoin became unstoppable. Satoshi Nakamoto, the creator of Bitcoin, never introduced himself. However, thanks to its sophisticated programming, Bitcoin has become the most popular cryptocurrency worldwide. This cryptocurrency accounts for almost half of the total market capitalization and has a value of 1.1 trillion dollars. With a daily trading volume of 24.7 billion dollars, Bitcoin has gained an important place in the financial world.

Furthermore, BTC ETFs have played a significant role in advancing this cryptocurrency to the next level. There are 36 ETFs based in the US alone, processing millions of transactions daily. In particular, Blackrock IBIT holds the leadership position in the sector. Therefore, analysts predict that Blackrock's ETF may surpass Satoshi's Bitcoin assets. As a result, Michael Saylor emphasized that the success of Bitcoin is not random, highlighting the calculated thinking demonstrated by Satoshi Nakamoto in creating this crypto.

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