- Strategy’s Michael Saylor sparks a debate with his controversial tweet likening Satoshi Nakamoto to God.
- Saylor says, “Volatility is Satoshi’s Gift to the Faithful”.
- Supporters say it is the way the weak are removed from the market.
- Critics say Bitcoin is part of our financial goals, not the end of them, and cite real losses to ordinary investors.
At a time when crypto markets are going through their worst phase, treating a market bottom as a virtue seems wrong on so many levels. We understand that Michael Saylor owes his entire existence to Bitcoin and, by extension, to Satoshi Nakamoto, but treating a market flaw as the will of Satoshi is akin to likening him to God.
Satoshi Nakamoto is perhaps the biggest innovator in the 21st century, but for ordinary market participants like us, volatility is bad; it eats away our hard-earned money, and Bitcoin is just a component of our investments, not our existence.
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Supporters Find Wisdom in Saylor’s Tweet
Strong supporters of Saylor’s vision say that volatility is the price that weak are weeded out from the market. For them, Bitcoin is the ultimate financial innovation, and only the stable hands have the ability to hold it in their wallet, or, as members say, HODL.
Some moderate supporters believe that volatility is the fundamental characteristic of any financial asset. Market extremes are just a reality, and people encounter them regardless of the asset.
Critics Question Saylor’s Mania, Say Losses are Real for Investors, Saylor Hiding from Accountability
An X user posted a tweet of Saylor’s MSTR’s performance in the last 6 months, asking whether he meant volatility is good here too. For context, MSTR has posted a 65% decline from its August peak and continues to fall, with users questioning the amount of Bitcoin held per share as too low.
Another learned user said that volatility may seem like just a passing phase for the true believers, but for millions of ordinary users worldwide, it represents real losses. These losses come with stress, panic, and capital destruction, which the ordinary person might never recover from.
He also questioned the framing of sharp price crashes, as some spiritual virtues raise a sharp question about the difference between conviction and recklessness. He further added that markets require accountability and risk management, not faith, when things turn sour.
State of Crypto Markets
Bitcoin and cryptocurrencies have seen the worst phase of crypto markets since the inception of Donald Trump as US President. Bitcoin crashed below $75,000, which is lower than the previous market crash in November 2025 at $83,000. The lowest point for today was at $72,800.
Disclaimer: BFM Times acts as a source of information for knowledge purposes and does not claim to be a financial advisor. Kindly consult your financial advisor before investing.
