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Bitcoin is not a bubble, but a must-have option for smart money worldwide.
【Crypto World】Institutional investor Michael Saylor recently shared an interesting perspective in an interview—he directly denied the notion that Bitcoin is a speculative bubble. In his view, Bitcoin has long ceased to be a speculative asset and is now recognized globally as a store of wealth by the “smart money,” with its market position as solid as internet giants like Google.
He used an interesting analogy to illustrate Bitcoin’s defensive capability: equivalent to the computing power of 20 nuclear reactors operating in the background, forming an extremely robust “currency union” defense line. In other words, this is not an asset maintained by hype, but one supported by real computational energy.
From a macro perspective, this logic actually points to an increasingly obvious phenomenon—traditional financial institutions and high-net-worth investors are re-evaluating Bitcoin’s asset attributes. It has evolved from being a “risk investment” to a “necessity for allocation,” and this very shift indicates the formation of a market consensus.