Saylor Defends Bitcoin After VC Calls BTC the 'DVD of Money'
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Michael Saylor publicly rejected venture capitalist Jason Calacanis's characterization of Bitcoin as obsolete technology, comparing it to a CD in the Spotify era, reaffirming his long-held bullish stance on BTC.
The exchange highlights an ongoing sentiment battle in crypto circles between legacy Bitcoin maximalists and newer voices questioning BTC's relevance against AI-driven capital allocation trends.
Separately, a crypto pioneer's disclosure of selling bitcoin holdings to fund AI investments—only to partially reallocate back into crypto—underscores how narrative shifts around Bitcoin's role continue to influence trader psychology and positioning.