Billionaire Michael Dell has expressed interest in Bitcoin
Date: 2024-06-24 Author: Oliver Abernathy Categories: BLOCKCHAIN
Exchange of messages with Michael Saylor
Michael Dell, founder and CEO of tech giant Dell Technologies, expressed interest in Bitcoin in correspondence with Michael Saylor, founder of MicroStrategy. On social network X (formerly Twitter), Dell wrote, “Scarcity creates value,” to which Saylor responded that Bitcoin represents digital scarcity. Dell posted this on his page, and later published another note with an image of Cookie Monster from Sesame Street eating Bitcoin instead of cookies.
Michael Dell has long been known for his support of blockchain technology. In 2021, he publicly stated that blockchain is greatly undervalued. His company, Dell Technologies, accepted Bitcoin as a means of payment from 2014 to 2017, but subsequently abandoned the option due to “low demand.”
Impact on the cryptocurrency community
Michael Dell's interest in Bitcoin has caused a stir in the cryptocurrency community. In 1999 and 2000, Dell was among the top 10 richest people on the planet, and in subsequent years he periodically entered the top 20. His positive comments about the blockchain and cryptocurrency industry underscore his respect for innovative technologies and fuel interest in Bitcoin.
MicroStrategy, founded by Michael Saylor, is one of the largest holders of Bitcoin in the world. In June 2024, she purchased 11,931 BTC, strengthening her position in the market. Saylor has been actively promoting the idea of digital scarcity, which resonates with influential figures such as Michael Dell.
Michael Dell's interest in Bitcoin and his support for blockchain technology highlight the growing acceptance and influence of cryptocurrencies in the world of technology and business. Correspondence between Dell and Saylor, as well as their interactions with the cryptocurrency community, highlight the importance and potential of Bitcoin as a digital asset.
