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The Eye Opening Truth About Ethereum | Michael Saylor
Ether rallied by over 40% from $1,000 on July 13 to over $1,400 on July 16. The jump appeared partly due to euphoria surrounding "the Merge" slated for September. At the time of writing, Ethereum is trading at $1,405. The uptick has caused mixed reactions in the short term… some traders are optimistic about Ethereum’s outlook, due to the golden cross's appearance on Ethereum's four-hour chart. On the contrary, analysts believe that this 40% rally is fake out and a 45% crash is on the horizon. While analysts disagree on the short-term outlook, in the long term, Michael Saylor made his thoughts known on why to stay clear from Ethereum. As a guest on the ‘Not Investment Advice’ podcast, Saylor went into detail on why he is against Ethereum in the long-term. Ultimately, Saylor’s disdain for Ethereum is because, at the end of the day, he doesn’t clearly understand who is making the final decisions for Ethereum.
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THIS INTERVIEW WAS POSTED ON JULY 12, 2022
Listen to the full unedited interview here ⬇ [Credits] 🙏
MICHAEL SAYLOR: Bitcoin’s Killer App, Ethereum, Web3 & Inflation | E66
https://www.youtube.com/watch?v=B1PI7BCjopk
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🎵BACKGROUND MUSIC licensed through AudioJungle & Epidemic Sound
🎥FOOTAGE licensed through VideoBlocks and Filmpac, except parts about the topic that have been used under fair use.
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FAIR-USE COPYRIGHT DISCLAIMER
Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by the copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use. -This video has no negative impact on the original works (It would actually be positive for them) -This video is also for teaching and inspirational purposes. - It is not transformative in nature.