'The orange tie stays': Michael Saylor responds to venture capitalist's bitcoin obituary

60-second summary

Michael Saylor rebuts venture capitalist Jason Calacanis’s claim that Bitcoin is obsolete, likening it to a “CD in the Spotify era” and a “DVD in the Netflix era,” by arguing the digital asset remains a foundational store of value and network effect driver; his defense underscores continued institutional demand, suggesting Bitcoin’s price resilience and broader market relevance persist.