Michael Saylor: DIRE Ethereum Warning | Ethereum Price Prediction October (2021) Ft. Raoul Pal
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Over this past weekend, Michael Saylor, the institutional investor leading the Bitcoin charge, drops a dire warning for Ethereum and even goes as far as to saying to sell all your alt-coins for Bitcoin. To give some context to this conversation, Michael Saylor is the CEO of Microstrategy and currently owns over 114,000 Bitcoin through his company, which is worth roughly $5 Billion dollars.
Saylor has always had the stance that Bitcoin is the greatest investment opportunity in the Cryptocurrency space and this week he breaks down like he has never before WHY he is staying far away from Ethereum and every other alt coin.
On the other side of the debate is Raoul Pal, who is a ex-hedge fund manager and is also a leading figure in the institutional adoption of Crypto.Raoul initially started out being focussed on Bitcoin like Michael Saylor, but over the last 12 months has now shifted view that there is larger opportunities in other alt-coins such as Ethereum, Solana and others.
In this video, they debate each others views, and Michael Saylor gives a warning regarding alt-coins, leverage and the looming regulation of the space. Make sure to stick around to the end of the video where I will go over who I think is correct in the debate, and we will also cover some of the most recent on-chain ethereum data to see how investors are reacting to the regulation talks.
About Michael Saylor:
Michael J. Saylor is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services.
About Raoul Pal:
A former Goldman Sachs hedge fund manager who retired at 36, Raoul Pal is a co-founder of Real Vision, a financial media company offering in-depth video interviews and research publications from the world’s best investors.
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