Michael Saylor basically just said what I’ve said for a really long time.
Bitcoin doesn’t have any competition inside the crypto market. Gold is BTC’s competition here.
Ethereum has competition all over the place with Solana, Hyperliquid, L2s
NEW: Michael Saylor says confidence in Ethereum has collapsed as competition from Solana, BNB, Hyperliquid, and L2s has weakened the monetary value of crypto tokens, while Bitcoin has strengthened its position as digital capital