Michael Saylor Defends Bitcoin Volatility, Argues Warren Buffett Would Dominate Without It

Michael Saylor, Executive Chairman of Strategy Inc., defended Bitcoin’s price volatility during a recent interview. He argued that volatility is integral to the cryptocurrency’s success and argues it allows for greater returns. He claims that without volatility, Bitcoin wouldn’t deliver the performance necessary to attract traditional investors like Warren Buffett who, he believes, would be in control of the market if Bitcoin were not so volatile.