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Cryptocurrency News Articles
MicroStrategy CEO Michael Saylor Calls on Jeff Bezos to Use Bitcoin
Feb 27, 2025 at 07:45 am
MicroStrategy's CEO Michael Saylor has called on Jeff Bezos to use Bitcoin as a means of supporting freedom of choice and free markets.
MicroStrategy’s CEO Michael Saylor called on Jeff Bezos to use Bitcoin in order to support freedom of choice and free markets.
According to Saylor, Bitcoin is an open protocol for enhancing personal freedom and expanding free markets through networks.
The endorsement comes as several countries are pushing for financial independence through digital currencies. Saylor, a well-known supporter of Bitcoin, argues that the asset provides an environment that can replace traditional finance systems.
Bitcoin is the best way to promote personal liberties & free markets. It offers an open protocol for prosperity that can be delivered to everyone in the world through network technology.
— Michael Saylor⚡️ (@saylor) February 26, 2025
Bezos' controversy over editorial policy
Bezos, the owner of The Washington Post, recently changed the policy for the paper’s opinion section.
The new policy will only allow content that promotes the value of free markets and individual freedoms. David Shipley, who is the editor responsible for the opinion page, resigned over the change.
Bezos supported the policy, arguing that it is good for the country to have an opinion newspaper that supports the value of liberty, and that, in part, is the role of The Washington Post.
He also noted that the internet offers enough outlets for opposition opinions and implied that the subject is purposely selected.
"The Washington Post's news coverage will continue to adhere to the same high standards of neutrality, balance and objectivity that apply to all our reporting," a Post spokesperson told Axios.
"The purpose of the newspaper's opinion section is to serve readers with commentary and analysis that can help them understand and navigate the public square. The Post's new opinion policy will concentrate on two core values that are essential to the country's success: liberty and the free market."
"We'll try to stay away from topics where there's broad consensus and instead focus on subjects that are hotly contested in the public square," Bezos added.
"The goal is to serve readers with commentary and analysis written from a variety of viewpoints. Readers who disagree with an article will, hopefully, find other articles that represent a different point of view."
Bezos's decision sparked debate among those who believe in press freedom. Some critics pointed out that, to a large extent, private ownership enables editorial freedom, which may lead to noticeable bias.
At the same time, the number of operating companies that have adopted Bitcoin in their investment plans is rapidly increasing.
According to Cryptopolitan, the BTC acquisition by public corporations rose to 139% in 2023.
It is also worth mentioning that Bitcoin has not yet taken more than 1% of the country's Treasury. Bitcoin was compared to the Internet, remaining largely undiscovered in terms of its use in savings and payment systems.
The report also explained that companies have been acquiring over 1000 BTC per day since January 2024. Additionally, 80% of the publicly listed firms made an investment in Bitcoin last year.
Bitcoin's price has now dipped to 83,500, reaching the lowest level since November 2024.
The cryptocurrency has experienced a decline of $12,820 in the last three trading days, leading to over $1 billion in leveraged long liquidations, as per CoinGlass.
The price drop comes just when it attained an all-time high above $108,000 less than one month ago. Currently, BTC's value has been reduced from its high by 23%.
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