{"id":65112,"date":"2022-07-30T10:57:54","date_gmt":"2022-07-30T07:57:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=65112"},"modified":"2025-09-06T18:10:27","modified_gmt":"2025-09-06T15:10:27","slug":"michael-saylor-warns-of-ethereum-volatility-over-the-next-three-years","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/michael-saylor-warns-of-ethereum-volatility-over-the-next-three-years\/","title":{"rendered":"Michael Saylor Warns of Ethereum Volatility Over the Next Three Years"},"content":{"rendered":"<p>MicroStrategy chief Michael Saylor, during a talk at the Blockchain Economy Summit in Istanbul, criticised Ethereum on the eve of the <a href=\"https:\/\/u1f987.com\/en\/news\/the-merge-what-to-expect-from-ethereums-largest-update\">The Merge<\/a> upgrade. According to <a href=\\\"https:\/\/coinmarketcap.com\/alexandria\/article\/michael-saylor-attacks-ether-and-says-bitcoin-cash-was-a-horrific-mistake\\\">CoinMarketCap<\/a>.<\/p>\n<p>He said that stabilising the second-largest cryptocurrency may require additional time.<\/p>\n<p>Saylor noted that institutional investors need to see a finished version of the protocol, functioning without hacks for 5\u201310 years. The Merge upgrades open up new opportunities for hackers, he added.<\/p>\n<p>The CEO of MicroStrategy conceded that Ethereum could be unstable over the next three years. He also noted that the cryptocurrency&#8217;s monetary policy could evolve in the coming years, whereas Bitcoin&#8217;s issuance and mining principles are set for the next 1,000 years.<\/p>\n<p>In Saylor&#8217;s view, investors must be confident that their assets will not lose value due to a potential increase in the number of coins in circulation. As a result, he does not invest in Dogecoin or the shares of certain large technology companies.<\/p>\n<p>Earlier in July, Saylor <a href=\"https:\/\/u1f987.com\/en\/news\/michael-saylor-ethereum-is-a-security\">called for Ethereum to be classified as a security<\/a>, as the asset was originally distributed to investors through an <span data-descr=\\\"initial coin offering\\\" class=\\\"old_tooltip\\\">ICO<\/span>.<\/p>\n<p>The head of MicroStrategy <a href=\"https:\/\/u1f987.com\/en\/news\/michael-saylor-microstrategy-will-continue-to-hold-bitcoin-even-in-adverse-market-conditions\">does not intend to sell Bitcoin<\/a> even in adverse market conditions.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy chief Michael Saylor, during a talk at the Blockchain Economy Summit in Istanbul, criticised Ethereum on the eve of The Merge.<\/p>\n","protected":false},"author":1,"featured_media":65113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,1208,1138],"class_list":["post-65112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-michael-saylor","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=65112"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65112\/revisions"}],"predecessor-version":[{"id":65114,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65112\/revisions\/65114"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/65113"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=65112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=65112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=65112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}