According to U.Today, Michael Saylor, founder and former CEO of MicroStrategy, has ignited a debate within the Bitcoin community with a recent tweet. Saylor, who is currently part of MicroStrategy's managing board and oversees the company's Bitcoin-focused strategy, frequently shares AI-generated images promoting the leading cryptocurrency. His latest tweet, which encouraged followers to 'embrace Bitcoin', featured an image of a young girl standing near a humanoid robot with the word 'Bitcoin' inscribed on it. This choice of image sparked a mixed response from Bitcoin holders, with some finding it peculiar while others expressed approval.
This tweet was one of Saylor's first following the Bitcoin halving event, which took place on April 19 in the US and April 20 in the UK and Europe. The halving, also known as 'Doge Day' or '4/20', is a significant event for Bitcoin enthusiasts as it increases the cryptocurrency's scarcity. This year's halving reduced the block reward for Bitcoin miners from 6.25 BTC to 3.125 BTC. The event coincided with the one-year anniversary of the first launch of Elon Musk's SpaceX’s Starship.
The halving event is often referred to as Bitcoin's 'quantitative hardening', a term coined by Samson Mow, CEO of Jan3. This is in contrast to the quantitative easing measures frequently implemented by the Federal Reserve, which have led to substantial money printing. The halving is seen as a positive event by Bitcoin supporters, as it increases the scarcity and potential value of the cryptocurrency.