The head of MicroStrategy: the dollar will only slow down the collapse of the lira, and bitcoin will save it

MicroStrategy co-founder and CEO Michael Saylor believes that Bitcoin is the only hope forTurkey.

These statements were prompted by the crisis, withfaced by the country's economy and which was reflected in the Turkish currency. From March of this year to the present, the Turkish lira has lost a third of its value, showing a consistent decline over a nine-year period.

Sailor mentioned that converting Turkish Lira todollars can only slow down the collapse, but will not solve the problem. Under these conditions, the use of bitcoin (BTC) can completely neutralize the damage incurred and revive the economy with a more dynamic result.

Note that Michael Sailor is a staunch supporter of BTC, who has both personal and corporate savings in the main cryptocurrency.

In addition, he advises CEOs of organizations to hedge risks with Bitcoin, consistently proving the success of his chosen strategy.

Source

</p>