Michael Saylor: Bitcoin has won, four-year cycle is over

MicroStrategy founder Michael Saylor declared in a social media post that Bitcoin has won, arguing a global consensus has now formed around BTC as digital capital. He added that the four-year cycle theory is over and that prices will henceforth be determined by capital flows. Saylor also stated that banks and digital credit will determine Bitcoin's growth trajectory. The greatest risk, he noted, is iatrogenic protocol changes stemming from bad ideas.