Microstrategy Founder Michael Saylor to Argentines: ‘You Need Bitcoin' — Critics Insist BTC Is Too Volatile

Micheal Saylor, the founder of Microstrategy, has told people living in inflation-stricken Argentina that they now “need bitcoin.” While many bitcoiners have welcomed Saylor’s suggestion, a few critics have said the top crypto asset’s volatility makes it an unsuitable alternative for the faltering local currency.