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Michael Saylor: MicroStrategy is a response to the credit default swap of over 100 trillion dollars in assets in the 20th century

Michael Saylor: MicroStrategy is a response to the credit default swap of over 100 trillion dollars in assets in the 20th century

Bitget2024/11/28 03:04

MicroStrategy founder Michael Saylor posted on platform X, stating that MicroStrategy is a response to the credit default swap of over 100 trillion dollars in assets from the 20th century.

(Note: Credit Default Swap, also known as credit default interchange or credit derivative tool, is one of the main tools for off-exchange trading to mitigate credit risk. It can be seen as a kind of insurance against financial asset defaults.)

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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