London Daily

Focus on the big picture.
Friday, Aug 22, 2025

Michael Saylor warns investors about DOGE, says BTC is the crypto for ”wise ones”

Michael Saylor warns investors about DOGE, says BTC is the crypto for ”wise ones”

Michael Saylor, co-founder, and CEO of the business analytics company MicroStrategy believes it is not wise to bequeath the trendy cryptocurrency Dogecoin to your grandchildren. In comparison, he outlined BTC’s potential and breached the significant differences between the primary cryptocurrency and the meme token.

Saylor Warns About Dogecoin Investments

In a recent interview, MicroStrategy’s leader – Michael Saylor – touched upon Elon Musk’s recent tweets and public endorsement of Dogecoin. More specifically, Saylor commented on the mass craze that has surrounded the meme coin, its price surge, and celebrity engagements.

Saylor, who is a huge supporter of the leading digital asset – Bitcoin, explained why so many investors and also people without any considerable experience jump into volatile cryptocurrencies such as DOGE.

He opined that the economic situation nowadays is highly unsettled and investors have lost confidence in conventional strategies, money, bonds, treasury, and more. This, combined with people’s search for quick profits rather than waiting for years, has changed their perspective about interacting with cryptocurrencies like Dogecoin.

However, MicroStrategy’s CEO warned people to be highly cautious when investing in the meme coin. He concluded that the primary cryptocurrency is the digital asset ”for the next hundred years” and wiser investors tend to go with it. In contrast, DOGE’s role is more temporary, which today’s investors wouldn’t want to leave for the future generations:

”I don’t think you’re going to want to leave Dogecoin to your grandson or your granddaughter.”

DOGE Is Useful in a Way

Despite the generally unfavorable opinion Michael Saylor had about the meme coin, he also outlined some of its benefits.

According to him, the whole craze about Dogecoin is good for the crypto industry in a way as it generates massive awareness and enthusiasm among crypto outsiders. Saylor reminded that due to digital assets such as DOGE, more than three million people have joined and opened up accounts.

MicroStrategy’s CEO also accented on the fun part of investing in Dogecoin. Saylor surmised that many young participants in the crypto industry interact with DOGE as entertainment:

”DOGE is like a boxing match or a basketball game.”

He went further saying that allocating funds to Dogecoin is like buying a lottery ticket – an enjoyable activity to do if you are bored ”on a Saturday night” with the chance to win some money.

Source: Michael Saylor warns investors about DOGE, says BTC is the crypto for ”wise ones” – Fintechs.fi

Newsletter

Related Articles

0:00
0:00
Close
Ukraine Declares De Facto War on Hungary and Slovakia with Terror Drone Strikes on Their Gas Lifeline
Animated K-pop Musical ‘KPop Demon Hunters’ Becomes Netflix’s Most-Watched Original Animated Film
New York Appeals Court Voids Nearly $500 Million Civil Fraud Penalty Against Trump While Upholding Fraud Liability
Elon Musk tweeted, “Europe is dying”
Far-Right Activist Convicted of Incitement Changes Gender and Demands: "Send Me to a Women’s Prison" | The Storm in Germany
Hungary Criticizes Ukraine: "Violating Our Sovereignty"
Will this be the first country to return to negative interest rates?
Child-free hotels spark controversy
North Korea is where this 95-year-old wants to die. South Korea won’t let him go. Is this our ally or a human rights enemy?
Hong Kong Launches Regulatory Regime and Trials for HKD-Backed Stablecoins
China rehearses September 3 Victory Day parade as imagery points to ‘loyal wingman’ FH-97 family presence
Trump Called Viktor Orbán: "Why Are You Using the Veto"
Horror in the Skies: Plane Engine Exploded, Passengers Sent Farewell Messages
MSNBC Rebrands as MS NOW Amid Comcast’s Cable Spin-Off
AI in Policing: Draft One Helps Speed Up Reports but Raises Legal and Ethical Concerns
Shame in Norway: Crown Princess’s Son Accused of Four Rapes
Apple Begins Simultaneous iPhone 17 Production in India and China
A Robot to Give Birth: The Chinese Announcement That Shakes the World
Finnish MP Dies by Suicide in Parliament Building
Outrage in the Tennis World After Jannik Sinner’s Withdrawal Storm
William and Kate Are Moving House – and the New Neighbors Were Evicted
Class Action Lawsuit Against Volkswagen: Steering Wheel Switches Cause Accidents
Taylor Swift on the Way to the Super Bowl? All the Clues Stirring Up Fans
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Apple Expands Social Media Presence in China With RedNote Account Ahead of iPhone 17 Launch
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Cambridge Dictionary Adds 'Skibidi,' 'Delulu,' and 'Tradwife' Amid Surge of Online Slang
Bill Barr Testifies No Evidence Implicated Trump in Epstein Case; DOJ Set to Release Records
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
The CEO Who Replaced 80% of Employees for the AI Revolution: "I Would Do It Again"
Emails Worth Billions: How Airlines Generate Huge Profits
Character.ai Bets on Future of AI Companionship
China Ramps Up Tax Crackdown on Overseas Investments
Japanese Office Furniture Maker Expands into Bomb Shelter Market
Intel Shares Surge on Possible U.S. Government Investment
Hurricane Erin Threatens U.S. East Coast with Dangerous Surf
EU Blocks Trade Statement Over Digital Rule Dispute
EU Sends Record Aid as Spain Battles Wildfires
JPMorgan Plans New Canary Wharf Tower
Zelenskyy and his allies say they will press Trump on security guarantees
Beijing is moving into gold and other assets, diversifying away from the dollar
Escalating Clashes in Serbia as Anti-Government Protests Spread Nationwide
The Drought in Britain and the Strange Request from the Government to Delete Old Emails
Category 5 Hurricane in the Caribbean: 'Catastrophic Storm' with Winds of 255 km/h
"No, Thanks": The Mathematical Genius Who Turned Down 1.5 Billion Dollars from Zuckerberg
The surprising hero, the ugly incident, and the criticism despite victory: "Liverpool’s defense exposed in full"
Digital Humans Move Beyond Sci-Fi: From Virtual DJs to AI Customer Agents
YouTube will start using AI to guess your age. If it’s wrong, you’ll have to prove it
Jellyfish Swarm Triggers Shutdown at Gravelines Nuclear Power Station in Northern France
×