Crypto Voices on Twitter/X: Michael Saylor’s Speech, BMT Token, and Stables
Crypto moving forward despite market ups and downs. Michael Saylor’s speech on Bitcoin, the launch of Bubblemap’s BMT token, and the growth of stablecoins have been drawing a lot of attention.
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Voices from the industry continue to share interesting takes on market news, and here, we summarize three of the hottest discussions from Crypto Twitter/X.
1. Community Splits over Michael Saylor’s Bullish Bitcoin Speech
On March 11, Michael Saylor, a well-known Bitcoin advocate, spoke at the Bitcoin Policy Institute, calling Bitcoin a potential global superpower.
During his talk, Saylor highlighted the importance of the Strategic Bitcoin Reserve and its potential benefits for the US economy and corporations. The Strategy founder believes the reserve could bring in over $10 trillion annually for the US after 2045.
Saylor also shared his view that Bitcoin’s price will rise, fueled by the network’s growth and its security, integrity, and final settlement. He even believes Bitcoin could protect the US military, financial, and commercial systems.
But not everyone agrees. Investor and podcaster Jason McCabe Calacanis (@Jason) argues that Saylor’s approach could hurt the Bitcoin ecosystem and its reputation.
Calacanis also suggested that someone could create a “better” Bitcoin, although he doesn’t know what that would look like.
In the comments, X users debated the idea of a “better Bitcoin”. Matteo Pellegrini (@matteopelleg) responded, “You can’t invent digital scarcity twice”.
2. Jeremy (@Jeremyybtc) Slams Bubblemaps’ BMT Token
OKX advisor and crypto investor Jeremy (@Jeremyybtc on X) has criticized Bubblemaps over its BMT token launched on March 11.
He pointed out that BMT’s tokenomics resemble the same patterns Bubblemaps has condemned in other projects—specifically, a cluster of interconnected addresses among large holders.
“So when other coins bundle their supply, you immediately go after them, but when you pull the exact same shit, suddenly it’s all good?” Jeremy said, replying to Bubblemaps’ post.
Jeremy also shared a price chart showing BMT’s sharp decline – down about 50% since launch. Currently, BMT is trading at approximately $0.07, with a market cap of over $19 million, according to CoinMarketCap.
The token has a total supply of 1 billion, split between Solana and BNB Chain.
Related: Bubblemaps Reveals Airdrop and Exclusive Rewards for V2 Users
3. Stablecoins Hit Record High, Lark Davis Shares His Take
Crypto investor and influencer Lark Davis says the growth of stablecoins shows that capital remains deployed in the crypto ecosystem despite a market downturn.
According to DefiLlama, the total market cap of stablecoins soared above $227 billion, reaching a new all-time high.
The three largest stablecoins by this metric are currently Tether (USDT), USD Coin (USDC), and Ethena USDe (USDe).
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