Saylor’s “Financial Engineering” for Bitcoin Won’t Drive Long-term Value: Ripple CEO
In a hard-hitting criticism of Michael Saylor’s aggressive Bitcoin purchasing, Ripple CEO Brad Garlinghouse has challenged the approach adopted by the CEO of Strategy. In a recent tweet in which he called Saylor’s strategy “financial engineering”, the top Ripple executive stated that an artificial buying process won’t help the crypto market in the long-term and has instead contributed to rising volatility.