Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
Top Tesla Investor Says Saylor Is Destroying Bitcoin - U.Today
The CEO of Gerber Kawasaki Wealth and Investment Management was reacting to an AI-generated video posted by Saylor, titled "The Right to Bear Arms," which features the eccentric executive in medieval armor alongside the Strategy CEO roasting an orange over a campfire before fighting bears.
However, some questioned what Gerber meant by saying that Saylor had built Bitcoin, considering that he had nothing to do with the cryptocurrency's earliest days (he was actually a critic)
HOT Stories
Top Tesla Investor Says Saylor Is Destroying Bitcoin
Why XRP AI Economy Should Be Calculated in Billions; $500,000 Bitcoin Prediction by China's Mining Vet; Robinhood Flips Ethereum in On-Chain Volume - Morning Crypto Report
"Rug pull" accusations
Gerber’s frustration with Saylor has been brewing for months.
In early June, Gerber explicitly accused the corporate Bitcoin hoarder of tanking the market and betraying retail investors.
"Saylor says he'll never sell bitcoin," Gerber stated on X. "Then rug pulls the market. It goes lower. Creating the negative cycle of liquidation of all the speculators."
Gerber placed the blame for the cryptocurrency's recent price volatility squarely on corporate whales, adding, "All because the big players are so greedy they can't seem to steal enough when times are good."
As Bitcoin's price action continued to struggle into late June, Gerber openly mocked Strategy's long-term viability. "The Strategy is to sell low in desperation?" he questioned. "Is Saylors silly Bitcoin gig finally up ?"
"No value creation"
The core of Gerber's bearish thesis on Strategy (trading under the ticker $MSTR) revolves around the company's fundamental business model, which he views as a dangerous and hollow financial engineering experiment.
According to the Tesla investor, Strategy's recursive strategy of issuing debt to buy more Bitcoin is structurally flawed. "There is no value creation by just buying bitcoin," Gerber responded. "So now it's a negative as they borrow to buy...."
The ETF alternative
Gerber advocates for a much more traditional, regulated approach to wealth management and tax efficiency.
In May, Gerber highlighted his preferred method for managing digital asset exposure and shielding investors from taxes, indirectly criticizing Saylor's corporate treasury strategy. "The best capital gain avoidance strategy is having an active etf," Gerber explained. "One can defer capital gains forever through the mechanisms within ETFs. Thats why I have one."