I found it interesting that Michael J. Saylor has been sharing lately. He draws a fascinating parallel between Bitcoin's trajectory and what Apple experienced with the iPhone in its early days.

For those who don't know, Michael J. Saylor is the CEO of MicroStrategy and one of the largest Bitcoin accumulators in the world. His analytical approach is unique: he compares Bitcoin's current phase to the famous "valley of despair" that Apple went through during the launch of the iPhone.

The idea is that revolutionary innovations do not follow a linear curve. They go through phases of doubt and volatility, where many think it's over before the market truly recovers. Apple experienced this, and according to Michael J. Saylor, Bitcoin is currently going through something similar.

What’s interesting about this reasoning is that it completely shifts the debate. Instead of just looking at the price of the day, Saylor suggests viewing Bitcoin as a long-term adoption cycle, comparable to that of a transformative technology like the iPhone.

The parallel works quite well if you think about it. The iPhone seemed like an expensive and useless gadget to many before becoming indispensable. Bitcoin has experienced similar cycles of hype, collapse, doubt, and yet it’s still here.

This is the kind of analysis that changes perspective. Instead of panicking over short-term fluctuations, we ask ourselves: where will Bitcoin be in 10 years? And this question makes monthly variations much less relevant.