Michael Saylor has responded to venture capitalist Jason Calacanis after Calacanis compared bitcoin with technologies that were displaced by newer platforms. In a post cited by CoinDesk, Calacanis wrote that “Bitcoin feels like the CD in the age of Spotify, the DVD in the age of Netflix.” Saylor’s response, summarized by the phrase “The orange tie stays,” addressed the suggestion that bitcoin may be approaching obsolescence. The exchange highlights a continuing debate over bitcoin’s long-term relevance as digital products and services evolve. No further details of Saylor’s response or a market reaction were provided in the source material. The comments are relevant to bitcoin (BTC), while CAP and ESP were also listed among the related assets.
