{"id":23111,"date":"2025-04-22T04:31:47","date_gmt":"2025-04-22T04:31:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23111"},"modified":"2025-04-22T04:31:47","modified_gmt":"2025-04-22T04:31:47","slug":"bitcoin-is-steel-ethereum-and-solana-are-balsa-wood-and-clay-warns-michael-saylor-strategy-chair-says-leveraging-eth-sol-could-lead-to-catastrophe","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23111","title":{"rendered":"Bitcoin Is Steel, Ethereum And Solana Are Balsa Wood And Clay, Warns Michael Saylor\u2014Strategy Chair Says Leveraging ETH, SOL Could Lead To &#8216;Catastrophe&#8217;"},"content":{"rendered":"<div>\n<p><strong>Strategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) executive chairman <strong>Michael Saylor<\/strong> cautioned companies against leveraging <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) and <strong>Solana <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) like <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), stating that it might lead to a \u201ccatastrophe.\u201d<\/p>\n<p><strong>What Happened:<\/strong>\u00a0In an interview with TheBlock that aired Saturday, Saylor likened Bitcoin to steel while comparing Ethereum and Solana to\u00a0balsa wood and clay bricks. He warned that leveraging these tokens could lead to them buckling under pressure. <\/p>\n<p>The Bitcoin maximalist said that Ethereum and Solana were not commodities but rather tokens. \u201cAnd so I would caution anybody listening here against leveraging up on a token or a proprietary asset,\u201d he added.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The &#8216;MicroStrategy playbook&#8217; for other crypto assets?<\/p>\n<p>Here&#8217;s what <a href=\"https:\/\/twitter.com\/saylor?ref_src=twsrc%5Etfw\">@saylor<\/a> has to say \ud83d\udc47 <a href=\"https:\/\/t.co\/n7ddj62Vd4\">pic.twitter.com\/n7ddj62Vd4<\/a><\/p>\n<p>\u2014 The Block (@TheBlock__) <a href=\"https:\/\/twitter.com\/TheBlock__\/status\/1914335944578338830?ref_src=twsrc%5Etfw\">April 21, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async ...><\/p>\n<p><a href=https:\/\/www.benzinga.com\/25\/04\/44914780\/michael-saylor-warns-leveraging-ethereum-and-solana-could-lead-to-ftx-terra-luna-like-situationcalls-them-balsa-w alt=Bitcoin Is Steel, Ethereum And Solana Are Balsa Wood And Clay, Warns Michael Saylor\u2014Strategy Chair Says Leveraging ETH, SOL Could Lead To &#039;Catastrophe&#039;>Full story available on Benzinga.com<\/script><\/div>\n<\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strategy Inc. (NASDAQ:MSTR) executive chairman Michael Saylor cautioned companies against leveraging Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) like Bitcoin (CRYPTO: BTC), stating that it might lead to a \u201ccatastrophe.\u201d What Happened:\u00a0In an interview with TheBlock that aired Saturday, Saylor likened Bitcoin to steel while comparing Ethereum and Solana to\u00a0balsa wood and clay bricks. He [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23111","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23111"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23111\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}