MicroStrategy CEO: Bitcoin is like Apple and Netflix in the early days, the next great product
MicroStrategy CEO Phong Le reflected on his initial understanding of Bitcoin in early 2020 during an interview with What Bitcoin Did on November 28, 2025. He compared it to technological breakthroughs such as the early internet, the iPhone, and Netflix's DVD service. He emphasized that judging Bitcoin's future returns is not the key; more important is recognizing its fundamental logic as a "good product." Truly innovative products are often hard to value in the early stages, but their potential can be perceived through user experience. He believes Bitcoin exemplifies this "long-term value determined by product strength," and its global applicability and technical features will become the core drivers of future growth.
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MicroStrategy CEO: Bitcoin is like Apple and Netflix in the early days, the next great product
MicroStrategy CEO Phong Le reflected on his initial understanding of Bitcoin in early 2020 during an interview with What Bitcoin Did on November 28, 2025. He compared it to technological breakthroughs such as the early internet, the iPhone, and Netflix's DVD service. He emphasized that judging Bitcoin's future returns is not the key; more important is recognizing its fundamental logic as a "good product." Truly innovative products are often hard to value in the early stages, but their potential can be perceived through user experience. He believes Bitcoin exemplifies this "long-term value determined by product strength," and its global applicability and technical features will become the core drivers of future growth.
Source: What Bitcoin Did