Saylor fires back as Calacanis declares bitcoin 'the CD of the Spotify age'

Venture capitalist Jason Calacanis wrote what amounts to a bitcoin obituary, comparing it to "the CD in the age of Spotify, the DVD in the age of Netflix." Michael Saylor, executive chairman of Strategy, pushed back, answering simply: "The orange tie stays."

• The exchange captures the ongoing divide over bitcoin's future as a store of value versus an outmoded technology.
• No market data or new company development was included in Calacanis's remarks or Saylor's reply.