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Once skeptical of Bitcoin, Michael Saylor has now become one of the most steadfast bulls in the market. Looking back at this well-known entrepreneur's statements, his evaluation of Bitcoin 12 years ago was quite straightforward—he believed it would eventually follow the path of online gambling, with bleak prospects. From a skeptic to a believer, Saylor's change of perspective itself tells an interesting story. This process of moving from doubt to embrace, to some extent, reflects the deepening and evolution of the entire market's understanding of Bitcoin.