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Michael Saylor, the CEO of MicroStrategy, is planning to donate his entire Bitcoin fortune, drawing comparisons to Satoshi Nakamoto’s mysterious gift of Bitcoin to the world. In an interview, Saylor described Bitcoin as “immortal money,” crucial for building the future economy.
Saylor's Vision Goes Beyond Wealth
Saylor recently discussed his inner drive in an interview with The New Zealand Herald, where he made it clear that he has aspirations beyond material success.
"I’m a single guy, I have no children — when I’m gone, I’m gone. Just like Satoshi left a million Bitcoin to the universe, so I’m leaving whatever I’ve got to the civilization," he remarked.
Bitcoin as the Future's Economic Foundation
While comparing Bitcoin to steel and energy, Saylor characterized it as the economic currency of the future in the interview, Decrypt shares.
"You take away steel and electricity—those are two big ones—take away the electricity, you have no elevator," he claimed. "Take away steel, the building falls over."
According to Saylor, Bitcoin provides a comparable economic basis; he calls it "clean, silent, programmable, immortal money."
Why Bitcoin Outlasts Traditional Currency
"If you want your company, family, or endowment to last forever, you need to capitalize it with an asset that doesn't degrade," Saylor stated during the interview.
Conventional money, in his opinion, deteriorates like "economic clay or balsa wood," whereas Bitcoin's worth remains stable.
"The rate of the dollar is 7% a year for 100 years. When you lose 7% of your energy for 100 years, you lose 99.9% of whatever you are," Saylor pointed out.
Bitcoin: The Battery of Economic Energy
To further emphasize Bitcoin's ability to store infinite economic energy, he likened it to a rechargeable battery.
The foremost proponent of Bitcoin considers it "a profound step forward for the human race, because for the first time, economics crosses from being an art to being a science."
"With 8 billion people with crypto steel or economic steel, we can build something much grander in the 21st century than all the 20th-century economists struggling with clay and cotton candy," Saylor remarked on Bitcoin's potential impact on the future.
Bitcoin Won't Solve Everything, But It Matters
Saylor admitted that Bitcoin won't fix everything, but he emphasized the cryptocurrency's value as a driving force behind the economy.
"It won’t fly you, it won’t cure your cancer, it won’t make you happy, it won’t solve your mental issue, and it won’t make your children love you." To counter this, Saylor made the comment, "It’s economic energy—it’ll solve half the world’s problems."
MicroStrategy: The Largest Corporate Bitcoin Holder
The highest Bitcoin holder among firms is MicroStrategy, which has amassed 252,200 Bitcoin, valued at almost $16 billion, under Saylor's leadership.
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