Michael Saylor Reveals Why He Chose Bitcoin Over Gold and Real Estate

Michael Saylor, Executive Chairman of MicroStrategy, recently discussed his journey into Bitcoin on The Jordan B. Peterson Podcast. He revealed that the COVID-19 pandemic in 2020 sparked his decision to find a secure store of value for the company’s $500 million portfolio. While exploring traditional assets like real estate, stocks, art, and gold, Saylor found them lacking in liquidity, scalability, and long-term growth potential.

Initially skeptical of Bitcoin, even considering it a "scam coin," Saylor eventually recognized its unique qualities—liquidity, fungibility, decentralization, and resilience. These factors ultimately convinced him to allocate MicroStrategy’s capital into Bitcoin, making him one of the most vocal institutional advocates for the digital asset. Today, his company holds over 200,000 BTC, positioning Bitcoin at the center of its treasury strategy.

Saylor also addressed concerns about the impact of quantum computing on Bitcoin’s security. He argued that even if quantum machines could one day break cryptographic keys, they couldn’t undermine the core principles of Bitcoin, which he described as "an ideology manifested as a protocol." According to Saylor, Bitcoin is backed by fundamental mathematics and is “the most anti-fragile and indestructible thing in the world.”

His strong conviction reflects a broader narrative about Bitcoin as a superior store of value in a volatile financial landscape. Saylor’s insights reinforce Bitcoin’s growing role in institutional finance, especially as traditional assets face increasing uncertainty.

This interview adds to the ongoing public discourse around Bitcoin’s long-term viability, security, and ideological significance in the face of advancing technologies and global financial instability.