Michael Saylor Wants to Give Bitcoin Wealth Back to Humanity
In an interview with “Markets with Madison,” a podcast by The New Zealand Herald, Michael Saylor, the co-founder and executive chairman of MicroStrategy, said he wants to donate his BTC wealth to humanity. Evidently inspired by the mysterious BTC creator Satoshi Nakamoto, Saylor wants to make an eternal footnote in history with his substantial stackings.
Michael Saylor’s Vision of Bitcoin as the Future of Economics
Saylor reportedly told the podcast that, to him, BTC is more than an asset. “I’m a single guy, I have no children — when I’m gone, I’m gone,” Saylor said, explaining that he plans upon his death to will his BTC to civilization, much like Nakamoto did with one million Bitcoins.
He referred to Bitcoin as “clean, silent, programmable, immutable money” that one day would be part of the backbone of all economic architectures. Comparing this innovation to other such groundbreaking discoveries as steel and electricity, Saylor said one will be sorry for missing the BTC Train-as sorry as those who opposed the Industrial Revolution. MicroStrategy’s BTC Strategy and Saylor’s Long-Term Predictions.
MicroStrategy’s Bitcoin Strategy and Saylor’s Long-Term Predictions.
His company, MicroStrategy, holds approximately 252,200 BTC, valued at about $16 billion. Such huge investment by him reflects his belief in BTC as a hedge against inflation and a foundation for future growth.
Saylor went on to say that companies like Apple could reap really huge market value in the case of an investment in Bitcoin. He predicted that an investment of $100 billion would yield $500 billion of value for the tech giant, way beyond simple stock buybacks.
With inflation eroding traditional reserves, Saylor is confident that Bitcoin’s long-term value will only continue to grow stronger. “Long-term value of the BTC is a no-brainer,” he said, closing the podcast on an optimistic note.
