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Michael Saylor’s Bitcoin Prophecy: The ‘Freedom Virus’ for a New Financial System

Published 05/31/2024, 08:00 PM
Updated 05/31/2024, 08:45 PM
© Reuters.  Michael Saylor’s Bitcoin Prophecy: The ‘Freedom Virus’ for a New Financial System
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  • Michael Saylor described Bitcoin as an ideal treasury asset.
  • According to Saylor, the technology behind Bitcoin enables a shift in the balance of power.
  • Saylor considers Bitcoin a monetary virus that can give sound money to the world.

Former MicroStrategy CEO Michael Saylor hailed Bitcoin as the ideal treasury asset, calling it the solution for every corporation, investor, family, and individual. Saylor made the statement during a recent interview with Peter McCormack, host of the “What Bitcoin Did” YouTube channel.

The renowned Bitcoin maximalist touched on several aspects of Bitcoin, including how the emerging digital money is accelerating fiat decay and leading to a stealth revolution in the global financial system. According to Saylor, the flagship cryptocurrency is a technology for human empowerment.

Notably, Saylor highlighted how the technology behind Bitcoin shifts the balance of power away from corporations and central entities, returning it to the hands of individuals. The Bitcoin investor confirmed to McCormack that he embraces Bitcoin not just as an asset but also as a technology, noting that understanding the technology leads to the Bitcoin id…

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