Michael Saylor Bitcoin Vision: A Digital Divine Bank for All

CN
13 hours ago

CEO of Strategy has recently shared his bold views on BTC during a podcast interview calling it the closest thing humanity has to a “Digital Divine Bank” which was later shared by Wu Blockchain on its X handle.

Source: X

Michael is reflecting on decades of monetary history and his own professional journey, he explained why he believes BTC is the ultimate long-term store value. Let’s discuss the interview and his opinion shortly.

Michael Saylor Bitcoin explains t he problem with traditional currencies

Michael Saylor Bitcoin confidence is not new, he speaks boldly about golden assets and here also he highlighted that throughout history the fiat currencies have repeatedly collapsed every 30 to 40 years. He said even the U.S dollar which is considered as the best currency of the 20th century has lost 99.9% of its value over time.

According to him, this constant devaluation of  money leaves the individuals with no reliable way to preserve their wealth for next generations. His suggestion is whatever you choose as your store of value will be terribly deflated during your lifetime.

All time high BTC does not show this kind of behaviour with its price value, he says it will rise and smart ones will grab them instead of focusing on fiat.

Golden asset as a thousand year bank

When asked about his passion for BTC he said that he filled a global need for a trusted, incorruptible financial network. “If God is not setting up a divine bank to solve all monetary problems then what would be the next idea? " he asked.

Michael Saylor Bitcoin believes that asset is the solution which is a decentralized, totally transparent and enduring network that could act as a financial foundation for the next thousand years and immune to political mismanagement or banking failures.

A career shift driven by BTC

Michael Saylor Bitcoin discovered that he discovered it in 2020 after decades of building technology businesses, some wildly successful and some faced failures too.

He said BTC has changed his outlook on wealth preservation and technology’s role in finance that pushed Strategy to invest heavily and now hold around 3% of all in circulation. And now firm is holding highest 607,770 BTC.

BTC becoming a global standard

According to Michael Saylor Bitcoin is steadily emerging a new monetary standard which is similar to gold in past centuries but far superior in durability and accessibility. He believes younger generations must understand it as the ultimate safeguard for the value of their life’s work.

Conclusion

Michael Saylor Bitcoin vision paints the coin  more than a digital asset. It is a long-lasting, incorruptible alternative to failing fiat systems. By calling it a “Digital Divine Bank,” Michael Saylor Bitcoin suggests it could redefine how humanity stores and protects wealth for centuries to come.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

交易+Web3一站式体验!注册OKX返佣20%,福利立享!
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink