- Michael Saylor, co-founder of MicroStrategy, plans to give away his Bitcoin wealth to humanity, following the footsteps of Satoshi Nakamoto.
- Saylor believes Bitcoin is the future of economics, comparing it to steel and electricity as a foundation for the economy.
- MicroStrategy has accumulated 252,200 Bitcoin worth approximately $16 billion, making it the largest corporate holder of Bitcoin.
Michael Saylor, the co-founder and executive chairman of business intelligence firm MicroStrategy, recently revealed he plans to leave his Bitcoin fortune to humanity – just as Bitcoin’s creator Satoshi Nakamoto did when they disappeared. This article explores Saylor’s intentions and his views on Bitcoin’s role in the future.
Saylor’s Goal Goes Beyond Wealth
In an interview with The New Zealand Herald, Saylor reflected on his personal motivation, stating his goal goes beyond accumulating wealth. “I’m a single guy, I have no children – when I’m gone I’m gone,” he said. “Just like Satoshi left a million Bitcoin to the universe, so I’m leaving whatever I’ve got to the civilization.”
Bitcoin as the Future of Economics
In the interview, Saylor described Bitcoin as the future of economics, comparing it to foundational technologies like steel and electricity. He believes Bitcoin offers a solid foundation for the global economy, calling it “clean, silent, programmable, immortal money.”
Saylor sees Bitcoin retaining value over time, unlike traditional currencies which he says degrade like “fragile economic clay.” He stresses Bitcoin’s importance as a lasting “battery” that never loses its economic charge.
Bitcoin’s Role in Advancing Civilization
Reflecting on Bitcoin’s role in building the future, Saylor said: “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.”
While acknowledging Bitcoin doesn’t solve every problem, Saylor emphasized its significance as a profound innovation that provides durable economic energy to power human progress.
MicroStrategy’s Massive Bitcoin Holdings
Under Saylor’s direction, MicroStrategy has accumulated over 25,200 Bitcoin worth about $16 billion – making it the largest corporate Bitcoin holder. Earlier this month, Saylor explained MicroStrategy aims to become a “Bitcoin bank” that transforms global capital markets.
Conclusion
Michael Saylor is convinced Bitcoin holds the key to advancing civilization. By leaving his vast Bitcoin fortune to humanity like Satoshi Nakamoto, he hopes to create a lasting foundation for economic empowerment worldwide.
