Michael Saylor explains why Bitcoin is essential for everyone

Michael Saylor explains why Bitcoin is essential for everyone

Michael Saylor's belief in Bitcoin is unwavering, no matter what price the cryptocurrency is trading at on the market.

This was demonstrated by Saylor at the Bitcoin Atlantis conference held in Madeira, where he once again advocated for the adoption of Bitcoin as a fundamental pillar of the future.

Saylor used his speech at Bitcoin Atlantis to highlight why “Bitcoin is for everyone” and why it is such a valuable asset, to the point of considering it “essential” for the well-being of humanity.

During the conference, the pioneer of institutional Bitcoin accumulation highlighted that the market-leading cryptocurrency is a fundamental asset for the well-being of everyone, including “individuals, families, investment and operating firms, banks, non-profit organizations and governments alike.”

Saylor, who has emerged as a leading figure in the Bitcoin-as-a-store-of-value narrative, again advocated for the adoption of the cryptocurrency as a fundamental pillar of the future.

At the conference, Saylor discussed the impact Bitcoin has on individuals, institutions and governments, and again highlighted why he believes there is no second best asset to this cryptocurrency.

Bitcoin is the best asset in the world, according to Michael Saylor

First, Saylor outlined each of the features that Bitcoin has, starting with that it is an entirely digital asset, which can be regarded as “digital capital,” “digital property,” “digital wealth,” and “digital money.” He also noted that cryptocurrency is becoming “digital energy” for the universe.

For years, Saylor has been a proponent of Bitcoin's potential as an investment asset and even as digital gold. He firmly believes that the cryptocurrency could become the equivalent of gold and that individuals, institutions and governments will adopt it as a reliable store of value in the long term. All of this has led Saylor to accumulate a significant amount of bitcoins over the past 4 years, despite the volatility of its price in the market.

To date, your company, MicroStrategy, maintains in its corporate treasury a total of 214.250 BTC, which are valued at over $14.700 billion at the time of this publication.

“Bitcoin is winning”

Saylor has incorporated Bitcoin as a core asset in its corporate investment strategies. Since 2020, MicroStrategy has been accumulating bitcoin as its primary store of value asset, acquiring the cryptocurrency on a recurring basis regardless of its price.

Although this move has earned him some criticism from those who think he is risking everything by putting his capital in a single asset, Saylor has stressed that his unmatched tenacity in investing in the cryptocurrency has yielded excellent results, demonstrating the solidity and effectiveness of his bitcoin accumulation strategy.

In a chart shared on X (formerly Twitter) about Bitcoin's performance against the world's major investment assets, Saylor stressed that there is no doubt about Bitcoin's positive attributes as a long-term store of value.

Performance of Bitcoin and major investment assets since August 2020.
Performance of Bitcoin and major investment assets since August 2020.
Source: @saylor

According to this chart, since MicroStrategy began investing in Bitcoin in August 2020, its holdings of the cryptocurrency have grown by more than 430%, while S&P 500 and Nasdaq stocks and gold have significantly underperformed over this period. Relative to silver and Treasury bonds, the performance of these assets has been negative over the past 4 years.

This, according to Saylor, reinforces his view that investing in Bitcoin has been the best decision he has ever made and that the cryptocurrency has become the best investment asset worldwide.

Education, the key to demystifying myths and empowering people

In addition to his consistent acquisition of Bitcoin, Saylor has also become one of the cryptocurrency’s most vocal advocates, using public discourse and social media to debunk myths surrounding Bitcoin’s use and adoption and expose its potential and advantages to the world, in order to empower individuals and businesses to achieve financial freedom.

Saylor has promoted different educational initiatives focused on Bitcoin that are aimed at both companies and individuals, positioning himself as a leader in institutional investment in Bitcoin and becoming one of the main voices defending its potential and value.

Other prominent figures from the Bitcoin ecosystem and the cryptocurrency industry also participated in the Bitcoin Atlantis conference, such as Jack Dorsey, CEO of Block; Lyn alden, founder of Lyn Alden Investments and Ego Death Capital; Daniel Batten, founder of CH4 Capital and Samson Mow, founder of JAN3, among others.

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