In a recent interview, Michael Saylor, founder of Strategy, described Bitcoin as the "highest form of capital" ever discovered. Speaking with Peter McCormack on May 1, Saylor emphasized Bitcoin's role as digital capital and a representation of economic scarcity. He argued that the ability to store capital is crucial for making long-term investments and building for the future.
Saylor contrasted Bitcoin with gold, which he acknowledged as a former standard of portable capital. However, he noted that gold's slow nature makes it unsuitable for supporting high-frequency global trade in today's economy. In contrast, Bitcoin, akin to digital gold, facilitates the efficient and reliable movement of large capital amounts.
Michael Saylor Declares Bitcoin as Ultimate Form of Capital
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