• Dapps: 16.23K
  • Blockchains: 78
  • Active users: 66.47M
  • 30d volume: $303.26B
  • 30d transactions: $879.24M

Michael Saylor on His Plans to Donate Bitcoin to Humanity

user avatar

by

3 hours ago


Michael Saylor, co-founder and executive chairman of MicroStrategy, has once again made headlines with his bold vision for the future of Bitcoin and his personal legacy.

A Vision Beyond Wealth

Saylor, known for leading MicroStrategy’s aggressive Bitcoin acquisition strategy, has accumulated 252,200 BTC, making the company the largest corporate Bitcoin holder. However, Saylor's ambitions reach beyond wealth accumulation. In an interview with *The New Zealand Herald*, he revealed his plan to donate his Bitcoin wealth to humanity. Inspired by Bitcoin's creator, Satoshi Nakamoto, Saylor intends to leave "whatever I've got to civilization" after his time.

I’m a single guy, I have no children—when I’m gone, I’m gone. Just like Satoshi left a million Bitcoin to the universe, so I’m leaving whatever I’ve got to civilization.Michael Saylor

Bitcoin: The Foundation of Future Economies

In the interview, Saylor compared Bitcoin to fundamental innovations like steel and electricity, which have shaped modern infrastructure and society. He described Bitcoin as "clean, silent, programmable, immortal money," serving as the economic foundation for the future. Emphasizing Bitcoin’s resilience in contrast to traditional fiat currencies, Saylor labeled them as "economic clay or balsa wood," whereas Bitcoin retains value over time.

You take away steel and electricity—those are two big ones—take away the electricity, you have no elevator. Take away steel, the building falls over.

Saylor’s Commitment to Bitcoin's Evolution

Saylor acknowledged that Bitcoin isn’t a panacea for all the world’s problems, yet stresses its transformative power as a store of economic energy. His profound belief in Bitcoin’s long-term value forms the backbone of his commitment to donating his Bitcoin fortune to humanity.

Saylor’s long-term predictions and his plan to donate his wealth underline his ambition to leave a legacy as profound as Satoshi Nakamoto's.

0

Share

Other news

Potential Candidates to Succeed Gensler at SEC

An overview of potential candidates for the SEC chair amid upcoming shifts in crypto regulation.

user avatar

a few seconds ago

US Election 2024: Impact on the Cryptocurrency Market

Trump and Harris' crypto interest fuels market swings ahead of the 2024 election.

user avatar

a minute ago

Dogecoin Surges 6%: Impact of Elon Musk's Mention on Price

Dogecoin rose 6% after Elon Musk mentioned it in an interview. Analysis of current technical indicators.

user avatar

2 minutes ago

Mt. Gox Transfers Over $2 Billion in Bitcoin to New Addresses

Mt. Gox wallets transferred over $2B in Bitcoin, leaving $810M in balance.

user avatar

2 minutes ago

How the 2024 US Elections Might Impact the Crypto Market

The 2024 US elections shape predictions for the crypto market. How might the outcome change Bitcoin's prices?

user avatar

3 minutes ago

Polymarket leverages US influencers to promote election betting

Polymarket partners with US influencers to promote election betting, defying a federal ban.

user avatar

9 minutes ago

dapp expert logo
© 2020-2024. DappExpert. All rights reserved.
© 2020-2024. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.