At a recent event, Michael Saylor discussed the significance of Bitcoin for the modern economy, highlighting its role in refreshing outdated financial systems.
Bitcoin as a 'Monetary Virus'
Michael Saylor, sharing the stage with cryptography pioneer Adam Back, described Bitcoin as a 'monetary virus' designed to infect outdated systems and empower forward-thinking institutions.
Strategies for Business in the Era of Bitcoin
Saylor emphasized that small and medium-sized businesses can evolve into significant players in the Bitcoin economy. He suggested strategies such as building treasury reserves, listing publicly, raising capital, and reinvesting it into BTC. In his view, public companies are uniquely positioned to accelerate Bitcoin adoption at scale.
A Future Without Traditional Exchanges
Saylor also predicted that the traditional exchange model could become obsolete as direct Bitcoin transactions between corporations, individuals, and banks gain traction. He sees the emergence of Layer-2 networks on Bitcoin reinforcing this shift, turning BTC into not just digital gold but a backbone of modern finance.
Michael Saylor affirmed his belief that Bitcoin isn't just competing — it's already winning as a key element of modern finance.
