Money Is Flowing Out of 20th Century Analog Assets Into Bitcoin: Saylor
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- Michael Saylor says that Bitcoin is helping the conversion of capital from the analog world to the digital world.
- He noted Bitcoin’s resilience to external factors such as weather, war, and supply chain disruptions.
- Bitcoin whales have strategically purchased more than 100,000 BTC over the past ten days.
In a recent interview with Fox Business, MicroStrategy founder and Bitcoin advocate Michael Saylor delved into the concept of money as economic energy and the transformative power of Bitcoin on the global financial landscape.
The interviewer referred to one of Saylor’s previous podcasts, seeking clarification on his assertion that “Money is economic energy.” Saylor responded, stating that this is a pivotal question of our times, one he spent most of his adult life without fully understanding.
He explained that economic energy constitutes capital and wealth, currently valued at around $900 trillion, tied up in real estate, stocks, bonds, and various currencies. Saylor emphasized that Bitcoin represents the digital transformation of capital.
He cited the increasing flow of millions of dollars …
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