Bitcoin Protects Wealth From Inflation and Governments: Saylor

• Michael Saylor believes Bitcoin is the best way to store and protect wealth.
• Saylor thinks consumer inflation is the amount of money a person needs to stay poor.
• According to Saylor, asset inflation is the rate of creating wealth to stay wealthy.

Michael Saylor, the executive chairman of the board at MicroStrategy, believes Bitcoin is the best way to store wealth and protect it from the dangers of inflation and political risks. Saylor said this during a discussion with Stephen Gardner, a Safe Money Specialist in the United States.

The MicroStrategy Chief began the discussion by explaining the dynamics involved in monetary inflation. Saylor defined inflation as a vector and described consumer inflation as a metric that provides information on the price of products whose qualities are continually deteriorating. 

According to Saylor, consumer inflation is the amount of money a person needs to stay poor and live a lower middle-class lifestyle, while asset inflation is the rate of creating wealth to …

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