Coin Stories Michael Saylor on Bitcoin to $100k+, the "Crypto Renaissance," Digital Capital and MicroStrategy Outperforming Everything
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Nov 18, 2024 
Michael Saylor, co-founder of MicroStrategy and an advocate for Bitcoin, shares his insights on the future of digital assets. He discusses how political shifts could enhance Bitcoin's legitimacy in the U.S. market. The conversation touches on the strategic importance of Bitcoin as a reserve asset and its role in economic empowerment. Saylor also highlights MicroStrategy's success as a Bitcoin Treasury Company and the potential of cryptocurrencies in reshaping finance, paving the way for a 'Crypto Renaissance' that leans toward a pro-Bitcoin regulatory environment.
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Strategic Bitcoin Reserve
- The US should establish a Strategic Bitcoin Reserve to acquire a significant portion of cyberspace, the new frontier.
- This reserve attracts global capital and solidifies the US's position in the 21st-century economy.
Bitcoin as Digital Capital
- Money has bifurcated into currency and capital after Bitcoin.
- The US should own the world's reserve capital network (Bitcoin) as it already controls the world's reserve currency (USD).
Digital Capital vs. Digital Currency
- Bitcoin serves as digital capital, not primarily as a digital currency.
- Its main value lies in long-term store of value, like real estate or equities.