MicroStrategy founder Michael Saylor, known for his support for Bitcoin and his constant purchases, said he would follow in the footsteps of Satoshi Nakamoto.
I Will Follow in Satoshi Nakamoto's Footsteps!
Saylor recently revealed in an interview with The New Zealand Herald that he wants to follow in the footsteps of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, and leave his fortune to humanity.
“I'm a single man, no children. When I'm gone, I'm gone.
Just like Satoshi left a million Bitcoins to the universe, I will leave everything I have to civilization.”
Later in the interview, Saylor likened BTC to steel and electricity, stating that Bitcoin is the future of the economy.
Saylor also described Bitcoin as “clean, silent, programmable, immortal money.”
You Can Transfer Bitcoin to Institutions!
Saylor also argued that Bitcoin users have nothing to lose by transferring their Bitcoin to institutions.
While the celebrity was criticized for these comments, the community reminded Michael Saylor that he once advocated for Bitcoin to be self-custodial. “Saylor's comment stands in stark contrast to his previous support for self-custody of cryptocurrencies,” the statement said.
Saylor continued his view that BTCs could be transferred to institutions, arguing that instead of relying on hardware wallets, it would be better to trust too-big-to-fail banks, which are designed to be custodians of financial assets.
Under Saylor’s leadership, MicroStrategy purchased 252,200 Bitcoins worth approximately $16 billion, making it the largest Bitcoin holder among companies.
*This is not investment advice.
