In a groundbreaking announcement poised to influence the future of digital currency, Michael Saylor, co-founder and executive chairman of MicroStrategy, revealed his plans to donate his substantial Bitcoin wealth to benefit humanity. This revelation was made during his appearance on the “Markets with Madison” podcast hosted by The New Zealand Herald.
Bitcoin for Humanity by Michael Saylor
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- Generous Giving Plan: Michael Saylor, a leader at MicroStrategy, wants to give away a lot of his Bitcoin money to help people everywhere. He got this idea from Satoshi Nakamoto, the person who created Bitcoin.
- Bitcoin’s Future Role: Michael thinks Bitcoin can be super important. He says it’s like other big inventions, such as steel and electricity, which changed the world.
- Bitcoin’s Future Price: Michael predicts that one Bitcoin could be worth $13 million in 21 years. He thinks it will be a strong and valuable asset.
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During the podcast, Michael Saylor talked about his big ideas for Bitcoin. He was inspired by the person who made Bitcoin, Satoshi Nakamoto, but nobody knows who they are. Michael said, “I’m a single guy with no kids, so when I’m gone, I’m gone.” He wants to do something special with his Bitcoin to help people.
Michael believes in Bitcoin and thinks it is like “magic money” because it doesn’t get old or lose its value. He thinks Bitcoin can be crucial for the future, just like when people started using steel and electricity. These are big changes that helped the world grow. He also said if you want your family or company to last a long time, you should use something that doesn’t lose its value, like Bitcoin.
At his company, MicroStrategy, they have a lot of Bitcoin—252,200 of them! That’s a considerable number, and it’s worth about $16 billion! His company used to make software, but now they also hold a lot of Bitcoin because Michael thinks it’s a good idea.
Michael believes that Bitcoin can help companies become worth even more money. He has told big companies, like Apple, that if they put $100 billion into Bitcoin, their value could grow by $500 billion. He even thinks that in 20 years, each Bitcoin could be worth $13 million! That’s a lot of money.
Michael dreams of Bitcoin being a big part of the future. He thinks it will stay valuable for a long time and wants everyone to know about it.
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