Michael Saylor Speech: Bitcoin Will Reshape the Global Financial System, Countries Should Seize the Opportunity of the Digital Capital RevolutionDeep Tide TechFlow News, on December 10, Michael Saylor delivered a keynote speech titled "Digital Capital, Credit, Money, and Banking" at the Bitcoin MENA Conference, emphasizing Bitcoin's transformative potential in the global financial system. Saylor pointed out that recent recognition of Bitcoin as a reserve asset by U.S. politicians, including Donald Trump, along with data showing the growth of Bitcoin reserves since 2020.
He described Bitcoin as the "world's digital store of value," highlighting features such as unlimited supply, no counterparty risk, no event risk, no confiscation risk, no holding fees, high portability, and final settlement within minutes. Through DuPont analysis, Saylor demonstrated Bitcoin's superior capital efficiency compared to traditional finance.
In his speech, he compared the performance of different asset classes: fiat
DeepFlowTech·1h ago