Michael Saylor Declares “Bitcoin Is Money” as BTC Surges Past $100K

Michael Saylor, Executive Chairman of MicroStrategy, made waves across the crypto space with a bold statement on X (formerly Twitter): “Bitcoin is money. Everything else is credit.” This declaration has once again underlined Saylor’s unwavering belief in Bitcoin as the ultimate form of money—one that stands above fiat currencies and traditional banking systems.

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Saylor has long been one of Bitcoin’s most vocal supporters. Since 2020, he has directed MicroStrategy to accumulate billions in BTC, positioning the company as one of the largest corporate Bitcoin holders. His latest statement comes amid Bitcoin’s historic surge past $100,000 in late 2024, fueled by regulatory clarity and a bullish global market sentiment.

According to Saylor, traditional finance is built on credit and trust, whereas Bitcoin is trustless, decentralized, and mathematically secured. He argues that this distinction makes Bitcoin not just an asset, but a new form of money—a safe haven that companies and individuals can rely on.

The crypto community has responded with overwhelming support. Saylor’s comments sparked widespread discussions online, with enthusiasts praising him for articulating Bitcoin’s core value. His statement has further solidified his role as a leading voice in the crypto revolution.

Despite his optimism, Saylor acknowledges that widespread Bitcoin adoption will require a shift in global financial thinking. Still, he remains committed to his mission: establishing Bitcoin as a global store of value and monetary standard.

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Anmol Khatiwada

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