Michael Saylor on Bitcoin vs dollar
From Michael Saylor: "Bitcoin for America" Full Speech | Bitcoin Policy Institute · · The Bitcoin Revolution
“Bitcoin is not a threat to the dollar. The dollar is currency, Bitcoin is capital. If you need money for the next four weeks in Argentina then you're using the peso, if you need money for the next four years in Argentina you're using the dollar, if you need money for the next 40 years in Argentina and you're smart you're using the Bitcoin.”
On , Michael Saylor, Executive Chairman at MicroStrategy Inc., spoke about Bitcoin vs dollar during Michael Saylor: "Bitcoin for America" Full Speech | Bitcoin Policy Institute on The Bitcoin Revolution.
About Michael Saylor
Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), has continued to advocate for long-term Bitcoin accumulation while expanding the company's financial products. In media appearances and earnings calls, Saylor stated that Strategy has bought $11 billion of Bitcoin in the first half of 2026 and holds over 818,000 BTC. He described the company's digital credit product STRC (Stretch) as having grown from zero to $10.5 billion outstanding in ten months, and said the company is prepared to sell a small amount of Bitcoin to fund STRC dividends if necessary, while emphasizing that for every Bitcoin sold, the company would buy five to ten times more. Saylor argued that the traditional four-year Bitcoin cycle is "broken" and that price action is now driven by demand-side factors such as institutional credit formation rather than supply halvings. Saylor has also commented on Bitcoin's price trajectory, stating that he believes the bottom was found at $60,000 and that the market is moving into a "crypto spring" with support in the mid-$70,000 range. He has described Bitcoin as "digital capital" and argued that the $400 trillion not yet in crypto is the relevant factor for future growth. Saylor has promoted STRC as a way for investors to earn an 11.5% tax-deferred dividend with principal protection, and has said the product is designed to "equalize opportunity" regardless of income or wealth. He has continued to appear on financial news networks and podcasts to discuss Strategy's Bitcoin treasury strategy, regulatory developments such as the Clarity Act, and what he describes as the convergence of traditional finance and decentralized finance through digital credit.