Michael Saylor Says He’ll Auction His Bitcoin Stash to Civilization When Dead

In a recent interview with journalist Madison Reidy on Markets with Madison on October 21, Michael Saylor, co-founder and executive chairman of MicroStrategy, hinted at leaving all his assets to “civilization” after his death.

“I’m a single guy, I have no children. When I’m gone, I’m gone. Just like Satoshi left a million Bitcoin to the universe, so I’m leaving whatever I’ve got to the civilization,” he said.

Saylor’s Personal Motivation Goes Beyond Wealth

The pro-Bitcoin enthusiast revealed that in the absence of a family and children, he wishes to leave his wealth to humanity, following in the footsteps of the Bitcoin creator Satoshi Nakamoto.

His recent comments emphasized his belief in Bitcoin beyond monetary gain. During the interview, he often mentioned that he envisions leaving behind a legacy like Satoshi Nakamoto did.

Furthermore, the MicroStrategy co-founder described Bitcoin as the future of economics, emphasizing its role in shaping the future. Comparing Bitcoin to steel and electricity, Saylor revealed that with more people embracing crypto, the 21st century “can build something much grander” than the “20th-century economists struggling with clay and cotton candy.”

Saylor believes Bitcoin provides a similar foundation for the economy to steel and electricity and describes it as “clean, silent, programmable, immortal money.” The MicroStrategy co-founder reiterated Bitcoin’s supremacy over traditional currencies, noting that fiat loses its value over time while the crypto firstborn retains value over time.

Bitcoin Will Solve Half the World’s Problem

Saylor acknowledged that Bitcoin is not a solution to every problem. He told Reidy that the premier asset cannot cure diseases or stimulate happiness, but it would solve a considerable amount of the world’s issues.

“It won’t solve your mental issue, and it won’t make your children love you.” Saylor remarked, “It’s economic energy—it’ll solve half the world’s problems.”

It bears mentioning that Saylor’s Bitcoin gospel is not new among the crypto community. On several occasions, the Bitcoin proponent has stated that the largest cryptocurrency by market cap is digital gold, comparing owning it to a property in Cyber Manhattan.

MicroStrategy’s Purchases Mirror Saylor’s Bitcoin Belief

Under Saylor’s leadership, MicroStrategy became the largest public holder of Bitcoin, accruing 252,220 BTC. With its stash, the software intelligence firm now holds over 1% of Bitcoin’s circulating supply and sits at an unrealized profit of approximately $6 billion.

Meanwhile, Saylor is no slouch in personally accumulating the premier asset. He revealed sometime in August that he owns more than $1 billion worth of Bitcoin. Bitcoin was trading at around $56,000 at the time, implying that he owns 17,732 BTC.