Michael Saylor calls Bitcoin the ‘solution to money’ – Can BTC prove him right?

Michael Saylor has come up with a new essay titled “What is Money?” in which he has made an argument that Bitcoin [BTC] is a better form of money than gold and fiat money.

Saylor contends that money is an economic value that has been stored as a result of people’s labor, time, and intelligence. Since inflation, taxes, fees, restrictions, and confiscation produce what he refers to as “monetary entropy,” good money should maintain its value over time and be able to travel across borders.

Then he contrasts fiat money with gold. Although gold is durable, difficult to make artificially, and scarce, its physical characteristics make it challenging to move and store. While digital payments make fiat money easier to transfer, governments and central banks have the power to alter monetary policy, freeze accounts, prevent transfers, or lower purchasing power through inflation.

Saylor vouches for Bitcoin despite volatility

Saylor argues that Bitcoin combines the strengths of gold and fiat while reducing their weaknesses. It is digital, making it easier to store and transfer than gold, while its supply is governed by a public protocol rather than a government or central bank. 

He said, 

Bitcoin is digital gold, but it is more useful to understand it as digital monetary energy.

Therefore, Saylor’s main contention goes beyond the mere prediction that the price of Bitcoin will increase. Hence, he ended it best when he said, 

Bitcoin is the engineering solution to the problem of money.

Is this in contradiction to BTC’s price?

It’s important to note that Saylor’s argument is based on long-term scarcity rather than the assertion that Bitcoin is stable at the moment. For context, Bitcoin is about 50% below its 2025 all-time high of $126,080, as it was around $63,000 at press time. 

Saylor’s argument centers on whether Bitcoin can preserve wealth over decades better than money with an expandable supply. Despite short‑term volatility, BTC’s fixed maximum supply of 21 million underpins this long‑term scarcity thesis.

Needless to say, the ability of Bitcoin to maintain purchasing power over a 100-year period has not yet been tested, as it was only introduced in 2009. Therefore, the $63,000 price emphasizes the gap between Saylor’s long-term monetary thesis and short-term price stability.

This coincided with Saylor’s firm, Strategy, changing its ‘never sell Bitcoin’ strategy to now selling off 6916 BTC alone in 2026. In fact, recently, Saylor also criticized the whole concept of BIP-110. Yet, despite all these hubhubs, Strategy still ranks as the highest Bitcoin DAT with 840,447 BTC. 

Final Summary

• Saylor believes that Bitcoin combines the strengths of gold and fiat while reducing their weaknesses.
• Saylor’s argument is not based on the assertion that Bitcoin is stable currently but on its long-term scarcity.