TechFlow news, on December 10, Michael Saylor delivered a keynote speech titled "Digital Capital, Credit, Money, and Banking" at the Bitcoin MENA conference, focusing on Bitcoin's transformative potential in global finance. Saylor noted that U.S. politicians, including Donald Trump, have recently acknowledged Bitcoin as a treasury reserve asset, and presented data showing the growth of Bitcoin treasuries since 2020.
He described Bitcoin as the "world's digital value carrier," emphasizing its characteristics of no time limit, 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 currencies depreciating at -1.4%, inflation at 7.5%, stock returns at 12.1%, while Bitcoin's compound annual growth rate reached 34.2%. Saylor warned of risks in traditional systems, such as currency depreciation, positioning Bitcoin as a hedge against volatility.
Saylor firmly stated, "Our purchasing power will exceed all sellers in the market; we will never experience buyer fatigue." He further declared, "Our goal is to acquire every available Bitcoin in the market."
He concluded by calling on nations, especially those in the Middle East and North Africa region, to adopt Bitcoin as digital capital, credit, and money, predicting that the Bitcoinization process will accelerate, ushering in an era of digital abundance.
