TechFlow news, December 17 — In the latest episode of Cointelegraph's "Chain Reaction," Bitcoin economist Saifedean Ammous discussed Michael Saylor's Bitcoin philosophy. He explained that Saylor does not directly view Bitcoin as "money," but rather positions Strategy as refining "crude-oil-like Bitcoin" into various forms of financial assets, enabling more people to access Bitcoin in diverse ways.
Saifedean believes this approach does not alter Bitcoin's monetary nature: theoretically, Bitcoin itself is both money and an asset; against the backdrop of ongoing fiat expansion and persistent debt incentives, various financial instruments围绕Bitcoin will continue to emerge, yet their foundation remains the continuous accumulation and holding of Bitcoin as "pure capital." He concluded that as Bitcoin scales up and cash balances increasingly concentrate into Bitcoin, it will naturally evolve into money itself.
