Michael Saylor: Destroying private keys upon death is like donating wealth to all Bitcoin holders In an early interview, Michael Saylor mentioned that if someone accumulates a large amount of wealth in Bitcoin and destroys their private keys upon death, those Bitcoins will never be accessible again. This means the wealth won’t be inherited but will disappear from circulation entirely. Since Bitcoin’s total supply is fixed, this action effectively reduces the available supply, proportionally increasing the value of all other holders’ Bitcoin. In other words, destroying private keys is like ‘donating’ wealth to all participants in the Bitcoin network.