
吴说区块链|Sep 28, 2025 04:32
Michael Saylor: The biggest shareholder of my company is also a Bitcoin skeptic
In an interview with Natalie Brunell, Michael Saylor pointed out: 'Lack of cash flow' is not a sufficient reason to deny an asset's value. Assets like diamonds, gold, classical paintings, and land are widely recognized as 'property-type assets,' yet they also do not generate cash flow. As 'money,' the key lies in liquidity and salability, not cash flow. He also mentioned that the Vanguard CEO once called Bitcoin 'uninvestable,' yet Vanguard is the largest shareholder of his company. This contrast highlights the lag in traditional finance's understanding of new value carriers. Michael Saylor believes that understanding Bitcoin should return to the essence of money and its liquidity structure, rather than simply judging it based on cash flow.
Video source: https://www.(youtube.com)/watch?v=CbODA93ByS0
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