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Bitcoin Has Been Preparing Its Domination for 400 Years, Michael Saylor

Bitcoin Has Been Preparing Its Domination for 400 Years, Michael Saylor

Photo: Cointribune

What if bitcoin was not just a simple technological disruption, but the culmination of four centuries of capitalist evolution? In a striking analysis shared on social media, Michael Saylor shakes up conventions by tracing the long institutional genealogy that today allows a company like Strategy to make BTC a global reserve asset. The appearance of bitcoin in 2008 redefined the concept of money. However, according to Michael Saylor, the financial machinery that today allows a company to massively integrate it on its balance sheet does not date from yesterday, but from 400 years ago.

Source: Cointribune

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