Who is Michael Saylor? All about the Bitcoin entrepreneur
Follow cryptocurrency trends long enough, and you’re bound to hear about Michael Saylor. Perhaps you saw his face on podcasts promoting Bitcoin (BTC), or maybe you’ve noticed his name in crypto articles. That’s because he’s one of the biggest supporters of Bitcoin even when the asset was going through a downturn.
If you’re a crypto bro, you’ll learn more about your favorite asset! Many people still do not see why it’s a big deal, and others see it as a fad. Perhaps you’ll change your mind by learning about MicroStrategy CEO Michael Saylor. He firmly believes in the power of Bitcoin to change the world, so he’s a great source of insights into the technology.
I’ll start by covering personal information about Michael Saylor, such as his childhood experiences. I’ll establish his professional background by sharing more details. That way, you’ll see that solid experiences and expertise back his views. Later, we will explore Michael Saylor’s strong support for Bitcoin and other cryptocurrencies.
A quick look at Michael Saylor
Photo Credit: en.wikipedia.org
He was born in 1965 in Lincoln, Nebraska. Michael Saylor belonged to a military family, so he spent his early years on various US Air Force bases worldwide.
When he reached his teenage years, he and his family settled at Wright-Patterson Air Force Base. This was near Dayton, Ohia, the Wright brothers who made the first airplane.
He finished high school at the top of his class, and his peers voted him as the most likely to succeed among them. This would prove to be true later in his life!
Saylor studied at MIT on a full Air Force Reserve Officer Training Corps scholarship. He got two degrees in aeronautics and astronautics and science, tech, and society during his studies.
He became interested in applying computer simulations to business and public policy. In 1987, Michael Saylor graduated from MIT with the highest honors.
He joined the US Air Force until he launched MicroStrategy in 1989. It aligns with his passions from college because it offers software solutions that help businesses deliver data.
MicroStrategy grew steadily because of its new approach to business intelligence. It went public in 1998, and it became a global firm under Michael Saylor’s leadership.
The achievements of Michael Saylor
We're living in the future friends…come join us! All courses and certificates are free:https://t.co/DKzAVc26Ga https://t.co/fVA4Uh4bGm
— Saylor Academy (@saylordotorg) October 5, 2021
Saylor also invented many things with over 40 patents under his belt. For example, he launched Angel.com, one of the first cloud-based voice response services.
In 1999, he started The Saylor Foundation, which has given millions of dollars to charitable causes. These include refugee relief, education, and children’s health.
In 2008, Michael Saylor launched Saylor Academy to provide free education on the internet. You may learn from its many courses by making a free account.
He also wrote the book “The Mobile Wave: How Mobile Intelligence Will Change Everything.” it proves that he can figure out how tech will shape our lives in the long run.
It came out in 2012, but it told how social, cloud, and mobile networks would affect politics and economies. He also knew that big-tech companies would have power across countries.
In 2015 and 2016, Michael Saylor took part in the Forbes 400 Summit on Philanthropy. Nowadays, he travels to more than 60 cities and 25 countries to share his views on tech and business.
Read More: Why More Countries Are Adopting Cryptos
Michael Saylor sees bitcoin as hope.
#Bitcoin is progressively gaining the support of serious macroeconomic analysts & market strategists like @NorthmanTrader as they come to realize the utility of a global, non-sovereign store of value asset to an investment portfolio facing inflation risk.https://t.co/DDAn8XWfbM
— Michael Saylor⚡️ (@saylor) January 22, 2022
People haven’t been going around the world lately because of the coronavirus pandemic. Yet, this doesn’t stop the tech billionaire from sharing his outlook on Bitcoin (BTC).
Michael Saylor sees Bitcoin as hope. As I said, you’ll often see him talking on Bitcoin news. When he’s live on video, you know he will show his support for cryptocurrencies.
He explained his views in a live interview with John Vallis, the Bitcoin Rapid-Fire Podcast host. Saylor backs it up with a lot of info that many viewers know.
If you don’t know where he’s coming from, you’ll have difficulty seeing his point of view. Fortunately, we can talk more about it below:
Bitcoin is “clean” money
Michael Saylor sees money as a means of getting products and services for our efforts. It’s also our way of affecting the world around us. You can look to him for examples.
The bitcoin billionaire knows this. He has helped many people worldwide, but he wouldn’t be able to do it without money. That’s why he dislikes what governments do to it.
They sully this medium of exchange with their harmful policies. For example, the US dollar was backed by gold until President Nixon canceled that.
Now, the dollar’s value relies on the actions of the Fed, and it has been going down ever since. On the other hand, Michael Saylor says bitcoin is “clean” money.
In other words, it’s untouched by external control, so its value doesn’t crash like fiat. Bitcoin’s design also helps it retain its value.
Saylor supports Bitcoin in every way
In August 2020, @TheRealTahinis adopted the #Bitcoin Standard, transforming their balance sheet from traditional cash & credit to $BTC in order to shield themselves from inflation and gain an edge in the marketplace. Their story is inspirational. 🌻https://t.co/MzZjEmLT7o
— Michael Saylor⚡️ (@saylor) November 21, 2021
The 56-year-old billionaire now had at least 17,732 Bitcoin tokens in December 2021. That was worth around $860 million in cash at the time.
Meanwhile, his company MicroStrategy also has been buying Bitcoins since 2019. In December of last year, it had 122 478 Bitcoins worth $6 billion.
As I said, Michael Saylor has appeared in so many interviews. He has expressed his support for Bitcoin in each one. He even went so far as to say gold should be scared of bitcoin.
This turned out to be true because more investors chose bitcoin over gold. The recent market crash didn’t turn them off too. Instead, people saw it as a chance to buy at a low price!
Go to his Twitter page, and you’ll see so many pro-Bitcoin posts. For example, he shared a story about a Canadian restaurant that started turning extra earnings into Bitcoin in August 2020.
Tahinis founders Aly and Omar Hamam said they did it because of the rising prices of everything. It’s their way of making sure their earnings are safe from this.
What can I learn from Michael Saylor?
MicroStrategy has purchased an additional 271 bitcoins for $15.0 million in cash at an average price of ~$55,387 per #bitcoin. As of 5/13/2021, we #hodl ~91,850 bitcoins acquired for ~$2.241 billion at an average price of ~24,403 per bitcoin. $MSTRhttps://t.co/EwZnRkAt6k
— Michael Saylor⚡️ (@saylor) May 13, 2021
After reading about the bitcoin billionaire, you can see that bitcoin isn’t just a fad. His views about the asset come from his years of skills and know-how. You can find more folks like him too.
They know that bitcoin has that much potential to change the world. If you look around you, you’ll notice that more places worldwide adopt cryptocurrencies.
You can now buy stuff with bitcoin if you’re from the US. Banks now provide credit cards that give bitcoin rewards. Apps like PayPal let you checkout with it.
El Salvador took it one step further by accepting it as real money. This means its people can pay their bills in Bitcoin. It’s even making a bitcoin mining station that uses power from volcanoes.
Even better, you can learn about it for free on the internet. Michael Saylor provides free lessons about the asset. You may also look at other sites for more info.
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Final thoughts
Bitcoin can change your life too! Michael Saylor is proof that bitcoin is a source of positive change. He proves this every day with his statements and his projects worldwide.
You’ll have to start by learning all you can about it. Find out how it works and what it’s used for in real life. That way, you can figure out a way for it to make your life better.
It has all the latest crypto news. Not only that, but it can keep you up-to-date with everything else around the world!
