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Michael Saylor Declares Bitcoin the Future Backbone of Modern Finance

  • Michael Saylor, alongside cryptography pioneer Adam Back, hails Bitcoin as the future backbone of modern finance, labeling it a 'monetary virus' to overhaul outdated systems.
  • Saylor emphasizes strategy over speculation, encouraging businesses to embrace Bitcoin by building treasury reserves, going public, raising capital, and reinvesting in BTC.
  • His company has developed proprietary metrics and financial products related to Bitcoin, including credit instruments and custom models assessing BTC-based yield and risk.
  • Saylor predicts a future where direct Bitcoin transactions replace traditional exchanges, facilitated by Layer-2 networks, solidifying Bitcoin's role as the primary infrastructure for modern finance.

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