Top 10 Crazy Things Michael Saylor Said About Bitcoin by DailyCoin
Last week, permabull and MicroStrategy Inc. co-founder Michael Saylor stepped down from his role as CEO.
In addition to serving as the head of business intelligence firm MicroStrategy for 33 years, Saylor also made crypto history with his bullish and outlandish statements about Bitcoin, heating up Twitter (NYSE: ) with idiosyncratic threads that prompted some commentators to question whether they should follow him.
Below is a compilation of the 10 most bizarre comments Saylor has made about Bitcoin.
10. Bitcoin will have the same fate as online gambling
Michael Saylor’s journey has certainly been an interesting one, as he went from bashing Bitcoin in 2013, to being one of the digital asset’s most enthusiastic advocates in 2020.
In a 2013 tweet, Saylor compared Bitcoin to online gambling.
#Bitcoin’s days are numbered. It seems only a matter of time before it suffers the same fate as online gambling.
— Michael Saylor (@saylor) December 19, 2013
The MicroStrategy co-founder’s position regarding Bitcoin made a drastic change, and in August 2020, MicroStrategy announced its first purchase of $250 million worth of bitcoin for its own reserves. Soon after, the business invested an additional $175 million in Bitcoin, bringing the total value of BTC stock up to approximately $425 million. Saylor later revealed that he had also bought himself millions of dollars worth of bitcoin for personal belongings.
9. Bitcoin is hope
Saylor’s Twitter account is full of statements about Bitcoin that leave followers wondering about the former CEO’s level of obsession with Bitcoin.
Laser eyes cut through the chaos. #Bitcoin
— Michael Saylor (@saylor) July 2, 2022
#Bitcoin is never boring.
— Michael Saylor (@saylor) June 30, 2022
#Bitcoin is hope.
— Michael Saylor (@saylor) July 6, 2022
8. The song about moving money at the speed of light.
On July 2, 2022, Saylor shared a song compiled from public statements he had made about Bitcoin.
Everyone wants to move money at the speed of light. #Bitcoin pic.twitter.com/7wf3hCRMDh
— Michael Saylor (@saylor) July 2, 2022
6. Lessons from Ancient Egypt
On June 20, 2022, Saylor joked about having “unearthed wisdom from ancient Egypt.” In the video shared by Saylor, researchers reproduced the voice of an Egyptian mummy, who could be heard saying the word “Bitcoin”.
Archeology has uncovered wisdom from ancient Egypt, still relevant today.pic.twitter.com/rklibsXe1O
— Michael Saylor (@saylor) June 20, 2022
5. The death of George Washington and the current monetary system
Michael Saylor repeatedly stated that Bitcoin would be the tool to heal the troubled monetary and economic system. Saylor was known to support crypto as a hedge against inflation, but as part of that he made some particularly odd references to the death of George Washington.
George Washington woke up at 2 a.m. on December 14, 1799 with a sore throat. After a series of medical procedures, including draining nearly 40 percent of his blood, he died that evening.
We have drained almost 40 percent of the energy from our currency in two years. #Bitcoin pic.twitter.com/hkEFXTe685
— Michael Saylor (@saylor) April 16, 2022
4. “In time they will pick up the knowledge and you will get the money”
After the collapse of , and the subsequent crash inflicted on the crypto market, Saylor tweeted: “The #bitcoin price is set by those with more money and less knowledge than you. In time, they will get the knowledge, and you will get the money.”
The value of Bitcoin fell by approximately 58% in the first half of 2022, trading at the $31k level at the time of the tweet.
The #bitcoin price is set by those with more money and less knowledge than you. In time they will get the knowledge and you will get the money.
— Michael Saylor (@saylor) May 11, 2022
3. Time travel with Bitcoin
Michael Saylor has consistently advocated that Bitcoin is a long-term investment, insisting that he has an interest in Bitcoin investing both personally and for MicroStrategy.
In a 2020 tweet, he poetically wrote: “The magic of Bitcoin isn’t transferring money to someone 10,000 miles away — it’s transferring money to someone 10,000 days away.”
The magic of #Bitcoin isn’t the transfer of money to someone 10,000 miles away – it’s the transfer of money to someone 10,000 days away.
— Michael Saylor (@saylor) October 2, 2020
On the other side
- On August 2, Michael Saylor announced that he was stepping down as CEO of MicroStrategy and would instead take on the role of Executive Chairman. In light of the news, MicroStrategy’s stock hit a 3-month high.
- With the price down more than 40% since the start of 2022, MicroStrategy’s position in Bitcoin was a significant factor in the $917 million in losses recorded by the company in Q2.
2. “Channeling of energy through time and space”
In 2020, Michael Saylor tweeted: “Bitcoin is the most efficient system in human history for channeling energy through time and space.” In fact, the concept of “Bitcoin as an energy” seems to have been particularly compelling to Saylor, at least in 2020.
#Bitcoin is the most efficient system in human history for channeling energy through time and space.
— Michael Saylor (@saylor) October 1, 2020
1. “Bitcoin is a goddess of wisdom”
Perhaps the most bizarre comment to come from Saylor were the words: “Bitcoin is a swarm of cyberhornets that serve the goddess of wisdom, feed on the fire of truth, and grow exponentially smarter, faster and stronger behind a wall of encrypted energy.” The tweet, from September 2020, was posted when Bitcoin’s price was hovering at 10K, and Saylor had an almost religious belief in the power of Bitcoin.
#Bitcoin is a swarm of cyberhornets serving the goddess of wisdom, feeding on the fire of truth, growing exponentially ever smarter, faster and stronger behind a wall of encrypted energy.
— Michael Saylor (@saylor) September 18, 2020
Michael Saylor bid farewell as CEO of MicroStrategy by tweeting his plans to concentrate even more on Bitcoin in his next role. Whether it was made ironically or not, the crypto community can rest assured that Saylor will continue to be a Bitcoin maximalist, and a driving force behind its adoption.
In my next job I intend to focus more on #Bitcoin.
— Michael Saylor (@saylor) August 3, 2022
Why you should care
Read more about the aftermath of Michael Saylor stepping down as CEO:
MicroStrategy (MSTR) rises to 3-month high as Michael Saylor steps down as CEO
Find out how the crypto world reacted to Saylor’s relocation:
The crypto world reacts to Michael Saylor’s resignation
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