In Bitcoin We Trust Newsletter

In Bitcoin We Trust Newsletter

Share this post

In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
Michael J. Saylor’s Great Betrayal of the Bitcoin Revolution

Michael J. Saylor’s Great Betrayal of the Bitcoin Revolution

Michael J. Saylor plays into the hands of the powerful people of the current system by denying that Bitcoin is money.

Sylvain Saurel
Dec 28, 2024
∙ Paid
7

Share this post

In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
Michael J. Saylor’s Great Betrayal of the Bitcoin Revolution
10
Share

Today, I'm going to talk to you once again about Michael J. Saylor. I know you're going to think I'm going round and round talking about Michael J. Saylor and MicroStrategy, but Michael J. Saylor is omnipresent in the Bitcoin world. It seems to me that hardly a day goes by without him taking part in a podcast or TV show where he's going to spread his vision of the future for Bitcoin.

When I read or hear some of the things he says about Bitcoin, I can't help but react, because I agree less and less with the man who, for me, was an excellent advocate of the Bitcoin revolution when he entered this world in August 2020.

The more time passes, the more what I wrote earlier this year is confirmed: Michael J. Saylor has gone from Bitcoin Hero to Bitcoin Villain.

Those of you who have been in the Bitcoin world for many years will tell you that this wouldn't be the first time that a personality has been praised by the community, only to disappoint. In some cases, the consequences have been even more dramatic, as they have jeopardized the Bitcoin revolution, even temporarily.

Of course, the Bitcoin revolution has always demonstrated that it is stronger than individuals, and it will continue to be so. For this, we can once again thank Satoshi Nakamoto for stepping aside and offering Bitcoin as a unique gift to all mankind.

Decentralized, permissionless, trustless, and leaderless, the Bitcoin revolution cannot be stopped.

Regarding Michael J. Saylor, I'd like to come back to what he said during an interview for the Galaxy Brains podcast on December 5, 2024, when Bitcoin had just broken the $100K barrier for the first time in its history. The podcast was published on December 11, 2024, but I only learned about it a few days ago.

Of course, I encourage you to listen to the podcast for yourself and form your own opinion. You can then read the rest of this article and compare your opinion with what I feel after listening to this podcast. I'll be quoting extensively from the podcast, to reveal that in my humble opinion, Michael J. Saylor doesn't understand Bitcoin and wants to go down the wrong path.

This will make sense with what I wrote recently in the article entitled: “Does Michael J. Saylor's All-In Strategy With Bitcoin Threaten the Future of the Bitcoin Revolution?”


Does Michael J. Saylor’s All-In Strategy With Bitcoin Threaten the Future of the Bitcoin Revolution?

Sylvain Saurel
·
December 25, 2024
Does Michael J. Saylor’s All-In Strategy With Bitcoin Threaten the Future of the Bitcoin Revolution?

The holiday season of 2024 is not an easy one for Michael J. Saylor and MicroStrategy. He spares no effort and continues to work hard. A few hours after announcing a new purchase of BTC for the seventh consecutive Monday since November 11, 2024, bringing the total number of BTC held by MicroStrategy to 444,229 units, Michael J. Saylor and MicroStrategy have just announced that they want to increase authorized share count by 10 billion.

Read full story

Keep reading with a 7-day free trial

Subscribe to In Bitcoin We Trust Newsletter to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Sylvain Saurel
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share