"Soul is at stake" MicroStrategy's Michael Saylor talks about how Bitcoin is reshaping America and reigniting the meaning of life.

"Bunny Blockchain" interviewed MicroStrategy founder Michael Saylor at the New York Digital Asset Summit (DAS) (. He shared how he found direction in life again from the Bitcoin community during the darkest moments of the pandemic. He discussed not only how Bitcoin saved his company but also boldly predicted that the United States is ushering in a "Digital Asset Revolution" and will become the global leader in digital assets. This conversation covered macro policies, the future of the industry, and his personal shift in beliefs, from interactions with the White House to the Treasury's pivot to innovative applications of Bitcoin ETFs.

From Lost to Awakening: The Power of Bitcoin to Change Lives

Saylor admitted that during the lockdown in 2020, he felt hopeless, his work stagnated, the company could not grow, and he was physically and mentally exhausted. It was during that time that he came into contact with the Bitcoin community. "It saved my company and gave me a reason to wake up," he said. "I was planning to retire, but Bitcoin helped me find the meaning of existence."

He describes himself as having long surpassed the role of a mere investor, becoming a "Bitcoin maximalist." "I don't just have skin in the game; I have my soul on the line."

White House's Attitude Change: Bitcoin Receives "National Level Endorsement"

Saylor described an important turning point: the U.S. government shifted from hostility to embracing Bitcoin. At a cryptocurrency summit, the president signed the "Bitcoin Strategic Reserve" bill, and the Treasury Secretary pledged to promote the removal of anti-crypto regulations. Even more shocking, the White House publicly recognized Bitcoin as "digital gold" and "the only truly decentralized crypto asset."

This action symbolizes the United States' recognition and support for the cryptocurrency industry. "This is the first time in the past 50 years that a new emerging industry has received such hospitality from the White House."

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The Ministry of Finance's Shift: From Suppression to Active Guidance

After the summit, Saylor had a conversation with the Secretary of the Treasury, where he learned that the U.S. government plans to systematically withdraw all anti-Bitcoin and anti-crypto regulations "on a weekly basis." Moreover, the Department of Commerce and the Small Business Administration also showed a high willingness to participate.

"This is the most innovative government I've ever seen in my life, even more decisive than during Reagan and Thatcher's era." Saylor emphasized that this is not only a turning point for the industry but also a historic "moment of legalization."

Bitcoin and Interest Rate Policy: A New Safe-Haven Asset Under Geopolitics

Facing the uncertainty of interest rate cuts and inflation, Saylor stated that Bitcoin has become the favorite asset of macro traders, as it circulates globally year-round and is regarded as a commodity rather than a security, thus avoiding regulatory gray areas.

He criticized short-term traders for overinterpreting policy news, thus missing out on Bitcoin's long-term potential. "If you just keep buying and selling back and forth, it would be better to hold on for the long term from the start." He predicts that Bitcoin will steadily rise 30%-60% every year over the next 20 years.

Financial Innovation: Bitcoin Convertible Bonds and BMAX ETF

Saylor explains how MicroStrategy incorporates Bitcoin into its capital structure using convertible corporate bonds, enabling the company to raise funds and deploy quickly. He believes this strategy is more efficient than the traditional slow investment cycle of companies.

This strategy further evolves into an ETF, with a fund named REX Bitcoin Corporate Treasury Convertible Bond ETF )BMAX(, whose investment objective is to provide total returns by investing in convertible bonds issued by companies that hold Bitcoin. Saylor believes that the BMAX ETF is designed to address the accessibility issues in the convertible bond market, allowing retail and general institutional investors to participate as well. "This is an important step toward making the 144A bond market more transparent and accessible."

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Saylor predicts that future superpowers will establish their own digital economic systems through Bitcoin. AI, robots, and autonomous vehicles require assets that are frictionless and settle in real-time, "and Bitcoin is the only suitable infrastructure."

He believes that the United States leads the world in political and economic power as well as regulatory transparency, which will attract global capital and innovators. "This is no longer a small game in a gray area, but a large-scale transformation of legalization."

Strategic Naming: The Brand Transformation from MicroStrategy to Strategy

Saylor talked about the company's name change from MicroStrategy to Strategy, mentioning the need to simplify the brand and remove historical burdens. "Strategy is a word that everyone in the world will spell, and it represents the key to victory."

Bitcoin is the "common faith" of this generation.

Saylor concluded in a sentimental and philosophical tone: "Bitcoin is the only bet we can all win."

He described the Bitcoin community as a global team, where everyone is both a fan and a player, supporting each other and facing challenges together. "In this chaotic world, Bitcoin is the outlet for order. This is a meaningful battle, and we will win together."

This article "Soul on the Line" by MicroStrategy's Michael Saylor discusses how Bitcoin is reshaping America and reigniting the meaning of life, originally appeared on Chain News ABMedia.