Saylor Says Buying Bitcoin is Thinking Like a Billionaire
Michael Saylor, the founder of Strategy and Bitcoin's vocal advocate, believes that buying Bitcoin is a way to think like a billionaire. He made this statement while referencing the Bernard Arnault test, which categorizes assets desirable for wealthy investors in the long term.
Saylor claims that Bitcoin passes the Bernard Arnault test, suggesting it as a preferred asset for those who want to invest their wealth and think like a billionaire. This theory is based on the idea that Bitcoin's scarcity and potential for price growth make it an attractive long-term investment opportunity.
According to Saylor, wealthy investors should consider whether an asset will still be in demand many years from now, not just its short-term earning potential. He emphasizes Bitcoin's status as a scarce digital currency with a strong market of buyers willing to acquire it at any time.