Saylor Sees Bitcoin as Digital 'Economic Energy' to Store Labor's Value

Strategy Chairman Michael Saylor has defined money as 'economic energy', arguing that it is a technology that stores the value of labor, moves it across time and delivers it over distance. In an essay co-written with Robert Breedlove, Saylor explained that monetary systems should be assessed by how effectively they preserve this economic energy.

Saylor emphasized that good money must have two key abilities: to store and move value without losing its worth in the process, which he called 'monetary entropy'. He contrasted this with gold, citing its scarcity and durability as strengths but also noting its limitations in terms of mobility and reliance on custodians.

In comparison, Saylor sees Bitcoin (BTC) as an ideal digital monetary energy due to its lack of a central issuer and fixed total supply of 21 million units. He believes this makes it more effective at preserving economic energy than traditional government-issued money or gold.