Michael Saylor "You can't get rich from bank deposits... Global credit markets being reshaped around Bitcoin" [BBW 2025]

Michael Saylor, chairman of MicroStrategy, argued that the traditional financial structure no longer efficiently grows capital and said that global credit and capital markets will be reorganized into a digital capital system centered on Bitcoin.

On the 3rd (local time), on the main stage of Binance Blockchain Week 2025 held at the Dubai Coca-Cola Arena, Saylor said, "Digital currencies, digital credit, digital finance, and digital securities are rapidly replacing existing financial systems," adding, "Bitcoin is the foundational infrastructure of a new capital that operates on top of that."

He diagnosed that changes across currency, stocks, bonds, and credit in global capital markets have begun in earnest. He explained that especially after shifts in U.S. regulatory stance, large banks and institutional investors are rapidly moving into Bitcoin-based financial markets. Saylor emphasized, "Financial institutions that previously viewed Bitcoin negatively are now actively participating in asset management, lending, and product development," adding, "Wall Street's perception itself has changed."

He also mentioned Bitcoin's structural advantages. He described Bitcoin as "the most powerful financial and computing network on earth," saying that global hashpower, trading liquidity, user base, and invested capital combine to create an unprecedented asset ecosystem. He continued, "Bitcoin is not merely an investment target but an energy-based financial infrastructure that supports the entire digital economy."

MicroStrategy was introduced as a company operating a new 'digital treasury·digital credit' model that utilizes Bitcoin. Saylor explained that the company has developed high-dividend digital credit products using Bitcoin accumulated over many years as collateral. He said, "While traditional corporate bonds or money markets remain at 3% to 5%, Bitcoin-based structures, because they are based on appreciating assets, can create higher returns and lower cost structures."

In this process, he also raised the possibility that digital credit structures could directly replace existing bank deposits, money markets, and corporate bond markets. Saylor said, "No one can become rich from bank deposits," and "Bitcoin-based credit structures offer a completely different game." He emphasized that combining Bitcoin's appreciation rate with credit product structures produces "yields on a different level."

When asked during the on-site Q&A 'Why Bitcoin?', Saylor replied, "Just as music, movies, education, and entertainment have all become digital, currency and credit will inevitably undergo digital transformation." He stressed, "Digital technology has provided faster, cheaper, more transparent, and better services to more people, and Bitcoin is the financial completion of that trend."

Saylor said, "The foundation of the digital capital system is Bitcoin, and on top of it digital credit, digital finance, and digital securities are being built," adding, "Ultimately, the winners are the investors and users who understand and get on this change first." He added, "MicroStrategy is moving aggressively to accelerate this transition."