Published by CentBit.Online – Crypto & Blockchain Expert, Bangladesh
**Bitcoin maximalist and MicroStrategy Executive Chairman Michael Saylor has once again stirred the global financial conversation by declaring:
“Bitcoin is money. Everything else is credit.”**
The comment, posted on X (formerly Twitter), quickly went viral among Bitcoin enthusiasts, economists, and financial analysts—reigniting the debate around what constitutes “real money” in the 21st century.
The Philosophy Behind the Quote
Saylor’s statement echoes the monetary theories of economists like Friedrich Hayek and Murray Rothbard, while also drawing inspiration from J.P. Morgan, who famously said in 1912:
“Gold is money. Everything else is credit.”
In Saylor’s updated view, Bitcoin replaces gold in the modern digital economy.
“Bitcoin doesn’t rely on a counterparty, central bank, or political will. It’s pure monetary energy,” Saylor said in a follow-up post. “Everything else—fiat, bonds, stocks, stablecoins—is ultimately someone else’s liability.”
Why It Matters
This statement comes as:
-
Governments explore CBDCs (central bank digital currencies)
-
Bitcoin adoption accelerates, with over 300 million global users
-
Corporations and countries consider Bitcoin as a strategic reserve asset
-
Inflation and debt levels rise across major fiat economies
Saylor’s comment reinforces Bitcoin’s appeal as hard money—with a fixed supply of 21 million coins and no central authority.
“In a world of rising debt and collapsing trust, Bitcoin offers certainty,” said [Insert Analyst Name], macro strategist at CentBit.Online.
Impact on Bangladesh’s Financial Thinking
For a country like Bangladesh, where inflation, currency volatility, and dependency on foreign reserves are constant concerns, Saylor’s message is particularly relevant.
“If Bitcoin is the only true form of money in this new economy, Bangladesh should at least study it seriously, not ignore it entirely,” said [Insert Your Name], founder of CentBit.Online.
Bangladesh could benefit from:
-
Exploring Bitcoin for long-term wealth preservation
-
Educating policymakers on digital asset fundamentals
-
Developing frameworks for regulated crypto access
Conclusion
Michael Saylor’s statement—“Bitcoin is money. Everything else is credit”—is more than a viral quote. It’s a challenge to traditional monetary systems and a call to recognize the rise of a decentralized, sovereign form of money.
As the global economy evolves, the question is no longer “Is Bitcoin real?” but rather: “Can we afford to ignore it?”
For deep insights into Bitcoin philosophy, crypto markets, and financial reform in Bangladesh, visit CentBit.Online — your gateway to the decentralized future.
