Michael Saylor, the Chairman of the Board of MicroStrategy, believes that Bitcoin is the best way to preserve wealth and protect it from inflation and political risks.
Saylor defines inflation as a vector of deterioration in many aspects of life. According to him, consumer inflation is the amount of money needed for a person to remain poor and lead a lower-class lifestyle, while asset inflation is the rate of wealth creation that allows one to preserve assets.
The head of MicroStrategy noted that asset inflation in the United States has been around 7-8% for roughly 100 years, while consumer inflation during the same period has been around 2%. Saylor pointed out that recently, asset inflation has sharply increased, creating an interesting scenario.
