One of the most active characters in the crypto world today is Michael Saylor. Saylor is an American businessman, executive, inventor, author, and philanthropist, who has become one of the world's leading pro-crypto champions.
DHe stands out especially for being a first-rate BTC hodler, since his company MicroStrategy has more than 130.000 BTC to his credit, which currently have a value of more than 2 billion euros.
Beginnings of Michael Saylor
The life and story of Michael Saylor begins in Lincoln, Nebraska, in 1965, within a military family, since his father was a sergeant major in the Air Force, which led him to live from move to move all over the world. world. During his adolescence, his family settled at Wright-Patterson Air Force Base near Dayton, Ohio, the birthplace of aviation and home of the Wright brothers. There, Saylor attended high school, graduating at the top of his class and was voted most likely to succeed by his peers.
This first successful educational step for Saylor quickly led him to seek new educational challenges, one that he would find at the Massachusetts Institute of Technology (MIT), which he would attend on a full scholarship from the Air Force Reserve Officers' Training Corps. . While at MIT, he was a member of the Theta Delta Chi fraternity and earned double degrees in aeronautics and astronautics, as well as science, technology, and society.
Already at MIT, Saylor was able to see first-hand how technology revolutionizes and impacts people's lives, being primarily interested in the use of computer simulation technology in areas such as public policy and business strategy. This interest led him to investigate more about this subject, with which he ended up writing his thesis "A Machiavellian interpretation of political dynamics", erroneously recognized in many spaces as "A Mathematical Model of a Renaissance Italian City State", and all this while studying System Dynamics at the MIT Sloan School of Management, in 1987.
His work was accepted with great success and his efforts led him to graduate with highest honors from MIT. After successfully completing Flight Officer training at Lackland Air Force Base in San Antonio, Texas, where he learned to fly, he was commissioned a second lieutenant in the United States Air Force. He later enlisted in the Air Force Reserve and began a consulting career focused on building computer simulations to support strategic decision making at companies such as DuPont, Dow, and Exxon.
Seeking new horizons: the creation of MicroStrategy
In 1989, at the age of 24, Saylor combined his passions for technology, business, and the use of computer simulations to launch MicroStrategy. The new company was the realization of the interest shown during his studies at MIT to apply technology in the real world.
In fact, the business was founded on his vision to help companies deliver intelligence everywhere. The idea was quite simple, since what was sought was to take advantage of the power of computers, data analysis and the evolution of information technology, accompanied by a pioneering business intelligence approach called relational online analytical processing (ROLAP), to make the company become one of the giants in the sector. All this allowed it to grow steadily until it went public on Nasdaq in 1998, under the symbol MSTR. Under his leadership, MicroStrategy has become a global leader in enterprise analytics and mobility software, serving thousands of organizations around the world.
During his time at the helm of MicroStrategy, Saylor has become the inventor of more than 40 patents. In addition to being recognized as the inventor of relational analytics, he led MicroStrategy in the fields of web analytics, distributed analytics, mobile analytics, cloud computing, mobile identity, and IoT. He was also the creator and founder of Alarm.com (NASDAQ: ALRM), an early home security and automation company, and Angel.com (sold to Genesys Telecommunications Laboratories for $110 million in 2013), one of the the first cloud-based interactive voice response service providers.
Visionary in the world of technology
In addition to all this, Saylor is the author of the book "The Mobile Wave: How Mobile Intelligence Will Change Everything", published by Perseus Books in 2012.
This was one of the world's first books anticipating the massive impact of mobile, cloud and social media on global political and economic development, along with the rise of Apple, Amazon, Facebook and Google as transnational technology leaders that would destabilize the status quo in most industrial and political fields. The Mobile Wave appeared on The New York Times and The Wall Street Journal Best Sellers lists. His vision on this point was correct, since these technologies are now a fundamental part of the world in which we live.
Your interest in Bitcoin
Still interested in the technologies that can change the world, Saylor began to value Bitcoin in the year 2020. At that time, his company was beginning to experience a great bonanza with its shares clearly rising and with a market that could not be more eager for intelligence. business in the face of the strong situation that was experienced worldwide with the arrival of the COVID-19 pandemic.
In that situation, Saylor recognized two points that he had personally studied:
- An uncontrollable supervening situation that can affect the global market in the medium and long term. COVID-19 was a situation that his MIT thesis describes very well, and that with his experience he knew that it could create new opportunities or strong setbacks, all depending on how it was handled at the business level.
- Another uncontrollable situation, this time in the face of politics, another situation that was also very clearly described in his thesis, and that as a businessman he knew would bring problems. In the midst of the COVID-19 crisis, governments and banks started printing money indiscriminately and with it inflation began to grow, hitting businesses, consumers and the global economy.
Faced with this situation, Saylor took more interest in the technology of cryptocurrencies, in how they are managed and in their economic theory. Bitcoin made him understand that another means of money was possible, one that was not controlled by a government, one whose rules were in the hands of those who used it and agreed to accept it under the same conditions no matter who you were.
Thus, by August 2020, Saylor announced the first Bitcoin purchase by MicroStrategy, with a total of 21.454 bitcoins. Since then, MicroStrategy accumulates a total of 25 Bitcoin purchases, with a cumulative total of 130.000 BTC, with a value of more than 2 billion euros. A reserve that rivals even the great whales and exchanges of the crypto world, and one that could quickly become a "digital gold mine" as Saylor's vision is realized: the acceptance of cryptocurrencies as a global form of money. to create a global financial and economic marketplace for businesses and consumers.
The arrival of difficult times
Saylor, on the other hand, has been aware that, despite having one of the greatest BTC wealth in the crypto world, this does not make him one of the richest in the world, and all for a reason, the market must adjust to the uncontrollable situations that have plagued him. The economic effects of the COVID-19 pandemic have yet to be fully felt and the effects of inflation induced by indiscriminate money printing by governments are only beginning to be seen.
In any case, the forecast has been correct, and global markets are beginning to adjust to these realities. In the crypto world, the tension has been such that the markets have gone down, and in the midst of that, Saylor has only bought more and more Bitcoin. From his perspective, the fall of the markets will continue until the adjustments are made, and that will even affect the cryptocurrencies, but he considers that once the recovery begins, they are precisely the ones that will begin their upward march more immediately.
In fact, Saylor foresees that in the next 4 years, Bitcoin could surpass its last ATH (of 65 thousand $ USD) and turn it into its strong price, with which directly, its investment in BTC would mean a great profit for the simple fact to trust and keep your savings in Bitcoin.
A figure at the level of Elon Musk
All this activity of Michael Saylor in the world of cryptocurrencies has led him to have a strong presence in the community. On the Internet, he is often equated with the presence that Elon Musk has within the crypto world, only unlike the CEO of Tesla and SpaceX, Saylor is a more focused person with a more long-term vision.
In any case, Saylor and Musk agree on one thing: technology will continue to radically change our societies. And part of that technology is in cryptocurrencies and all that they can achieve for financially and economically fairer and more decentralized worlds.
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