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MicroStrategy's Saylor highlights 300 years of fiat failures to pitch Bitcoin as a lasting digital asset.

Market News
17 Jul 2026
BeInCrypto
View Source
Bullish
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Michael Saylor, chairman of MicroStrategy, uses River's data on 60+ fiat currencies over 300 years to argue Bitcoin's superiority. The average fiat currency lasts only 27 years and loses most of its purchasing power, while Bitcoin is designed to be scarce and resilient. Despite Bitcoin's recent price drop, Saylor sees it as a foundation for a new financial system based on digital capital. River also notes most cryptocurrencies fail quickly, reinforcing Bitcoin's unique design to outlast fiat money.

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