Michael Saylor: Bitcoin Is the Highest Form of Capital Ever Discovered!

In a May 1 interview with Peter McCormack, Strategy founder Michael Saylor made his most sweeping case yet for Bitcoin's role in the global economy — calling it the "highest form of capital" humanity has ever discovered, a digital expression of economic scarcity that no prior asset class can match.

Saylor's argument rests on a structural critique of capital storage: without a reliable way to preserve value across time, societies cannot make long-term investments or build durable institutions. Gold served that function for centuries as the most portable, scarce store of value — but in Saylor's view, its physical nature makes it too slow and cumbersome for the velocity of modern global trade.

Bitcoin, by contrast, moves large amounts of capital efficiently and reliably across borders at digital speed. Where gold required armored vaults and settlement delays, Bitcoin settles with…