In a segment, Fox News commentator Lara Trump —wife of Eric Trump, the son of US President Donald Trump—sat down with Michael Saylor to discuss the increasingly significant role of Bitcoin in the world financial ecosystem. Often referred to as a “Bitcoin evangelist,” Saylor shared his initial doubts about BTC, explained why he ultimately decided to invest in it as digital gold, and outlined how broader acceptance could transform economic structures, both domestically and abroad.
Lara Trump Engages with Bitcoin Advocate Saylor
Throughout the conversation, Saylor recounted how he first encountered Bitcoin in 2013, viewing it as “an oddity.” However, it wasn’t until 2020—during what he termed an “existential crisis” at his firm—that he turned to Bitcoin as a strategy to safeguard and possibly amplify corporate wealth.
Articulating his thoughts, Saylor remarked: “I came to the conclusion that I was either facing a quick demise or a prolonged decline, or I had to take a chance and revamp the business. Hence, we searched for something akin to digital gold that could be added to our company’s balance sheet to secure our future.”
Although MicroStrategy is mainly known for enterprise analytics software, Saylor pivoted towards a Bitcoin strategy amid an era of rising uncertainty in the global markets. He asserted that this shift was rooted in the belief that the traditional fiat financial system lacked adequate safeguards against economic disruptions.
A considerable part of the conversation focused on why Saylor perceives Bitcoin as a rational advancement over physical gold. He emphasized the asset’s limited supply—capped at 21 million coins—its ease of transfer, and ownership verifiability via decentralized networks: “How do you enhance gold? You digitize it so that I can transfer it from New York to Tokyo in a few minutes. […] There are only 21 million bitcoins—21 million eternally. You can carry it with you. No one can take it away.”
Saylor contended that Bitcoin operates less as a speculative asset and more as a savings mechanism—similar to placing money in a bank, but without third parties who can freeze or restrict access to funds. “What if you simply wanted to secure your life savings in a digital bank that guarantees it will never freeze your funds, one that operates on incorruptible software rather than human management?” he challenged.
He described the inception of Bitcoin by the anonymous Satoshi Nakamoto as “a response to the significant financial crisis” of 2008–2009, during which confidence in traditional banking and government-backed currencies diminished. This historical backdrop informs Saylor’s belief that Bitcoin, unlike prior efforts at digital currencies, has successfully positioned itself as “sovereign money” independent of any singular authority or government.
At one point, Lara Trump inquired how Saylor distinguished Bitcoin from the multitude of alternative cryptocurrencies. Saylor observed: “When I began my search for digital gold, I encountered 10,000 different crypto networks. […] Which one emerges victorious? Which one is safe? […] The largest, most valuable one appears to be Bitcoin. Has it been replicated? Can it be replicated? Well, it’s been copied 10,000 times, and all those attempts have failed.”
According to Saylor, Bitcoin’s dominance in the market and its transparent monetary policy render it the “secure choice.” He also pointed out the pivotal moment when its creator, Nakamoto, seemingly vanished, forfeiting any claim to control or ownership. As Saylor put it, “It is my gift. It is sovereign money.”
Saylor’s participation in the White House Crypto Summit was also a highlight of the interview. He underscored the summit’s significance in shaping US policy toward embracing emerging digital asset technologies: “To restore America’s greatness, we need to engage in creativity, imagination, innovation, and inspiration. […] This administration […] holds a belief that we can grow and innovate our way to an improved world. We can develop digital tokens that 40 million businesses can issue overnight, potentially raising 10 trillion dollars for capital creation and innovation.”
Discussing the Strategic Bitcoin Reserve directive from President Trump, Saylor remarked: “Should the US government choose to maintain it in a strategic reserve, America stands to gain.” He also advocated for establishing clear legal frameworks for US firms to issue digital tokens, digital securities, and digital currencies, asserting that such regulations would position the United States as “the bankers of the world.”
When asked what advice he would offer President Trump regarding the crypto sector, Saylor acknowledged that the former President had already “taken the first step” by “recognizing Bitcoin as a store of value, as digital gold.” However, Saylor seeks further federal support: “The second step is to back the establishment of a legitimate path in law for issuers in the United States to create digital tokens, digital securities, and digital currencies.”
Envisioning the future five, ten, or even a hundred years from now, Saylor expressed confidence that major tech companies—Apple, Google, Microsoft, Amazon—will incorporate Bitcoin custody and transactional features into their applications and services. He predicted: “I believe banks will embrace Bitcoin […] Families will increasingly perceive it as their savings account. Local businesses such as yoga studios, restaurants, and hotel chains will find the means to raise capital to enhance their operations and innovate.”
As of the latest update, BTC was trading at $83,226.
Featured image created using DALL.E, chart sourced from TradingView.com
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