He’s said it on stage, in podcasts, on X, and repeated it for months. Strategy (formerly MicroStrategy) founder Michael Saylor doesn’t believe bitcoin (BTC) is digital money.

Digital money, a new phrase that joins his dozens of other invented terms, doesn’t seem to exist yet to any meaningful degree, in Saylor’s opinion.

Despite millennia of gold money, centuries of paper money, decades of fiat money, and years of digital fiat money — not to mention BTC’s 17 year history– humanity is still waiting for digital money.

BTC isn’t digital money but merely “the basis of digital money,” Saylor explained recently.

Unlike BTC, which Saylor defines as digital capital, digital money will apparently derive from BTC-collateralized digital credit.

...read more at protos.com