A fascinating discussion has recently erupted around the role of Bitcoin in a world dominated by artificial intelligence. Michael Saylor, known for being an aggressive supporter of Bitcoin, engaged in a conversation with Chamath Palihapitiya, former head of Meta, who raised the question: what will happen to traditional assets when AI becomes faster than anyone expected?

Palihapitiya suggests a scenario where companies' competitive advantages could quickly evaporate — potentially leading to a 30-40 percent drop in stock valuations. If that happens, investors' capital will seek refuge. And here comes Saylor with his perspective.

According to Saylor, Bitcoin should serve as something like digital capital — assets resistant to technological shocks. Michael Saylor claims that the limited supply and decentralized nature of Bitcoin make it attractive to investors seeking security during times of transformation. When traditional assets are exposed to rapid technological changes, Bitcoin — as an asset independent of these changes — could become a safe haven.

Of course, Palihapitiya also raises more futuristic concerns — quantum computers could potentially threaten cryptographic systems. Saylor responds that if such a problem were to actually arise, it would affect not only Bitcoin but the entire digital infrastructure — banks, the internet, AI platforms. Then the entire technology would need to be rebuilt, not just crypto.

Michael Saylor thus sees Bitcoin not as a speculative asset, but as a kind of insurance in a world where AI will increasingly influence traditional sectors. Is he right? It depends on how AI will truly change the landscape of business competition. But Saylor’s observation of Bitcoin as digital capital is worth considering in the context of current transformations.