Bitcoin's Evolving Narratives: Saylor Sees Digital Property for Value Storage, While Some Tout Payments Use

MicroStrategy CEO Michael Saylor argues Bitcoin should be seen as "digital property" for "capital preservation," not a currency for payments.

Saylor believes using Bitcoin for payments is a distraction and its main use case is storing value, competing with assets like gold.

The Bitcoin community responds saying Bitcoin is actually the best medium of exchange, used for payments daily by many worldwide.

There's debate whether payments vs store of value should be Bitcoin's main narrative and use case.

The shift shows a new type of Bitcoin investor like Saylor emerging, who see their own specific use cases, differing from early adopter narratives.