
The billionaire CEO of Microstrategy, Michael Saylor, Bitcoin’s future. By burning his keys, he’ll contribute to Bitcoin’s scarcity and potentially its value–a kind of systems-level, digital economy variation on the style of end-of-life philanthropy encouraged by Bill Gates and Warren Buffett.
Most other crypto owners, however, are not as altruistic as Saylor. That’s because, for many people, one of the main reasons for buying Bitcoin is to build generational wealth.