Michael Saylor’s Bold Plan: Burn Bitcoin After Death to Boost Value

Michael Saylor, executive chairman of MicroStrategy, has suggested the controversial concept of “burning” the private keys of deceased Bitcoin holders to potentially boost its value over time. In the world of Bitcoin, “burning” refers to the irreversible destruction of coins or private keys, making them permanently inaccessible. Each Bitcoin wallet is protected by a private key, a... source: https://news.shib.io/2025/01/07/michael-saylors-bold-plan-burn-bitcoin-after-death-to-boost-value/?utm_source=rss&utm_medium=rss&utm_campaign=michael-saylors-bold-plan-burn-bitcoin-after-death-to-boost-value