Bitcoin isn't the next tulip craze—that's a lazy take. Michael Saylor breaks down why this narrative completely misses the mark. The reality? Bitcoin has become the go-to asset for sophisticated investors protecting their wealth. It's not about speculation or hype anymore; it's about smart money recognizing a fundamentally different asset class. Unlike historical bubbles driven by irrational exuberance, Bitcoin's adoption follows a clear pattern: institutions, high-net-worth individuals, and macro strategists treating it as digital gold. The comparison to tulips ignores a crucial distinction—one was a perishable commodity with no intrinsic mechanism to preserve value, while Bitcoin is a scarce, programmable, and defensible store of wealth. Saylor's point lands hard: when Google became the search standard, nobody seriously compared it to dot-com bubbles. The same logic applies here. Bitcoin isn't fighting for legitimacy anymore; it's reshaping how wealth gets preserved in the digital age.