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Is Saylor building his own central bank?

His Bitcoin MENA keynote mapped out something far bigger than balance sheet accumulation. He described a full monetary engine built on bitcoin reserves, corporate credit and synthetic digital dollars.

Here is how it works and why it matters in my latest Forbes piece.

https://www.forbes.com/sites/digital-assets/2025/12/11/saylors-plan-to-build-a-bitcoin-powered-shadow-central-bank/

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Why does Saylor still conflate "money" and "currency"? He talks about creating a centrally-issued, trusted, censorable token backed by Bitcoin in a treasury. He calls it "digital money". That's not money, it's currency. Next stop: fractional reserves.

CitizenPedro · 10w

Another incredible move by Saylor. Incredible really.

Great article. Well-written and it's great to see non-AI content still being created.

Chad Lupkes · 10w

The way this is being described, he's thinking in ways that parallel fractional reserve banking. Creating illusions on top of credit layers, and honestly destroying the entire ethos of Bitcoin. I really, REALLY, don't like that.