You have to admire Michael Saylor for his patience to say the same things every day again and again and again! And yet still I can learn something every time! I just can't get more bullish though!
Agree. And yet I love hearing the same thing over and over again from him. Consistent message. I now look for nuanced changes to his speech. Those are where the real BTC gold is.
Great to see Michael take Rands philosophy of $ and modernize it. His tireless effort in being a teacher and advocate of this globally accessible asset, which is based in freedom and decentralization, is going to be impactful the world over. Years from now I believe Michael will be regarded as one of the greatest and most impactful Titans in the space. His comprehensive, logical, consistent and articulate delivery of these principles is unmatched. Extremely grateful for his free education on this technology. The value of his effort is priceless!
@@Rounddireflash Very much so. Her objectivist philosophy is the foundation within her novels. As such, they are very thought provoking fiction that have real-world value/application. My personal opinion is that she lacked consistency when it comes to applying objectivism to government. I’d characterize her espoused views to be similar to minarchism, which is a contradiction to natural rights/natural law. Overall her philosophy itself was sound. It is just her own inconsistent application of it [in this specific area] that I take exception with. Nevertheless, some very good reading.
"No army in the world can withstand an idea whose time has come." H.G. Wells, celebrated writer and visionary. "Bitcoin is gold 2.0..insuring property rights, using technology and electricity, for the next 1000 years. "M. Saylor, technologist and business visionary. "The higher the truth the simpler the answer." Ralph Waldo Emerson, transcendentalist and literary savant. Thank you Michael and Jennifer for this compelling, full spectrum discussion on bitcoin. Michael, with his calm demeanor and engineering elan, is a lighthouse of knowledge amidst the fog of this fiat confidence game war.
So should I listen to the advice of nameless people on youtube comment sections or of the billionaire astronautical engineer/inventor/science historian/combat pilot who started his company at 24 and maintained his CEO seat for 30+ years..? Hrmn… difficult decision. I have to think this through, I’ll get back to you in seven months.
you should take the idiots on youtubes opinion into consideration at least a tiny bit, but with a GRAIN of salt. but personally i chose to listen to giga chad saylor
Page, with your keen appreciation for M. Saylor's sublime bitcoin logical case and your obvious high intellectual tastes, you must have alot of admirers. Your comment lights the horizon like a Fourth of July bonanza over the Potomoc River at night. Thank you for posting.and sharing worldwide an appreciation for this new monetary paradigm. Dom Perignon cheers.
Every man is ignorant....only in different areas. Listen to people talk about topics that they are experts in. Michael Saylor is definitely an expert on this topic, so I listen to him. Very smart dude.
Cryptocurrency is bringing different revolution in the world economy. Depending on one stream of income had never made any millionaire and earning checks don't put you on Forbes
True! But most people have their reasons of not trading either lack of experience or many others. Over trading not being patient and bad strategies are more reasons why people lose trades
Michael should run for President! He could win that race hands-down with his story telling. First act would be to make Bitcoin become the Fed. 😁 People would march off a cliff for him, he’s so convincing. He’s so bright and could solve the country’s financial problems while sitting on the toilet!
I just watched this again. Twice in a day. This is a must watch. Everyone should understand how inflation works and what the antidote is. Bitcoin & Ethereum
@@ketolifestylekilitinc.5955 Can you guarantee that EIP 1559 will apply 10 years from now? Or even 5 years from now? Ethereum is changing their protocol everyday. You cannot change Bitcoins protocol. Nobody can. When there is incentive for minting new coins, trust me people will do it. This is why you should only trust the true decentralized network .....Bitcoin.
@@ketolifestylekilitinc.5955 There will only ever be 21million Bitcoins ever created. How many Ethers will be created over time????? You cannot answer that question with conviction.
"Just buy a boat." I love that. It's classic genius. Thinking outside the box. It's like that Star Trek episode with Captain Kirk and the Kobayashi Maru. The "no-win scenario." There's always a way to win. #Bitcoin..🧡😊🚀♾️
@@insigniamalignia If they'll steal your money, they'll steal your jewelry. That's why the boat is such a brilliant idea. You can just float away..👏😊 ua-cam.com/video/MEO6gYCFbr0/v-deo.html Christopher Cross - Sailing ⛵
Just writing this for all the people that are viewing this 3 - 5 - 10 years from now... If only you acted/ invested on the back of Michael Saylor's brilliance in 2022!!?
Thank you very much for this informative forecast Ms. Grossman! Does the dollar sign pin you are wearing indicate that according to the American Creed "Green-Money" is the only color Americans should be concerned with? Thank You.
In this instance the symbol of the dollar refers to the philosophy of Objectivism and more generally, I think, to Francisco d'conia's speech about money in Atlas Shrugged. Its a pretty interesting speech, you can find it by Searching "francisco d'aconia money"
If the US depends on the world reserve currency, would it not want to own the crypto markets? Like it does with oil, traded in dollars. Maybe even appreciating the Dollar cause of it?
Human labor is the fundamental resource in this universe, gold doesn’t exist without it, in fact no resource exists without human labor. By digitising the fundamental resource it centralises control and does it fast an orders of magnitude more efficiently.
What are the risks of buying Bitcoin? There must be some potential downsides that he is not addressing. I understand he is highly invested in Bitcoin and has a lot to loose if Bitcoin becomes devalued, therefore he will be a diehard advocate to buy Bitcoin. I'm not understanding how Bitcoin is inflationary proof. And I have some other issues that could make Bitcoin potentially very risky
Completely agree, pretty or not, it is so sad to see women getting sucked into the pressure to paint their faces. she is intelligent, curious and has an inner beauty that one can, sense, but can't actually see.
The dude who was supposed to debate the side of Gold against Michael did no such thing! All he did was say Saylor was wrong... rarely explaining why he thought so. It was Michael explaining Bitcoin and this guy with nothing to say but, Complaining Michael was wrong.
yes we have lot's of great technologies , however there is no proper will to utilise it in decent fashion. Governments are always stand to prevent that to happen , and even heading in oposite direction .
Imagine my shock when a UA-cam channel that shares real, deep, robust knowledge can't even break 1k views in 24 hours with a Saylor interview DURING a Bitcoin bull market. They want our kids dumb and easily controlled.
The pin actually distracted me for too long and put me off. Glad I persisted watching as Jennifer was a good interviewer and Saylor was excellent as usual.
Countries who will accept BTC as legal tender will flourish from increase capital inflows .. Countries who will ban it will suffer .. Their people will suffer .. Their goverments will fall ..
If Saylor believes that governments cannot (and will not) put controls on bitcoin he is deluded. A digital currency must be converted into fiat or it is just 'digital air'. And this conversion will always be subject to state interference. Crypto currencies will show themselves to be no less subject to arbitrary seizure by the state than other assets. The trick is to know which assets to own in which place and at what time.
Because bitcoin is digital and decentralized, it is extremely easy to engage regulatory arbitrage where bitcoin wealth will simply go to the countries that treat bitcoin best.
TIme for crypto community to increase funding of lobbying efforts, to compete with legacy Wall St in persuading senators on any regulation to control BTC and other cryptos....
The Chinese are going to introduce the gold backed digital yuan. It will become the next reserve currency. Being gold backed it will not fail. If I’m wrong,let me know.
@@fannys941 Last time dollar was backed up by gold was 1971, then R.Nixon changed it. It has gone downhill ever since...due moneyprinting over the world, because all cother countrys fallowed the same path.
@@darksalch9488 By definition, currencies are not stores of value but claims on value. Bitcoin however is being promoted by hucksters like Saylor as money. The reason Ayn was a fan of gold is because it was and is the ultimate store of value with no claims attached. Ayn would have seen straight through Mr Saylors falsehoods.
@hazadus3 Saylor repeatedly reminds us bitcoin is not a currency, it's a store of value. It will replace gold because of perfect scarcity, speed and lower costs. Because it's decentralized there's no company behind it like with all the other crypto which all are Ponzi schemes. It is a truly unique, once in a millennium invention that cannot be replicated considering the current adoption level. Rand would have appreciated Satoshi's gift to the world as the ultimate gift with his talents to mankind. Something Rand acknowledged only very few manage succeed in doing. Saylor also points out dollar inflation. You can pay with dollars, have to, but you do not want to store value with those for the long term. He's not a smalltime huckster, he's a billionaire who has remained modest and he doesn't sell bitcoin, just recommends it with nothing but sane and rational arguments, despite being ocassionally poetic. If he'd be a crypto pumper he'd have sold his at 60.000 bucks a pop. He always chooses to HODL. Robert Breedlove has quoted Ayn Rand on money, it's abuses and the essay fits very well into the bitcoin philosophy.
Money is not a fact of nature or some spooky metaphysical reality. Cryptocurrencies are just as imaginary as fiat currencies issued by central banks, and they come from "thin air," just like strikes at a bowling alley. Yuval Harari describes how this works in his book _Sapiens_ .
yes and no. the monetary policy in the Bitcoin protocol is immutable. the same cannot be said for fiat. if enough people believe in bitcoins monetary policy than the fiat one it becomes a self fulfilling prophecy.
You have to admire Michael Saylor for his patience to say the same things every day again and again and again! And yet still I can learn something every time! I just can't get more bullish though!
@@TinyCryptoBlog thank you! :D
He's a natural teacher
Agree. And yet I love hearing the same thing over and over again from him. Consistent message. I now look for nuanced changes to his speech. Those are where the real BTC gold is.
I had the same perception. MS is such a gift to humanity
That's the spirit of a good teacher, the guy is a national treasure, I mean international treasure
Michael frees me of all doubts. His sharp mind is a gift.
True
Great to see Michael take Rands philosophy of $ and modernize it. His tireless effort in being a teacher and advocate of this globally accessible asset, which is based in freedom and decentralization, is going to be impactful the world over. Years from now I believe Michael will be regarded as one of the greatest and most impactful Titans in the space. His comprehensive, logical, consistent and articulate delivery of these principles is unmatched. Extremely grateful for his free education on this technology. The value of his effort is priceless!
Genius.
I agree with you, you said really well.
Does Rand make for some good reading? :)
@@Rounddireflash Very much so. Her objectivist philosophy is the foundation within her novels. As such, they are very thought provoking fiction that have real-world value/application.
My personal opinion is that she lacked consistency when it comes to applying objectivism to government. I’d characterize her espoused views to be similar to minarchism, which is a contradiction to natural rights/natural law.
Overall her philosophy itself was sound. It is just her own inconsistent application of it [in this specific area] that I take exception with. Nevertheless, some very good reading.
Saylor is such a low key intellectual titan.
"No army in the world can withstand an idea whose time has come." H.G. Wells, celebrated writer and visionary.
"Bitcoin is gold 2.0..insuring property rights, using technology and electricity, for the next 1000 years. "M. Saylor, technologist and business visionary.
"The higher the truth the simpler the answer."
Ralph Waldo Emerson, transcendentalist and literary savant.
Thank you Michael and Jennifer for this compelling, full spectrum discussion on bitcoin. Michael, with his calm demeanor and engineering elan, is a lighthouse of knowledge amidst the fog of this fiat confidence game war.
Gj Jennifer getting Michael Saylor on your show! Great interview, thanks a lot!
So should I listen to the advice of nameless people on youtube comment sections or of the billionaire astronautical engineer/inventor/science historian/combat pilot who started his company at 24 and maintained his CEO seat for 30+ years..? Hrmn… difficult decision. I have to think this through, I’ll get back to you in seven months.
you should take the idiots on youtubes opinion into consideration at least a tiny bit, but with a GRAIN of salt. but personally i chose to listen to giga chad saylor
Listen to Saylor
Page, with your keen appreciation for M. Saylor's sublime bitcoin logical case and your obvious high intellectual tastes, you must have alot of admirers. Your comment lights the horizon like a Fourth of July bonanza over the Potomoc River at night. Thank you for posting.and sharing worldwide an appreciation for this new monetary paradigm. Dom Perignon cheers.
Every man is ignorant....only in different areas. Listen to people talk about topics that they are experts in. Michael Saylor is definitely an expert on this topic, so I listen to him. Very smart dude.
😂😂👍😎👌
Cryptocurrency is bringing different revolution in the world economy. Depending on one stream of income had never made any millionaire and earning checks don't put you on Forbes
Bitcoin, stocks and real estate are assets that can make one rich but Bitcoin is most profitable
I used to see Bitcoin trading as a side thing but it has proven to be a major source of passive income ever since I ventured into it.
Crypto/Forex trading and bitcoin are the hope and future for real and determined investors
True! But most people have their reasons of not trading either lack of experience or many others. Over trading not being patient and bad strategies are more reasons why people lose trades
Had the opportunity of securing some good fraction of bitcoin sometimes ago but got discouraged by friends
Michael should run for President! He could win that race hands-down with his story telling. First act would be to make Bitcoin become the Fed. 😁 People would march off a cliff for him, he’s so convincing. He’s so bright and could solve the country’s financial problems while sitting on the toilet!
Deep State will sack him like they did with JFK and even the honest and adorable enfant terrible Trump.
Michael Saylor.....BEAST!!!!!!!
What an amazing conversation, inspired to continue to learn about history and the challenges that came with every single big step in humanity
What a show ..Saylor s perspectives are worth their weight in Bitcoins. Always very interesting and hard to not learn from this man. Thanks guys!
Respect to Michael....which CEO will come and educate the masses... literally none...hats off.
I just watched this again. Twice in a day. This is a must watch. Everyone should understand how inflation works and what the antidote is. Bitcoin & Ethereum
Saylor does not own any Eth. He acknowledges it has its place but nothing bits hard money i.e. BTC.
Ethereum is not a hedge for inflation. It's not scarce and perfectly de-inflationary.
I know what you’re saying but it will in about 2 weeks... EIP 1559 anyone?
@@ketolifestylekilitinc.5955 Can you guarantee that EIP 1559 will apply 10 years from now? Or even 5 years from now? Ethereum is changing their protocol everyday. You cannot change Bitcoins protocol. Nobody can. When there is incentive for minting new coins, trust me people will do it. This is why you should only trust the true decentralized network .....Bitcoin.
@@ketolifestylekilitinc.5955 There will only ever be 21million Bitcoins ever created. How many Ethers will be created over time????? You cannot answer that question with conviction.
"Just buy a boat." I love that. It's classic genius. Thinking outside the box. It's like that Star Trek episode with Captain Kirk and the Kobayashi Maru. The "no-win scenario." There's always a way to win. #Bitcoin..🧡😊🚀♾️
🎯
Or jewelry.
@@insigniamalignia If they'll steal your money, they'll steal your jewelry. That's why the boat is such a brilliant idea. You can just float away..👏😊
ua-cam.com/video/MEO6gYCFbr0/v-deo.html Christopher Cross - Sailing ⛵
Omgosh! Michael Saylor is a genius. Wow! I just want to buy Bitcoin now 🤙
He had a big influence on me too. I am buying like crazy because of him and my own research!
Great interview, great host!
Absolutely brilliant!
I'd trust an engineer over a politician or economist anytime with my life and money. Saylor speaks math and math is truth.
Every time I listen to Saylor I impulsively open Coinbase in a new tab.
that was great I loved it I believe what's he is saying and I am trying to find ways how I can help. so thanks for the information
Michael is a hero !
Amazing stuff! Love the academy! Don’t ever stop it 👍
The point 52:30 in about the cost of education is spot on!
Just writing this for all the people that are viewing this 3 - 5 - 10 years from now...
If only you acted/ invested on the back of Michael Saylor's brilliance in 2022!!?
Thank you very much for this informative forecast Ms. Grossman! Does the dollar sign pin you are wearing indicate that according to the American Creed "Green-Money" is the only color Americans should be concerned with? Thank You.
In this instance the symbol of the dollar refers to the philosophy of Objectivism and more generally, I think, to Francisco d'conia's speech about money in Atlas Shrugged. Its a pretty interesting speech, you can find it by Searching "francisco d'aconia money"
I sold my PAXG for BTC
This is the way
Be cheerful ❤️
Yea that’s one lesson I need to take from Saylor. You don’t win over hearts and minds with negativity
Hope Michael's health is OK. I notice he always coughing or gasping for air in his interviews
God bless him.
He was clearly ill yet gave his all for this longish interview.
He forgot "Health is Wealth"
He does a lot of interviews
@@believer7280 I've seen it almost every interview in the last 8 to 12 months and I think I watch all of them....lol
He is yawning. When a brain is working hard it needs oxygen.
If the US depends on the world reserve currency, would it not want to own the crypto markets? Like it does with oil, traded in dollars. Maybe even appreciating the Dollar cause of it?
Human labor is the fundamental resource in this universe, gold doesn’t exist without it, in fact no resource exists without human labor. By digitising the fundamental resource it centralises control and does it fast an orders of magnitude more efficiently.
Love it.
The more you learn the most you know
What are the risks of buying Bitcoin? There must be some potential downsides that he is not addressing. I understand he is highly invested in Bitcoin and has a lot to loose if Bitcoin becomes devalued, therefore he will be a diehard advocate to buy Bitcoin. I'm not understanding how Bitcoin is inflationary proof. And I have some other issues that could make Bitcoin potentially very risky
How do we rebuild after the collapse?
Michael Saylor and Ray Dalio need to do one of these...
She’s dripping for the Giga Chad
Satoshi kicked it off, and Saylor keeps scoring.
The filter on your face is distracting and your pretty enough to not need it. The interviews are great! Thanks!
Completely agree, pretty or not, it is so sad to see women getting sucked into the pressure to paint their faces. she is intelligent, curious and has an inner beauty that one can, sense, but can't actually see.
This is like an Obi Wan Kenobi lesson
The dude who was supposed to debate the side of Gold against Michael did no such thing! All he did was say Saylor was wrong... rarely explaining why he thought so. It was Michael explaining Bitcoin and this guy with nothing to say but, Complaining Michael was wrong.
"The dude who was supposed to debate the side of Gold against Michael did no such thing!"
Who was that??
@@ggrthemostgodless8713 Frank Giustra
@@ggrthemostgodless8713 ua-cam.com/video/coHC_9ApBdg/v-deo.html
yes we have lot's of great technologies , however there is no proper will to utilise it in decent fashion. Governments are always stand to prevent that to happen , and even heading in oposite direction .
By January of 2022 Bitcoin will be at 150.000$ and Ethereum at 25.000$, in my opinion there is no doubt about it!
Imagine my shock when a UA-cam channel that shares real, deep, robust knowledge can't even break 1k views in 24 hours with a Saylor interview DURING a Bitcoin bull market.
They want our kids dumb and easily controlled.
Exactly.
The total dematerialization of books sounds like a nightmare to me. Hence the word total
Knew this guy played DND.
Geek at heart! Most of his interests seem right up my ally, sci fi. It's just that I am not beta enough to get physics.
Does Michael actually cough?
Altas Society please get a better microphone
Off topic, that is one big 'n blingy $ pin - why not a big orange bitcoin symbol?
The pin actually distracted me for too long and put me off.
Glad I persisted watching as Jennifer was a good interviewer and Saylor was excellent as usual.
The best sell is that it isn’t that crypto is so wonderful but fiat currency that is so awful.
Countries who will accept BTC as legal tender will flourish from increase capital inflows .. Countries who will ban it will suffer .. Their people will suffer .. Their goverments will fall ..
Every one above 3 will have a device... hope he meant above 3 years and not 3 months....LOL
If Saylor believes that governments cannot (and will not) put controls on bitcoin he is deluded. A digital currency must be converted into fiat or it is just 'digital air'. And this conversion will always be subject to state interference. Crypto currencies will show themselves to be no less subject to arbitrary seizure by the state than other assets. The trick is to know which assets to own in which place and at what time.
Because bitcoin is digital and decentralized, it is extremely easy to engage regulatory arbitrage where bitcoin wealth will simply go to the countries that treat bitcoin best.
Here in the UK the banks don't like it and won't accept incoming payments from the likes of Coinbase.
The wizard
WHY are you wearing a "$" shirt, dont you know the dollar is worthless, so is ALL other fiat currencies.
Bitcoin legend 🚀💪🏼
LOL. I have a bridge to sell this guy.
TIme for crypto community to increase funding of lobbying efforts, to compete with legacy Wall St in persuading senators on any regulation to control BTC and other cryptos....
The Chinese are going to introduce the gold backed digital yuan. It will become the next reserve currency. Being gold backed it will not fail. If I’m wrong,let me know.
Gold has failed already backing the US dollar, what make you think it will succed in China?
You sir are correct in your assessment … soon I will liquidate all my assets and go all in
@@leafamania1 All in BTC ?
gold is done dude. we are looking at going to Mars and I'll bet 21 million bitcoin we won't bringing gold along for the ride.
@@fannys941 Last time dollar was backed up by gold was 1971, then R.Nixon changed it. It has gone downhill ever since...due moneyprinting over the world, because all cother countrys fallowed the same path.
It doesn´t make sense, he has no idea of economy
He makes perfect sense to me and reveals thorough economical insight in his interviews. What didn't make sense to you?
Ayn rand was a gold bug, she would find this crypto currency pumper despicable.
It was a 100 years ago. Of course she was a gold bug.
@@darksalch9488 By definition, currencies are not stores of value but claims on value. Bitcoin however is being promoted by hucksters like Saylor as money. The reason Ayn was a fan of gold is because it was and is the ultimate store of value with no claims attached. Ayn would have seen straight through Mr Saylors falsehoods.
@hazadus3
Saylor repeatedly reminds us bitcoin is not a currency, it's a store of value. It will replace gold because of perfect scarcity, speed and lower costs. Because it's decentralized there's no company behind it like with all the other crypto which all are Ponzi schemes. It is a truly unique, once in a millennium invention that cannot be replicated considering the current adoption level. Rand would have appreciated Satoshi's gift to the world as the ultimate gift with his talents to mankind. Something Rand acknowledged only very few manage succeed in doing.
Saylor also points out dollar inflation. You can pay with dollars, have to, but you do not want to store value with those for the long term. He's not a smalltime huckster, he's a billionaire who has remained modest and he doesn't sell bitcoin, just recommends it with nothing but sane and rational arguments, despite being ocassionally poetic. If he'd be a crypto pumper he'd have sold his at 60.000 bucks a pop. He always chooses to HODL.
Robert Breedlove has quoted Ayn Rand on money, it's abuses and the essay fits very well into the bitcoin philosophy.
Money is not a fact of nature or some spooky metaphysical reality. Cryptocurrencies are just as imaginary as fiat currencies issued by central banks, and they come from "thin air," just like strikes at a bowling alley. Yuval Harari describes how this works in his book _Sapiens_ .
yes and no. the monetary policy in the Bitcoin protocol is immutable. the same cannot be said for fiat. if enough people believe in bitcoins monetary policy than the fiat one it becomes a self fulfilling prophecy.