People who studied the iphone for like two hours, we say, oh, it looks like an expensive phone, but eventually it'll get manufactured and commoditized. But i think in general, you see that with all new technology, right? People are dismissive of it. How many people underestimatedn the potential of a utube type thing, right? Most people. When google bought you two, erady thought they overpaid. They paid somewhat like a billion dollars for a company with no revenue or something. And well, you so work et you two. Probably one of the best investments of old time now, eh, apart from teole investment in bit con.
Michael Saylor joins the podcast to discuss:
- Bitcoin's killer app
- Thoughts on Ethereum & ethics
- Impact of inflation
- Adding bitcoin into objects & magic cars
- What would change his opinion on Bitcoin?
- Advice on progressing in your career
For the full Saylor experience, watch on YouTube:
https://youtu.be/B1PI7BCjopk
Timestamps:
- (00:00:00) Intro
- (00:00:17) Michael Saylor went to MIT with Peter Diamandis
- (00:01:47) Knowing Enough To Hurt Yourself
- (00:05:36) Misunderstanding What Bitcoin Is + What Is Money?
- (00:12:14) Bitcoin’s Killer App, iPhone Comparison & Layers of Bitcoin
- (00:20:57) Magic car that drives itself & life insurance
- (00:28:22) Stablecoins vs Bitcoin in the developing world
- (00:36:01) Sri Lanka riots, inflation & how to crash an economy
- (00:38:38) What would make Saylor change his opinion on Bitcoin?
- (00:45:10) Talent working on Bitcoin vs ethereum and others
- (00:50:34) Michael Saylor's take on Ethereum & its ethics
- (00:55:34) “What's the yield schedule on staked ETH?…”
- (00:57:42) Bilal challenges ETH POV & evolving technology
- (01:08:43) Advice on starting your career in the modern world
- (01:14:21) The theme & cure for everything
- (01:18:00) Is Bitcoin stored or spent energy?
- (01:23:07) Virtual vs Real Systems
What Is Not Investment Advice?
Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.
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