A Digital Wallet for Eight Billion People

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A digital wallet for eight billion people where you can holdaa currency and a property, what currency do they want? They all want the dollar. Every currency outside the united states is crashing. The near term inflation hedge is you swap out your local currency for dollar. But longer term, bit coin,. for you to play devil's advocate for that value. On the other hand, i think it depends on where you live. For example, if you look at to what's going on right now in argentina, the currency's collapsed by 50 % in 12 months. In that case, the killer ap is is like the ability to maintain digital property on your phone and self cussody

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

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