5min chapter

Coin Stories with Natalie Brunell cover image

Michael Saylor on Bitcoin Volatility, Terra/Luna Meltdown, Market Selloff and more

Coin Stories with Natalie Brunell

CHAPTER

Why Do You Need to Buy a Bick Coin?

The money expansion rate is the discount rate. And our view there is, if you have a set of cash floes for the next decade, and if the money supply expands at 15 % a year, then you have to discount the cash flows 15%. So we, in essence, mortgage the company because we could borrow cheap so it would be almost impossible to raise that money now. The only thing that really matters is how much bicoin do you have at the end of the day? You're buying one 21 millionth of all the energy in the net forever.

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