34. Michael Saylor on The Fiat Standard
The Bitcoin Standard Podcast
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Cryptocurrency Is the Hardest Asset in the History of the Human Race
Inside that is a higher quality set of assets, I'm going to call them trophy assets. Their value is based substantially or in part on the discounted value of the future cash flows of the asset. And then in the middle of that is a $10 trillion hardcore of gold, which we'll call non sovereign store of value fungible money. Inside that, the center of the earth is this, isn't this this burning red hot thing at the centers of the planet? That's crypto. There's a trillion dollar crypto fire in the middle of the $500 trillion planet.
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