If you're going to invest money your reputation oror your life savings, you probably ought to really, really focus on that. I'vet spent thousands of hours thinking about rocket propulsion technology break throughs in the last decade. So i think that the lesson you learn is probably better to stay in your lane. And you shouldn't be cavalier or nonchalant, becaus it's really easy to make mistakes to day completely.
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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