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#161 with Michael Saylor - Why Michael Saylor Believes Bitcoin is Hope
My First Million
Is the Money Supply Expanding?
If the money supply is expanding 20 % a year, you need to own assets. No one's going to invest in any project that doesn't generate more than the 20%. You have to be a monopoly. So it becomes expedentially harder to grow. And so what happens next? All these other cumpes gs get squeezed out of the ecosystem right there. They get decapitalized and rendered insolvent by by the monetory policy. If i can get my my stock was a hundred and 20 dollars a share, what is it right now? Like a, i've bet checked in the market, 68. I guess it.
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