CoinDesk Podcast Network BITCOIN SEASON 2: Michael Saylor Wants You to Go Into Debt to Buy Bitcoin (Plus, BTC Mortgages)
Jun 28, 2025
The discussion kicks off with Michael Saylor's bold suggestion that people should go into debt to buy Bitcoin, sparking some serious skepticism. The episode dives into the ramifications of treating Bitcoin as an asset for mortgage applications, thanks to new regulatory directives. Another highlight is the unveiling of a Bitcoin-native stablecoin, along with playful insights into a quirky on-chain game rewarding community engagement. With Tether shifting strategies, the hosts explore the evolving role of stablecoins in the crypto ecosystem.
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Saylor’s Risky Leverage Advice
- Michael Saylor advises taking on debt and leverage, even from family, to buy Bitcoin aggressively.
- This strategy is risky and unrealistic for most people outside billionaire status or large corporations.
Bitcoin’s Dual Financial Roles
- The financialization of Bitcoin contrasts with the hyper-Bitcoinization of financial markets.
- Allowing crypto as mortgage assets bridges Bitcoin's role in traditional finance.
A Stressful Credit Card Bitcoin Play
- Colin Harper shares how he used 0% interest credit cards to buy Bitcoin but found it stressful.
- Timing was crucial for success, and now rising rates make this strategy less feasible.