The Jordan B. Peterson Podcast

554. What One Billionaire Knows About Outlasting a Dollar Collapse | Michael Saylor

279 snips
Jun 9, 2025
Michael Saylor, Chairman and co-founder of MicroStrategy, is a Bitcoin advocate and visionary in the tech industry. He discusses the evolving relationship between the U.S. government and Bitcoin, along with Donald Trump’s recognition of cryptocurrency. Saylor shares insights on navigating tech monopolies and how childhood influences shaped his investment strategies. He also delves into the economic implications of Bitcoin, its potential as a remedy for currency collapse, and the transformative power it may hold for future financial systems.
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ANECDOTE

Saylor's Midlife Plateau Story

  • Michael Saylor describes hitting a plateau in business growth and feeling frustrated at 55 years old.
  • He sought a new transformative opportunity rather than retiring quietly.
INSIGHT

Gold's Imperfect Store Value

  • Gold is not perfect money because of its 2% annual inflation from mining expansion.
  • Over 100 years, your gold's value halves thrice, leaving about 12.5% of its original value.
INSIGHT

Dollar's Century-Long Collapse

  • Even the best 20th-century currency, the U.S. dollar, lost 99.9% of its value over 100 years.
  • This reflects a real inflation rate near 7% annually, a massive erosion of money's value.
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