The Pomp Podcast #716 Bitcoin Is The Best Asset w/ Michael Saylor
02:28:07
MicroStrategy's Initial Bitcoin Purchase
- MicroStrategy initially bought $250M of Bitcoin and offered shareholders a buyback option.
- This signaled their Bitcoin-focused strategy and allowed dissenting shareholders to exit.
Bitcoin's Undiscovered Potential
- Public companies were largely unaware of or ignoring Bitcoin as a treasury asset.
- MicroStrategy's move was rational due to monetary inflation and Bitcoin's potential.
Best-Performing Bond
- MicroStrategy's convertible bond offering was the best-performing bond of 2020.
- This demonstrated the market's increasing acceptance of their Bitcoin strategy.
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Introduction
00:00 • 3min
The Best Business Podcast - Michael Saylor and Anthony Pompliano
03:03 • 3min
Buying Bick Coin With 250 Million Dollars
06:26 • 6min
Is Bick Coin the Primary Currency?
11:57 • 6min
The First Public Company to Buy Bit Coin
17:41 • 2min
The Bitcoin Does Hope Come From?
19:38 • 2min
Is It a Defensive Strategy?
21:18 • 2min
Bonds - The Single Best Performing Bond of the Year 20 20
23:06 • 6min
Inflation Is a Vector
28:40 • 3min
The S and P 500 Index Is Up 34 %.
31:19 • 4min
What Happens to Those People Who Use CPI as the Benchmark?
35:11 • 5min
Is Bitcoin an Asset or a Currency?
39:51 • 6min
The Problem With Gap Accounting
45:24 • 5min
How to Make a Rational Investment Decision?
50:15 • 2min
Is the Corp Business Healthy?
52:37 • 3min
Coin Base, You Know, You've Got With It.
55:55 • 2min
Regulatory Clarity in Cryptocurrency Markets
57:38 • 5min
The Financialization of Bitcoin
01:03:05 • 2min
I Don't Want Your Family to Have Bit Coin?
01:05:01 • 5min
The Increasing Upgrade
01:09:41 • 5min
Ike? Is That Good for the Economy?
01:14:52 • 1min
The US Dollar Is the World's Reserve Currency
01:16:18 • 2min
Micro Strategy
01:18:38 • 2min
I'm Not Against Bonds. We Should Have Bonds, Right?
01:20:47 • 5min
Bitcoin and Politicians
01:25:45 • 4min
Bioin Is the Greatest Brand in the History of the World
01:29:24 • 4min
Is Bihoin Creating an Opportunity?
01:33:14 • 6min
Is There a Spill Over Effect?
01:38:48 • 4min
The Real Power of Bick Coin Is, Bicoin Is Digital Energy
01:43:04 • 6min
Do You Think About Price in Dollar Terms?
01:48:45 • 4min
Is Bicoin More Valuable?
01:52:35 • 3min
The Bicoin Protocol Is a Protocol for Money
01:55:12 • 4min
Is Micro Strategy a Better Investment Than a Corporation?
01:59:01 • 4min
What Are You Thinking About on Days When Amazon Stock Is Down?
02:02:51 • 3min
You're Ther's Pot of Bit Coin at the End
02:06:05 • 2min
Is Bitcoin a Medium of Exchange?
02:08:16 • 5min
The Dollar Must Lose, So Bitcoin Can Win.
02:13:08 • 2min
The Dollar Is the Enemy
02:15:16 • 4min
Why Bicoin?
02:19:16 • 4min
The Community Ethic of Bit Coin
02:22:56 • 5min
Michael Saylor is an entrepreneur and business executive, who co-founded and leads MicroStrategy, a company which provides business intelligence, mobile software, and cloud-based services. He has become well known in the Bitcoin community for using the company's balance sheet to purchase more than $7 billion in bitcoin.
In this conversation, we discuss bitcoin, MicroStrategy’s bitcoin allocation, politics, monetary policy, and how individuals should think about bitcoin.
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