Tom Bilyeu's Impact Theory Michael Saylor on The Bitcoin Revolution: Why Bitcoin at $13 Million Is Inevitable and Will Dominate the Global Economy | PT 2
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Dec 18, 2024 
In this engaging discussion, Michael Saylor, executive chairman of MicroStrategy and a leading Bitcoin advocate, unpacks Bitcoin’s transformative potential beyond a simple currency. He highlights how inflation erodes wealth and predicts Bitcoin could soar to $13 million. Saylor addresses the threats posed by quantum computing and emphasizes Bitcoin's adaptability. He shares insights on its role in combating economic crises and the U.S.'s chance to lead a crypto renaissance. Additionally, he stresses the paradigm shift from gold to Bitcoin as the future of capital investment.
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Quantum Computing and Bitcoin Mining
- Powerful computers would be used to mine Bitcoin, increasing network security.
- Cracking cryptography would be a bigger threat to existing networks than to Bitcoin itself.
Quantum Threat as Marketing Ploy
- Current quantum computing news is hype, driven by marketing for quantum-resistant tokens.
- A true quantum threat would necessitate a global effort to upgrade cryptography, not abandoning Bitcoin.
Civilizational Threat of Cracked Cryptography
- A computer cracking cryptography would break civilization, requiring a global cryptography upgrade.
- Bitcoin's protocol can be upgraded like software, not abandoned like math or language.