The Iced Coffee Hour

“THE US DOLLAR IS COLLAPSING!” Michael Saylor on The Future of Bitcoin, Money, and Freedom

44 snips
Jun 2, 2024
Expert in Bitcoin, money, and freedom, Michael Saylor, discusses the collapse of the US dollar and the future of Bitcoin. Topics include spotting new trends, thoughts on AI, Bitcoin's usefulness, pros and cons of Bitcoin, government regulation of crypto, and the longevity of Bitcoin.
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ANECDOTE

Michael Saylor's Background

  • Michael Saylor's background includes engineering, tech investing, and running MicroStrategy.
  • He studied at MIT and invested early in companies like Amazon, Apple, Google, and Facebook.
ANECDOTE

MicroStrategy's Bitcoin Investment

  • In 2020, MicroStrategy had $500 million in cash earning zero interest.
  • Saylor saw an opportunity in Bitcoin as a treasury reserve asset.
INSIGHT

Spotting Innovation

  • Saylor's interest in science fiction and history of science shaped his view on paradigm shifts.
  • He believes major shifts happen when the old guard dies or during times of crisis.
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