Moonshots with Peter Diamandis

The Future of Bitcoin w/ Michael Saylor (2024) | EP #92

61 snips
Mar 26, 2024
Michael Saylor, co-founder and former CEO of MicroStrategy, shares insights on why he believes Bitcoin will stand the test of time. He discusses Bitcoin as the ultimate store of value and its transformative potential against traditional assets like gold. Saylor delves into effective investment strategies tailored to economic climates and the importance of self-custody. He emphasizes the ethical advantages of Bitcoin over other cryptocurrencies and highlights societal shifts in perception, framing Bitcoin as a beacon of hope amid financial volatility.
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INSIGHT

Sound Money & Abundance

  • Sound money is essential for a functioning economy and abundance.
  • When money is scarce, everything else becomes abundant because trade and specialization flourish.
ANECDOTE

Saylor's Personal Bitcoin Investment

  • Michael Saylor invested $175 million of his own money in Bitcoin before MicroStrategy did.
  • It took him 6 weeks to decide after studying Bitcoin.
ANECDOTE

Convincing the Board

  • To convince his board, Saylor curated Bitcoin videos and articles.
  • He then held individual meetings followed by group discussions and committee studies.
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