Forward Guidance cover image

Is The U.S. Entering A Golden Age Of Capitalism? | Dan Tapiero

Forward Guidance

00:00

MicroStrategy's Bitcoin Strategy

  • MicroStrategy's bold move involves borrowing fiat currency and investing it in Bitcoin.
  • This strategy leverages the unlimited supply of fiat money against the finite supply of Bitcoin.
  • It's an elegant way to exploit the scarcity and growing importance of Bitcoin.
  • The valuation of MicroStrategy as a non-operating business is debatable, but the underlying principle of supply-demand mismatch is sound.
  • The potential for it to become an operating business once it accumulates significant Bitcoin holdings is uncertain.
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Best podcast app
JD Stuart
App Store
I’ve been using Snipd for about a year and this app has been life changing. I listen to about 17 hours of podcasts a week and I want to take notes on 95% of them. Snipd makes it so easy to do. I can triple click my headphones and record a snip. The app also improves rapidly which is welcomed. It’s an easy subscription for me to pay.
🤯 How amazing is this app?!
Sophie
App Store
Snipd helps me keep track of everything I resonated with from a show. I can always find my snips, listen to them again, share them. And there are so many great product updates regularly! Like the feature to chat with the episode: I can retrieve even more knowledge from an episode 🥹 I’m in love with this app 🤍