How Bitcoin Could FAIL | Michael Saylor
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- Опубликовано: 11 июн 2024
- Video From ► “THE US DOLLAR IS COLLAPSING!” Michael Saylor on The Future of Bitcoin, Money, and Freedom
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Tons of scammers on comments. BEWARE.
No- the scammers are in a guilded room telling us what to think...
@@houseboatinthem is the aristocratic scammers. The small time scammers are still a thing.
Nigrian wonga wonga scammers flooding youtube comments 😂😂
The two boys on the right look like they didn't understand anything the old man just said 🤣🤣
😂😂😂
Would you let them into your house, if you were Saylor??? "Now go wash my cars, boys!" lol
Was thinking the same.....😂 But what did Taylor say about the room with the billionaires and one random dude coming in with *inaudible*... ????
Well explained. Thanks for bringing up the video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject…
Trading in Bitcoin now is the wisest thing to do now especially beginner....
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
Honestly I really need help learning to trade. Seeing my portfolio low makes me very sad.
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?
many professional finance people say that BTC and all Cryptos share the same value build as a Pyramid scheme. What gives it value is everyone else buying but the moment every sells it is worthless.
Michael Saylor's message is always positive. Your click bait titles are not. Just having his image in the thumbnail gets the attention of people in the know so negative hype is not necessary. The complete interview was one of his best. He just gets better and better.
Since so many financial institutions have bought into Bitcoin especially Blackrock I can’t see it ever going bust or anything negative in regards to massive price dropping ever happening.
I'm good. Slow and steady index funds before even messing with coins.
The full interview is great. But you are ruining it with a clickbait and misleading title on this clip. Come on guys
Michael Saylor is unique and unparalleled. He delivers rich content at all times.
i'm glad that Saylor will interview eeven with guys like this with no credibility...because he gets the truth out no matter who the interviewer is.... YOU GO MICHAEL SAYLOR
what credibility do you need to speak with Saylor? wtf are you on about?
It is sooo refreshing to listen to someone talk for 12 minutes.... and not disagree once with them.....
I really appreciate the dedication in each video you post. Regardless of how bad it gets on the economy, I still thank you for the level-headed financial advice. I started crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much Elizabeth Wesley
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
YES!!! That's exactly her name (Elizabeth Wesley) so many people have recommended highly about her and am just starting with her from New Jersey🇺🇸
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
I'm new at this, please how can I reach her?
The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.
Where can I get that Bitcoin shirt Michael saylor is wearing?
Shocking they have to censor out a reference to a firearm on RUclips yet it’s fair game everywhere else, movies, TV, gaming, evening news etc…..
Couldn't these guys read a book about bitcoin before interviewing Michael Saylor? The quality of questions is embarrassing.
true
Super embarrassing. Didn’t even get through this whole clip because of that. Example at 3:01 “so just to clarify there’s a place where they have all this hardware and data and I’m guessing no one knows where it is?” Come on dude, that’s a level 0 question and shows extreme unpreparedness for this interview.
@@motopolak soooo cringe
It’s a great idea except no one is really using it as money…it’s an asset based on an idea that is not happening.
lol dude the interviewer really didn’t know how bitcoin works? 😂 he really thought people just hid the mining hardware so people can’t find it?? 🤡🤡
So what? He's the interiewER not the interviewEE. Interviewing someone is a good way to learn things. Why do you feel he should have learned it using another method?
@@StuffBudDuz if your job is to interview guests on a podcast and you get paid a lot to do it (as this kid does) then you should show up minimally prepared. Not knowing the basics about how Bitcoin mining works is just laziness.
Would be awesome to see Michael Saylor debate XRP with someone like Digital Asset Investor or Digital Perspectives
Hey Michael, how does Bitcoin fail again?………….
.” strategery “
What number of BTC do i own?
Humorous he knows CIA made Bitcoin program, give it a rest...
they didn't it doesn't matter if it was......the miners control bitcoin that means me you and everyone else china tried to stop it and got their cheeks clapped stop being soo ignorant it shows. Go watch bitcoin universities channel and learn.
He is a smart guy! If he knows the secret he won't tell it to us. But to good friends....possibly to Elon Musk. (They are friends or?)
.... But when he knows the USA created Bitcoin then he knows the reason for what?
Inflation destroy FIAT money while inflation help create value in assets Bitcoin is an asset against inflation
Very smart
Him: no one has enough computing power to hack bitcoin.
Physicists who are working on making quantum computers: hold my beer.
It's not about (just) computing power...educate yourself on decentralization
@@jeidmann it can be hacked if you have over 50% of the world’s computing power.
@@alphaglucopyranose6928 Which no one will EVER 🙄
This is not a threat because the BTC network will in that case switch to quantum algorithms as well.
What were the pre-BTC attempts?
Wasen't there something called Bean. Or something.. my memory is broken
Micahel is a Genius ❤❤❤
What a brilliant mind, he is Satoshi Nakamoto IMO
Cant go zero because I and many other will buy it all at low prices
And get suckered out of your cash
@@paulandrew9369your cash is losing value daily.
@@paulandrew9369the cash you own today will be less valuable in less than 24 hours due to inflation
How many NFT do you own😂😂
supply and demand is a beautiful thing.
Isn't there essentially a large pool if Bitcoin that have been lost throughout the years. This pool should create a layer line that bitcoin could never go below. I would guess something like 10k. If those can't ever be sold then technically we shouldn't ever be able to go below that.
Estimated 4-5 million BTC lost as of 2024. So yes, total actual supply is much lower than 21 mil.
The dude in white top is in in la-la land.🤣
Hey, you guys should start supporting local coffee shops. Starbucks is absolutely garbage. You guys can do so much better
Second that
Ripple was there first
invest In STX
Can someone please explain what he means by decentralized because from what I have researched wouldn't a ultra wealth corporation or government just take all the mining companies and manipulate them to their own will so how can it be decentralized?
The nodes - the computers where the database is stored - are all over the world and anyone can run one. You can run a bitcoin node if you have 600 GB free disk space on your laptop. If a change is made to the bitcoin protocol (people always suggest changes) it can only be "enforced" if at leas 50% of the nodes voluntarily install that update. So most participants in the network must agree. With mining is the same - anyone can mine but in order to be profitable you need very cheap energy. So it's like an internet inside the internet where the units stored and exchanged are whatever you want them to be - we voluntarily assign them the meaning of "money" or "digital gold" - it's a freedom play like "go fu..k yourself! for me this us money. say it ain't so". since it's so hard (impossible) to hack it we ascribe the value of money to it because that would be the best usecase for such an incorruptible database
If it's that easy, how come it hasn't happened yet? One entity would have to buy or build billions of dollars worth of very specialized mining devices that just do one thing, run sha-256 hash. If this actually happened, the consensus nodes could change the algorithm to run sha-512 or another hash. Thus make ming all the original mining machines obsolete and that entity out billions.
Game theory
@@gmckean7 they can buy off the companies mining bitcoin through shares or just buy them right off
@@russv.winkle8764 I get that but the mining part is what gets me you need to be really wealthy just to have a share of bitcoin network and when it comes the fees the more the price grows the higher the fees get unless you use a layer 2 but even then that removes the purpose of original point on bitcoin
Call me old-fasioned folks but you could ask Michael for porcelain cups to not expose those big paper ones between his antiques.
Its about trust., Saylor doesn't trust the institutions ,assets or even himself to protect his wealth. He wants bitcoin to have all these built in automatic mechanisms to protect his wealth.
Now the question is how many other people don't trust.
I definitely think it will be hacked....and is already being manipulated
#kas may supersede it
Good you school them saylor
Bitcoin mining hasn't always been done by asic.
It started out being mined on cpu's then gpu's and then asic's. Some was mined using fpga's but I don't think those ever became commonplace.
This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Celia dullpher
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading.
How can someone know a professional broker when legit once are hard to find this days
She's recognized as 'Mrs Celia dullpher . One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent, and have strong hands to back it up.
Saylor Rules ! Oi Oi Saylor 😊
like watching a genius or a master schooling a couple of immature minds. they demonstrate the need for more information and the master patiently explains the truth to them. you gota love michael Saylor
They are good questions for many - who do not really know or trust BTC at all. Most people still "trust" the USD or fiat - like people trusted doctors or _experts_ or _authorities_ about certain irreversible medical procedures!
Education is key. So is better software - all that is coming. Most of the time the financial education is a miss-education or it is ignored or presumed.
Exactly! What a waste of time for Saylor. At least read The Bitcoin Standard before you interview him. 🙄
Wouldn't an EMP take out Bitcoin
Yes, but everything else will go with it - literally everything…
If the grid goes down, losing crypto will be the least of our concerns… We’ll be trading in alcohol and ammunition.
From overcoming challenges to its unbeatable growth, this video uncovers the secrets behind the success of Bitcoin in the market. #Bitcoin #Cryptocurrency
I guess there is no such thing as a "dumb" question, but I am surprised someone with such a limited understanding of the basics of Bitcoin could get in front of Michael Saylor for an interview. It's like he did no work before sitting down to interview one of the most knowledgeable people in the world about Bitcoin. The question is right at the 3:00 minute mark. "Just to clarify, there is like a place where they have all of this hardware and data, no one, I'm guessing, has any idea where it is?" Hmm
Satoshi AKA The US Government
Oh give me a break.
Bch is the og btc
No sway!! MICHAEL SAYLOR INTERVIEW ON ICED COFFEE PODCAST! These guys don't even take notes on a note pad and very informative questions asked 😅 NPC mode!
So you're saying "gun" is illegal? Cool.
I heard those edits and rolled my eyes. Always thought the dudes on this channel were weak but that takes the cake lol.
Well they will get demonetized and get no ad money. Advertisers don't want to be associated with certain subjects.
This is the crypto Peter Schiff
Never seen so many bots as i see in these comments
'Guy on left' conveniently leaves out BTC forks...
In a depression bitcoins are a mous trap.its a liability
But what about people panicking and buying btc because they scared that the usd goes bust?
@@nahbro3240Good point....if there is worldwide famine then that is where it will go bust. Seems like they have plans for something like this lined up to happen in next few years but who knows🤷♂️
@@nahbro3240 no.In a crash bitcoins go under. ( no backup only litle energy)Not TER 1)
@@nahbro3240 bitcoins have no backup only litle energy
100% liability.Not ter 1
In a big big crash is bitcoins not save(.not TER 1
Alan Greenspan after FED
Gold is money(ter 1)
Anything else is a liability
We go back to gold standard
.
Immaculate Conception, reserved for Jesus alone.
💛
The voice isn't real I think it's
You lose respect with garbage click bait - more and more proving scams of these two
what scams? This chat, so far has hardly any and so far Google/Alphabet has not run a scam add on this video.
I know, strange times!
Nice conference room ❤
you guys just kind of sitting there looking confused.. lol
How’s Yatta?
this looks fake
Ai bitchez
Ypu think satoshi gave it or the banks did and then own X amount, and likes of JP Morgan who loan you to buy btc so really M.Saylor doesn't own it
Gun 🔫?
Sorry, but Xrp is the one bitcoin Is fools gold😮 10:36
That was a great interview. 🙏
Left out the part where the guys counterfieting Fiat.....rig the market with derivitive btc. Go Figure. World Mafia owns Saylor Bwahaha
Your video title is misleading…
Saylor explained in detail how Bitcoin would fail if operated like all the rest of the crypto proof of stake scams(etherium).
Agree.
How do you think this can shape your actions?
Cardano is actually just as decentralized as Bitcoin and has more use case. Saylor should look at it
No, it’s literally the opposite of everything he just said.
It’s another garbage coin
Economic activity converges to a single form of money due to the nature of trade. There is no need for a “second best”… having 1 money is the ultimate use case for civilization.
The biggest problem with BTC is that the status quo will transfer over. That is to say, all the fiat rich people will acquire lots of BTC. Nothing will change.
well there is nothing wrong with the rich buying bitcoin that is to be expected , but your wrong everything will change, the playing field will be more fair and people will get more of the value they deserve.
@@subspace666 how so? they Bitcoin hoarders will just do the same thing they did with gold. Print out 'gold promises' e.g. paper money. We already see this with spot BTC ETFs.
@@sarscov9854 well this has nothing to do with bitcoin that is how the legacy system works. bitcoin offers us the choice to participate in the legacy system or not. with the old system we are forced to use it by force pretty much because centralized middleman you need are forced to comply on your behalf and your locked out one tier up. bitcoin doesn't need to be pegged to fiat ether it just is now because we still need fiat at the moment.
Most of the rich fiat people hate BTC, ie Warren Buffet. They wouldn't be so exorbitantly rich if it were for fiat money printing. Regarding paper bitcoin it is very easy to verify it is backed by actual BTC compared to paper gold. Everyone gets bitcoin at the price they deserve
@@gmckean7 why would you even consider it an option for BTC backed paper money to be made? That's anti BTC
I had problem comprehending trading in general. I tried watching other RUclips trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow
I've been making a lot of looses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
I will advise you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you i think that way your assets are more secure
I'd recommend Annabelle Hartfield, her profit is great even when there's a dip
Click bait
or just facts?
Saylor is a Bozo
Main purpose of Bitcoin is a storage of value and it is (probably) better not to change the network. ETH on the other hand is designed TO DO things. Because the purpose of ETH, ADA, Solana etc is TO DO things, they will continue changing and upgrading the networks. Can't compare them.
WTF is this rambling!?
I can’t believe we live in a world where the words Glock and gun get censored
and typically the _truth_ and _facts_ are censored like there is *no tomorrow!*
Right? It's like the establishment & tech overlords see a revolution is coming and they are scared. So now they are bleeping parts of our vocabulary.
A world with too many weak minds unfortunately.
If (when?) Bitcoin crashes, I hope someone adds up *all* the electricity that was wasted on the endeavor. Enough to power *countries,* from what I understand.. (His hydro dam example at 9:47.)
Why would you bleep gun?
It's not about which words! they could bleep the word;pizza, it's about introducing control on narratives...Hint: they are just testing the waters right now, no doubt they will get worse when people just shrug it off.
Because🏳️🌈
who bleeps gum!
Weak minds run this podcast.
Zero?…I got and endless supply of nothing to buy the dip and fill my invisible bags.👍
Yeah you said that 10 years ago too
you can buy $20, $50 or even $100 of BTC - at a time, if you want. Put some money aside ....
You can buy silver at $30 (ish) or $60 or $120 at a time ... or more - of course.
1/4 t ounce gold starts around $600USD ... so will about 20 oz (one "sleeve") of silver.
You can do it!
Just buy a little, ever other month or even twice a year.
Maybe eat beans and rice for a month?
Bitcoin cost to much to use on everyday things like at the store or to pay a bill that's why it's only good for the store of value not for actually using
Everyone I know who understands bitcoin can't get enough of it. I've been learning about it since late 2020 and I understand it's power and perfection. Only you can make you learn what you need to know. One day, whether you understand how btc works or not, you WILL use it. If you learn now and buy, hodl on a cold wallet and forget about it, you'll be wealthy in the not so distant future. If you don't, you'll get btc at the price you can get commensurate to your energy input. Pretend it's 1999 and the internet is for sale and you could own some of it. Would you?
You gotta learn some more bro… just sayin only you can educate yourself on something new like this. Do your research fam
No, no, and no to all three questions... so.....?
Saylor really lays out some great logic.
BTC, gold or silver are the escape hatch from the fiat, death and debt ponzi!
Why not ETH? 😂
Why is "Gun" censored from Saylor's explanation? Seriously... Typical American... You can't even listen to a good argument and understand it because important words are not allowed and cut out... 🙄 The entire purpose of bitcoin is economic freedom, but we can't use certain words when we talk about it... Missing the entire point...
Holy shit all the comments are scammers
Buy wulf
What a bunch of bullshit 😀
KASPA
When there is no bitcoin to mine......people will grow crazy......
layer 2 are already solving this issue
that will be around 2130 or so.
Also network fees will likely change a bit or a lot by that time.
Much will change by 2040. Even more so by 2050 and beyond.
Wulf will make you rich
Why would you remove this full episode. Only thing you had going for yourself.
Because they didn’t remove the full episode
C👁A= SHITOSĤI😂
Michael's tripping 😅 electricity is to expensive worldwide
The thing that would bring down Bitcoin is superior technology he says. But he never addressed that because he knows that's coming. And he holds more Bitcoin than anybody.
Nothing is bringing down bitcoin, it already has the network effect. Humans are collectors and bitcoin is already valuable.
@@TheMactabanoye no one knows the future
@@billyr9162True but I think that the only thing that will bring down bitcoin is if the internet goes down. It's a risk but an unlikely one.
Discovering (or rather inventing) something like Bitcoin is a once in a lifetime event. The fiat monetary network has existed for a few centuries. Wasn’t until the last few decades we digitized it. Now we have a digital permissionless transparent open-source-based monetary network driven by a protocol that incentivizes fairness. Pretty drastic improvement on the old system. I doubt whatever “superior tech” comes along will be able to uproot the network effect Bitcoin has already achieved.
It will crash. Believe me. Everything is unsecured.
I don't believe you.
What’s wrong with saying the word, gun?…
After all the a.i Bitcoin scam videos. Im having hard time believing this man is actually real 🤣
What if Michael saylor is Satoshii😅
He isn't.
Holly shit I’m buying more ripple
satoshi = cia
CIA wants cbdc, bitcoin is anti cbdc, so satoshi is NOT CIA.
yeah Certainly Invisible Always....... L 😅 L
No chance of that.
Eventually it will be hacked, quantum computers will take next to no time to crack it.
then can't they use quantum computer for their network too?
I tought about this too. But with that logic any bank in the world would be hacked too, so we're all doomed, thats non-sense. Quantum Computers that will be used to attack bitcoin network will also be used to defend the network, Technology development does not only revolve around hackers
Wow, are you the one to do it. You make it sound so simple
the quantum computers, the self driving cars, the AI, to Mars, just need to nuke the poles on Mars to make the temperature -340 at night and +370 in the day instead of -475 at night and +510 in the day like it is now, because the Mother Earf increased half a degree over the last 100 years and its too hot now on the Earf so we have to escape with quantum drives. All of this is about to happen, in the next 5 years. Just wait for it bro, the AI.
And by the time that is possible, AI will have a solution standing by.