I love Saylor. He is absolutely ruthless. He has no time for BS. He is the best advocate that we could have ever asked for to trumpet the value of BTC.
And he's the one who'll turn you away from Bitcoin because he doesn't seem to understand where the Crypto space is heading over the next few years when Bitcoin will collapse and the real cryptocurrencies take over. People like him miss the point about cryptocurrencies and why they started in the first place, which is that it should be private, they shouldn't be called privacy coins but _just_ (digital) cash/gold. The privacy features are (were supposed to be for Bitcoin) a bare minimum requirement for your standard cryptocurrency. Not that hard to understand. When you have physical gold in your house, you don't call it privacy gold. It's just private by default (because no one knows you have it). When you pay someone with physical cash, you don't call it privacy cash, it's just cash. It just happens to be a private transaction in the sense that - anyone who's _not observing_ the transaction - doesn't know about it. Peer 2 peer cash (exactly what Bitcoin was _supposed_ to be). Monero (XMR) and pirate chain (ARRR) are exactly that - _private by default_ at the protocol level/on a technology level. One of the important properties of cash is that is has to be fungible. Bitcoin is not, because its not private. Also, Monero is more like gold than Bitcoin is, since it has an increasing but limited supply (432 Moneros produced everyday or about 157,680 every year) as opposed to Bitcoin's fixed supply of 21 million. Also throw in the fact that most of the Bitcoin devs have now moved into Monero and Pirate Chain.
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Perianne Boring
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
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.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
Bitcoin is the true decentralized Cryptocurrency to ever exist in the world. I'm actually new to trading in bitcoin and can say Authoritatively that it's an aspect of gaining financial freedom
@@anitasims5507 true! But most people have their reasons of not trading either lack of experience or many others. Over trading not being patient and bad strategies are more reasons why people lose trades
@@francisjason6137 that's definitely ignorant buddy. Plan your investment with good bitcoin portfolio manager and have your account increase above your expectations
Michael is such a poet. A master of metaphors. He really is a storyteller. Thank you so much, Michael. You rock. A well-rounded human being. Grounded in history, knowledge and a profound understanding of economics, human nature and technology. I am grateful for your contribution to humanity.
48:25 frame of reference: 400T world assets 48:46 stable coins explosion 48:51 75Bn on tether, die, usdc -- all on dollar rails --moving to 100Bn in Africa, Asia, China 49:24 5-6Bn moving with mobile devices with software wallets, Michael's prediction 51:14 lightning open source wallet - it is decentralized v pay pal Apple Pay square which are centralized payment rails 51:25 54:16 fluctuations in price v your time horizon 59:55 member questions 1:02 tech adoption rates--smart phone v bitcoin 1:02:39 3M /wk as faster than google or Facebook adoption digital network growth rates 1:08:18 Micheal 'that's bitcoin!' -- the poetry of a volcano and the power of decentralized permission-less protocol! 1:30:51 aml kyc requested custodians 1:31:51 fasby gap 1:34:13 tcpip
Why would anyone invest in something that has no use case. It takes 30 to 60 min to transfer BTC. SMH. do more research people. Don't listen to celebrities so blindly.
@@xrpkidotec520 I might say that to you. I receive bitcoin instantly using lightning and also FIO. I also don’t agree thats a reason to not invest into bitcoin if you understand the economic principles well enough… it’s cheaper to get bitcoin now than 5 years from now
Largely because of the networks on which they are built. Bep 20 network hasn't been integrated much. However the trc 20 network is much adopted so use it more compared to the ERC 20 network
I wouldn’t use any other Crypto other than Bitcoin. It’s already hard enough to completely understand Bitcoin to start taking on Alt coins. Understand Bitcoin before you take on understanding Alt coins.
This is the best way to do it. A lot of newbies don't even understand bitcoin and its implication yet they jump on these nonsensical feel-good stories on alts without realizing the trade-offs and opportunity costs associated with them.
Supreme education? You mean propaganda...BTC is AOL. It’s the first. Or sucks compared to the list of a few released recently and talked about by central banks and the government. They have planned to use XRP XLM for a very long time. That’s why they trade haulted it. Once you understand btc cannot scale to over 15% of population before it literally takes more energy than exists....then you realize even if they force it it will have to run on XRP or other ledgers to be moved and used. Proof of work doesn’t work. It’s a shit coin. Once the mining is done it collapses. Miners ensure the network reliability and blockchain transactions. Once they won’t make money off it there will be no incentive to keep it running. I say agin. Put feelings aside and start looking up videos of its short comings. It simply doesn’t work. This is also why they switched from payments to “store of value”....it’s absurd. This clown is pushing you to mortgage your damn house and leverage your income even to go all in. He’s either a lunatic or a lying prick. There’s also a reason musk is fucking with people about doge and he tweets things recently like “how many bitcoin maxies does it take to screw in a lightbulb”. I know it’s a mental bubble I’m popping. I know it’s hard to imagine billionaires lying to self serve....but please research it. This isn’t opinion. Btc and even ETH are beat have been beat a long time and will not last. Even if I’m wrong and they do. Why buy btc at 30-60k for a 20x return if it hits 1 million in 5 years instead of buying XRP XLM xdc algo etc and making that return this year alone or more and then buying more btc you can afford later if it does last. You’ll be able to use profits to buy more btc at 1 million than of you bought it now ans waited. Moral is....there is no scenario in which buying btc makes sense right now especially if you have profits already. At worst you could go broke. Again. Not opinion. These people are nuts.
Trump said he was worth $8 Trillion in an interview in 2016. And Rothschilds is worth $750 Trillion- he owns most of the world: owns most of the IMF which funds Govts worldwide. He purchased the USA using the UN as the Oversight organization, wen the USA filed BK in 1933 (USA is a Corporation). Google the facts. He owns all Utilities in the USA (of course) by majority stock ownership. Most people dont kno any of this. The world is worth an estimated $3 Quadrillion dollars. Its why his Grandad said "when you own the money, you care not who writes the laws." A 1000 Millions = 1 Billion A 1000 Billions = 1 Trillion A 1000 trillions = 1 Quadrillion
I wishing everyone out take the time to watching this RUclips channel video. There is so plenty information about financial freedom on bitcoin. Michael saylor and Bill are the bitcoin experts explanation. I kept watching through to whole 2 hours plus video twice. Thank you very much 😊☺🙏😀🙂
Comment drin Germany: Michael, you're a genius. Having studied business economics at Frankfurt Johann Wolfgang Goethe-University almost 25 years ago without feeling any passion for all that models, your spirit almost is like an awakening for me. Sorry for any Germanism and thank you so much.
Classical schooling is ok for some basic principles and ideas but I agree so much this is much more inspiring and thought provoking! It’s a new day and age. Michaels website is a wonderful tool for further learning as well
El Salvador 🇸🇻 is on the map now. The world is finally paying attention to this forward thinking government. Investment will rush into sustaining a non corrupt governance. People will prosper and El Salvador will be known as a moral and an advanced civilization.
I sure hope so . Some lovely people there it would be nice to see them prosper and thrive and prove these point . Good luck and God speed to El Salvador!!!!!
Don't be a fool man. Blown your mind! What he can gets 21mil gold coins and makes them dematerialize into cyber space lol. Why are people listening to his absurd analogies. Bitcoin and gold are nothing alike. One is something the other is nothing. Of course it's easier to move Bitcoin. It's very easy to move nothing. It's just code on a computer. Even a music file is better. It actually does something. You can listening to it dance or sing along with it and get some enjoyment from it. Bitcoin is nothing. It only has value because idiots buy into the scam thinking it has value. It's all over once you reach peak fools buying into it. I can't believe how gullible people are. Whether you like it or not the currency of the day is what our government will demand us to pay our taxes in and it won't be Bitcoin.
The value isnt coming from the usecass, its the scarcity. Music file is useful but not rare, so its worth almost nothing. Why is the original Mona Lisa worth more than an identical copy?
Watching Michael Saylor and listening to what it is that he is saying is just magnificent and this man is a genius. You can see as he talks that he is processing a multitude of data. He understands completely.
I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Katherine Foley.
Kind of odd, when the lady asked, at about 01:48:30, asks about "e-waste", it's not clear what she was talking about and the respondents went off on the energy issue. When I hear the term e-waste, I think in terms of the textbook and universally accepted definition of it as electronic devices that are unwanted or are at the end of their useful life. So, she references 11.5 Kilotons of e-waste. That means she is probably misusing the term e-waste - just my guess - but maybe I'm wrong. Maybe between the miners throwing away obsolete processing units and the public replacing their bitcoin devices, that's 11.5 KT, but I doubt it. She was probably talking about waste products emanating from the generation of the electricity used for BTC. Seems as if the respondents took her to mean the latter.
@@patbonny1175 Nope. REGAL EGO'S is absolutely correct. Great respect for Michael Sailor - a highly intelligent and educated man - but I believe that he is wrong! Bitcoin is old technology, does not scale, has NO practical use case, is increasingly expensive to mine, is massively environmentally unfriendly, expensive to transact, useless in the commercial world to purchase things like a cup of coffee... INVESTIGATE the crypto-space space yourself! There are cryptocurrencies that do have use cases like Algorand, Vechain and XRP. THINK!!! INVESTIGATE FOR YOURSELF. MICHAEL IS A NEWBIE TO CRYPTOCURRENCIES.
Michael Saylor thank you for the explanation on Crypto. You are brilliant and make it easy to understand the currency worldwide with Bitcoin. Your Bitcoin 101 was very interesting. I enjoyed listening to you explanation it was fabulous.
Michael's analogies from an engineering perspective are so satisfyingly easy to grasp, it's like a lightbulb switching on over my head every 10 seconds when I first listened to him talk about bitcoin some time ago. Great talk, as usual.
This is the best video or piece of information regarding currency, inflation and the emergence of digital assets that the world should see and understand. Well done gentlemen, what a pleasure!
Please where can I invest and make good profits without being scared of loosing my money ....I’m actually looking for a good trader that can help me manage my trade and make good profits for me at the end of the day
Wow.. once again a great interview. I purchased my first Bitcoin today. I have watch Mr. Saylor in 4 or 5 interviews, he just simplifies it so wall. Done ✔
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Maria Reyes.
So interesting to learn that Peter and Michael were college friends and fraternity brothers! Very happy to have both of you on the Bitcoin train. Bill was excellent too! Thank you for sharing and all that you do. Bitcoin restores liberty, and for the whole world. Amazing time to be alive.
Thank you for this elucidating interview. I think the only risk to Bitcoin is Ethereum due to so many tokens running on the etheruem platform. If Etherum market cap is 360 billion vs bitcoin which is 841 billion, what is to prevent the market cap of Ethereum surpassing bitcoin in the next 50 years. It seems to be bitcoin is more of a store of value whereas ethereum is not only a store of value, but also blockchain technology that can be used by so many applications (tokens etc) running on the ether platform. Bitcoin is first to market but ethereum is more useful right? Can bitcoin too have tokens running on its platform, stable coin for example. I read that 70% of stable coins run on ethereum. I am a novice to the cryptoworld of investments but it seems logical to ask these questions.
Less than 1% own all the Bitcoin out of 7 billion. Most haven't accessed $100 of BTC. A very few will own more than halve of it. The average person needs altcoins to have any chance to keep up in the next 5 years
The truth is with this recent economy Everyone needs more than there salary to be financially stable. The the best thing to do with your money is to Invest it rightly because money left for saving always end up used with no returns....
Michael is one exceptional and genuine crypto currency professor. I learned something today that I hadn't learned in 30 years. Michael is the best of the best!
Thanks Peter for these interviews. Michael Saylor is a good communicator on this topic. Interesting how big influencers are now educating their audience, as opposed to obscure smaller individuals on RUclips. This seems like a new phase in the life cycle of crypto currencies.
That's what money is, the question is is that what bitcoin is. Creating bitcoin consumes energy. That doesn't automatically mean bitcoin is worth anything.
Michael's point at 37:56 about Australians moving to El Salvador and selling their Bitcoin without paying capital gains tax is likely incorrect. It would certainly be incorrect for Canadian residents who would move to El Salvador. Canadian residents who end their residency must pay a "departure" capital gains tax on the "deemed disposition" of their assets, including Bitcoin. If, like in Canada, income tax in Australia is based on residency rather than citizenship, then Australians, too, would likely have to pay a departure tax on the deemed disposition of their Bitcoin.
It is such a honor to learn from guys like you for free, providing knowledge here on youtube so i can watch it 5 months after the interview. Just wanna say thank you!
Bravo! for the presentation... for us Engineers, the perspectives and analogies presented by Mr. Saylor are flawless...Thanks Peter for a quality guest
Sir thanks GOD to meet a man like Michael, i feel a grace of GOD to have a man whose full of knowledge but whose so humble. You such a gift in this world. Thankyou to explain BITCOIN so well , through your information nd explanation now BITCOIN is my No1 crypto at this moment nd No2 is ETHEREUM then the rest. Thankyou somuch sir . We feel so honoured here in SOUTH AFRICA to listen to you .
For some reason I was still stuck in this mindset that the dollar was going away after a default, etc and that a crypto was essential for transactions. No longer.
I've been investing in stonks from '94, '17 I started trading crypto and I've made more against stonks, September will always be choppy to provide liquidity for October pump to ATH. People say It's manipulated but I stand to differ because with the right market scanner you can time the markets. You know that when the media reports are bullish take some profits, when media gets bearish start buying. "rinse and repeat". Career trader Mica Sanchez's automated signals based on unique combinations of trend, momentum and volume indicators used for predicting market reversals of bitcoin for years is alerting a 5th wave of the Bull cycle. Time to stack more SATS
Honestly trading can be frustrating sometimes, I've deployed a lot of capital scalping, only to end up with liquidation emails.. I was warned about this lol. I'm aware of others who provide shady signals but who to trust, How do I get hold of Mica's Signals
Yeah, my first signalinvestment with career trader Micasanchez earned me net profit of over 3. 6btc A quick profit in a red week for the markets. Everyone's looking for the perfect hedge. The Answer is Bitcoin!
In general, I agree with everything Michael is saying. My one question: why is Bitcoin (or any crypto) more ideal to hold compared to other assets such as stocks or (to a lesser extent) property?
Any other crypto would not be ideal as a hedge at this time. Besides the perfect characteristics that this digital store of value has, Bitcoins Market Cap is around 600 Billion USD and it’s volume is increasing because the world has decided it is the perfect hedge against a global economic disaster. Essentially…you have nation states, largest banks in the world, and richest most powerful individuals all buying in. Respectfully speaking, it’s a no brainer!!
In a high inflationary environment, you want scarce assest that beat the rate of inflation. The real rate of inflation is around 25-35%. Stocks do not keep up with that rate. Scarce assests do. So fine arts, collectables, real estate, commodities, bitcoin and land is where you want to go. Bitcoin has the truest scarcity and the best liquidity compared to other scarce assets. That is why it is more ideal to hold bitcoin as a store of value.
I must be crazy then. Bitcoin still seems like a piece of junk to me. What does bitcoin do that another coin doesn't do better? It's not the most secure, its slow and gets worse the larger it grows, and its expensive. It's only advantage is that it was first, about as weak as advantages can get. Not to mention this guys confidence and complete dismissal of every other coin should be an alarm bell that he's blind to anything but confirmation bias.
@@elcapitan549 If it's so simple then surely you can explain it to me. What's missing from my understanding of blockchain technology? I've asked before, and bitcoin maximalists run away from the conversation every time. To be clear, I am invested in several crypto projects, although not always blockchain, it's bitcoin specifically I have concerns about.
@@johnbutler3141 Not really, it’s fucked up you have to pay property tax and take a risk and end up being punished if you make a profit. Most states acts like the mafia and make promised as an insurance company.
Wow, how come I never tire and bore to listen to these guys I am the person that usually don’t listen to other ppl talks more than couple minutes but these guys I appreciate very much and thanks very much for video.
I just don’t understand how Bitcoin is the future with how volatile it is. It’s dropped 50% value in a month. Gold although manipulated, is much more stable and everyone wants it. I like the idea of Bitcoin don’t get me wrong and I know the dollar is gonna fail but I don’t think Bitcoin is what we’re gonna be using
As the market cap goes up and get world adoption it be more difficult to manipulate, it it gets to 100s of trillions of dollars in market cap it be much more difficult to move but probably it won't get that far
History in the making. Wow it's just crazy looking back two years later on this video!!!! I feel 10 times smarter after listening to that conversation. Are society needs more people like this
Thanks for your comment. The more the price falls, the more comparison will be drawn to the great crypto cash of 2017/18. It may be a bit earlier for the four year cycle to be coming to an end . But the level it has fallen now is very familiar. More than half of Bitcoin has now been wiped away since it is all-time high in the mid April . Cryptocurrency are at their lowest since the start of the year . While some are cashing out in case it falls further . Other are hoping this might be a great buying opportunity . For more guidance and tips w•h•a•t•s•a•p•p ............. +. =1. =7 .=1 .=3 .=3 .=0 .=9 .=9 .=2 .=4 .=4 📊📈📊📈📈📊📈📊📈📈📊📊📈📈📈📊📊
Michael, Michael, MICHAEL! It's always a Michael love fest in the comment section. HOT TAKE: Bill Barhydt provided far more interesting and nuanced commentary in that interview. Call me crazy
There you go Michael! That is exactly what I was referring to with my Alan Watts comment last time. This is not a cell phone versus landline battle going on, instead it is a smart phone versus smoke signals battle.
I love Saylor. He is absolutely ruthless. He has no time for BS. He is the best advocate that we could have ever asked for to trumpet the value of BTC.
Michael Saylor is such a joy to listen to he is such a joyful man and full of wisdom and wealth!🇺🇸🙏
Enchantment... wake up.
Joyful? Lol
Michael Saylor is an instrument of reawakening.Bitcoin made sense after listening to Michael Saylor.
And he's the one who'll turn you away from Bitcoin because he doesn't seem to understand where the Crypto space is heading over the next few years when Bitcoin will collapse and the real cryptocurrencies take over.
People like him miss the point about cryptocurrencies and why they started in the first place, which is that it should be private, they shouldn't be called privacy coins but _just_ (digital) cash/gold. The privacy features are (were supposed to be for Bitcoin) a bare minimum requirement for your standard cryptocurrency. Not that hard to understand.
When you have physical gold in your house, you don't call it privacy gold. It's just private by default (because no one knows you have it). When you pay someone with physical cash, you don't call it privacy cash, it's just cash. It just happens to be a private transaction in the sense that - anyone who's _not observing_ the transaction - doesn't know about it. Peer 2 peer cash (exactly what Bitcoin was _supposed_ to be). Monero (XMR) and pirate chain (ARRR) are exactly that - _private by default_ at the protocol level/on a technology level.
One of the important properties of cash is that is has to be fungible. Bitcoin is not, because its not private. Also, Monero is more like gold than Bitcoin is, since it has an increasing but limited supply (432 Moneros produced everyday or about 157,680 every year) as opposed to Bitcoin's fixed supply of 21 million.
Also throw in the fact that most of the Bitcoin devs have now moved into Monero and Pirate Chain.
@@illyia7051 Why are you copying and pasting this for weeks on end?
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Perianne Boring
@@glennllewellyn8998 Wow I'm just shock you mentioned and recommended Expert Mrs Perianne Boring,I thought I'm the only trading with her
@@jessicamccarthy2228 You don't need to be shock because I'm also a huge beneficiary of expert Mrs Perianne
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
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.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Bitcoin is the true decentralized Cryptocurrency to ever exist in the world. I'm actually new to trading in bitcoin and can say Authoritatively that it's an aspect of gaining financial freedom
Investing in bitcoin now is an essence of gaining financial freedom and stability
I used to see Bitcoin trading as a side thing but it has proven to be a major source of passive income ever since I ventured into it.
@@anitasims5507 true! But most people have their reasons of not trading either lack of experience or many others. Over trading not being patient and bad strategies are more reasons why people lose trades
Had the opportunity of securing some good fraction of bitcoin sometimes ago but got discouraged by friends
@@francisjason6137 that's definitely ignorant buddy. Plan your investment with good bitcoin portfolio manager and have your account increase above your expectations
Good lord. The more I listen to Saylor the more I increase my asset allocation percentage of bitcoin.
I do the same thing when I listen to Jeff Booth lol
@@t.555 Really? I've not heard of him, but will check him out now. Thanks!
@@inperspective he’s view on bitcoin is beautiful, amazing guy!
These bots are fun!
@@koubenakombi3066 not bots!
Fascinating interview. Michael Saylor is so eloquent and considered with his opinions and explanations. This is not a man shooting from the hip IMO.
Make a note to earn or diversify in crypto, you can do that with my official broker on щhat:sap
•1~-5~-5~-1~-3~-1~-6~-8~-7~-1~-7.
I feel richer listening to these guys talk.
I agree. This is an incredibly smart and worthwhile discussion
Michael is such a poet. A master of metaphors. He really is a storyteller. Thank you so much, Michael. You rock. A well-rounded human being. Grounded in history, knowledge and a profound understanding of economics, human nature and technology. I am grateful for your contribution to humanity.
The dude is awesome. I've learned so much from him.
Thanks bots
Not at all!
He says the same thing like 10 times with different analogies. He also stands to gain massively is he can convince people to buy.
48:25 frame of reference: 400T world assets
48:46 stable coins explosion
48:51 75Bn on tether, die, usdc -- all on dollar rails --moving to 100Bn in Africa, Asia, China
49:24 5-6Bn moving with mobile devices with software wallets, Michael's prediction
51:14 lightning open source wallet - it is decentralized v pay pal Apple Pay square which are centralized payment rails 51:25
54:16 fluctuations in price v your time horizon
59:55 member questions
1:02 tech adoption rates--smart phone v bitcoin
1:02:39 3M /wk as faster than google or Facebook adoption digital network growth rates
1:08:18 Micheal 'that's bitcoin!' -- the poetry of a volcano and the power of decentralized permission-less protocol!
1:30:51 aml kyc requested custodians
1:31:51 fasby gap
1:34:13 tcpip
thank you
Michael Saylor is a G - a man who “gets it” - happy to have his leadership with us in this industry
couldn't agree more. Michael is the shiiiiiiiiit.
it's not an industry. nobody actually produces anything.
@@Withnail1969 Exactly
Why would anyone invest in something that has no use case. It takes 30 to 60 min to transfer BTC. SMH. do more research people. Don't listen to celebrities so blindly.
@@xrpkidotec520 I might say that to you. I receive bitcoin instantly using lightning and also FIO. I also don’t agree thats a reason to not invest into bitcoin if you understand the economic principles well enough… it’s cheaper to get bitcoin now than 5 years from now
310 Days in. I was here prior to the Great Bullrun. Michael has contributed endless value
You can tell homie got tired of all the metaphors lmfao
Largely because of the networks on which they are built. Bep 20 network hasn't been integrated much. However the trc 20 network is much adopted so use it more compared to the ERC 20 network
@@Elite_Employee They helped me personally.
@Alex Luna it ain’t over yet
I wouldn’t use any other Crypto other than Bitcoin. It’s already hard enough to completely understand Bitcoin to start taking on Alt coins. Understand Bitcoin before you take on understanding Alt coins.
This is the best way to do it. A lot of newbies don't even understand bitcoin and its implication yet they jump on these nonsensical feel-good stories on alts without realizing the trade-offs and opportunity costs associated with them.
Bitcoin maxi too. Everyone needs to go to 1:18 and listen to why the genius is betting on bitcoin only.
When have you used Bitcoin? Just wondering?
Use Bitcoin for what? Why do you need to understand it to use it?
what diffrence doest it makes
Michael Saylor is the Benjamin Franklin of our time..............
Tweet that
Funk yeah!
How many interviews Michael Saylor is making per week?? Respect
Every second more salary on interviews he can use to accumulate BTC xD
Ya great question.
I can't believe I'm getting a FREE masterclass from these brilliant minds 🔥
This is how it should be. And then have them compensated by ads and viewership :)
Yes indeed!
Superbly put
Supreme education? You mean propaganda...BTC is AOL. It’s the first. Or sucks compared to the list of a few released recently and talked about by central banks and the government. They have planned to use XRP XLM for a very long time. That’s why they trade haulted it. Once you understand btc cannot scale to over 15% of population before it literally takes more energy than exists....then you realize even if they force it it will have to run on XRP or other ledgers to be moved and used. Proof of work doesn’t work. It’s a shit coin. Once the mining is done it collapses. Miners ensure the network reliability and blockchain transactions. Once they won’t make money off it there will be no incentive to keep it running. I say agin. Put feelings aside and start looking up videos of its short comings. It simply doesn’t work. This is also why they switched from payments to “store of value”....it’s absurd. This clown is pushing you to mortgage your damn house and leverage your income even to go all in. He’s either a lunatic or a lying prick. There’s also a reason musk is fucking with people about doge and he tweets things recently like “how many bitcoin maxies does it take to screw in a lightbulb”. I know it’s a mental bubble I’m popping. I know it’s hard to imagine billionaires lying to self serve....but please research it. This isn’t opinion. Btc and even ETH are beat have been beat a long time and will not last. Even if I’m wrong and they do. Why buy btc at 30-60k for a 20x return if it hits 1 million in 5 years instead of buying XRP XLM xdc algo etc and making that return this year alone or more and then buying more btc you can afford later if it does last. You’ll be able to use profits to buy more btc at 1 million than of you bought it now ans waited. Moral is....there is no scenario in which buying btc makes sense right now especially if you have profits already. At worst you could go broke. Again. Not opinion. These people are nuts.
Yeah be very leery when a rich mofo is giving people advice on how to spend their money.
Year is 2030 - Saylor is the 1st Trillionaire
Why so bearish 😂
@@deepshallows Okay 2025 !!
There are already trillionaires..
the idea the musk is the richest person on earth is infantile
Trump said he was worth $8 Trillion in an interview in 2016. And Rothschilds is worth $750 Trillion- he owns most of the world: owns most of the IMF which funds Govts worldwide. He purchased the USA using the UN as the Oversight organization, wen the USA filed BK in 1933 (USA is a Corporation). Google the facts. He owns all Utilities in the USA (of course) by majority stock ownership. Most people dont kno any of this. The world is worth an estimated $3 Quadrillion dollars. Its why his Grandad said "when you own the money, you care not who writes the laws."
A 1000 Millions = 1 Billion
A 1000 Billions = 1 Trillion
A 1000 trillions = 1 Quadrillion
Best host of any MS interview yet🏆
I wishing everyone out take the time to watching this RUclips channel video. There is so plenty information about financial freedom on bitcoin. Michael saylor and Bill are the bitcoin experts explanation. I kept watching through to whole 2 hours plus video twice. Thank you very much 😊☺🙏😀🙂
Comment drin Germany:
Michael, you're a genius. Having studied business economics at Frankfurt Johann Wolfgang Goethe-University almost 25 years ago without feeling any passion for all that models, your spirit almost is like an awakening for me.
Sorry for any Germanism and thank you so much.
Er wird diesen innerlichen Krieg nicht unbedingt gewinnen. Aber er wird obsiegen.
Erinnert mich ein bisschen an Jesus den Christus. Substanziell. 🙏
Yeah man. I learnd so much with michael. My studies is a fck peace of shit in comparism with this genius.
Classical schooling is ok for some basic principles and ideas but I agree so much this is much more inspiring and thought provoking! It’s a new day and age. Michaels website is a wonderful tool for further learning as well
😭😆😂 ‘sorry for any Germanism’ , but yes agree with you 100%
El Salvador 🇸🇻 is on the map now. The world is finally paying attention to this forward thinking government. Investment will rush into sustaining a non corrupt governance. People will prosper and El Salvador will be known as a moral and an advanced civilization.
Hopefully not communist anymore that would be great but people and greed doesn't mix well .
If el Salvador dropped all covid restrictions I would move there in a heartbeat
I sure hope so . Some lovely people there it would be nice to see them prosper and thrive and prove these point . Good luck and God speed to El Salvador!!!!!
25:00 analogy of gold vs bitcoin mind blown
Don't be a fool man. Blown your mind! What he can gets 21mil gold coins and makes them dematerialize into cyber space lol. Why are people listening to his absurd analogies. Bitcoin and gold are nothing alike. One is something the other is nothing. Of course it's easier to move Bitcoin. It's very easy to move nothing. It's just code on a computer. Even a music file is better. It actually does something. You can listening to it dance or sing along with it and get some enjoyment from it. Bitcoin is nothing. It only has value because idiots buy into the scam thinking it has value. It's all over once you reach peak fools buying into it.
I can't believe how gullible people are.
Whether you like it or not the currency of the day is what our government will demand us to pay our taxes in and it won't be Bitcoin.
@@doyleelad1113 have fun staying poor
Doyle Elad enjoy ur poverty
The value isnt coming from the usecass, its the scarcity. Music file is useful but not rare, so its worth almost nothing. Why is the original Mona Lisa worth more than an identical copy?
Watching Michael Saylor and listening to what it is that he is saying is just magnificent and this man is a genius. You can see as he talks that he is processing a multitude of data. He understands completely.
I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Katherine Foley.
Mrs Foley changed my life because of the high profits I got from investing with her
You invest with Mrs Foley too? Wow that woman has been a blessing to me and my family.
@RODRIGUEZ O. You can communicate with her on telegam with the user name below
investwithfoley💯
Kind of odd, when the lady asked, at about 01:48:30, asks about "e-waste", it's not clear what she was talking about and the respondents went off on the energy issue. When I hear the term e-waste, I think in terms of the textbook and universally accepted definition of it as electronic devices that are unwanted or are at the end of their useful life. So, she references 11.5 Kilotons of e-waste. That means she is probably misusing the term e-waste - just my guess - but maybe I'm wrong. Maybe between the miners throwing away obsolete processing units and the public replacing their bitcoin devices, that's 11.5 KT, but I doubt it. She was probably talking about waste products emanating from the generation of the electricity used for BTC. Seems as if the respondents took her to mean the latter.
I think I just got a graduate level education on BTC. Thanks!
Do your own research. Only foolish people take the word of one person that tells them their reality!
@@regalegos1221 If you believe in and understand BTC you know how genuine and knowledgeable Michael Saylor is.
Then you must of become stupider
@@jenny-DD like I said, 'if you believe in and understand...'
@@patbonny1175 Nope. REGAL EGO'S is absolutely correct.
Great respect for Michael Sailor - a highly intelligent and educated man - but I believe that he is wrong!
Bitcoin is old technology, does not scale, has NO practical use case, is increasingly expensive to mine, is massively environmentally unfriendly, expensive to transact, useless in the commercial world to purchase things like a cup of coffee...
INVESTIGATE the crypto-space space yourself! There are cryptocurrencies that do have use cases like Algorand, Vechain and XRP.
THINK!!!
INVESTIGATE FOR YOURSELF. MICHAEL IS A NEWBIE TO CRYPTOCURRENCIES.
Best Discussion about bitcoin ever .Kudos .
Finally, someone talks to us with clarity and understanding that we are constantly learning this new adventure.
Michael Saylor thank you for the explanation on Crypto. You are brilliant and make it easy to understand the currency worldwide with Bitcoin. Your Bitcoin 101 was very interesting. I enjoyed listening to you explanation it was fabulous.
Michael's analogies from an engineering perspective are so satisfyingly easy to grasp, it's like a lightbulb switching on over my head every 10 seconds when I first listened to him talk about bitcoin some time ago. Great talk, as usual.
This is the best video or piece of information regarding currency, inflation and the emergence of digital assets that the world should see and understand. Well done gentlemen, what a pleasure!
Please where can I invest and make good profits without being scared of loosing my money ....I’m actually looking for a good trader that can help me manage my trade and make good profits for me at the end of the day
the success behind my profit earning in bitcoin Investment is not solely on my skills but by help of Investing with an expert.
Wow.. once again a great interview. I purchased my first Bitcoin today. I have watch Mr. Saylor in 4 or 5 interviews, he just simplifies it so wall. Done ✔
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Maria Reyes.
Mrs Reyes changed my life because of the high profits I got from investing with her.
You invest with Mrs Reyes too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
she often interacts on Telegrams, using the user below.
Fantastic!
What a fantastic seminar!
Man, thank you, thank you, thank you.
Big hugs
Dam, I really wanted to hear what Michael had to say at 1:14:33
Totally agree with all the comments. Exceptional explanation to the hard questions I get from those around me who want to understand What Is Bitcoin.
So interesting to learn that Peter and Michael were college friends and fraternity brothers! Very happy to have both of you on the Bitcoin train. Bill was excellent too! Thank you for sharing and all that you do. Bitcoin restores liberty, and for the whole world. Amazing time to be alive.
proves there is more than likely a positive bias between the two and that you should not trust what one says about the other. they protect their own.
Thank you for this elucidating interview. I think the only risk to Bitcoin is Ethereum due to so many tokens running on the etheruem platform. If Etherum market cap is 360 billion vs bitcoin which is 841 billion, what is to prevent the market cap of Ethereum surpassing bitcoin in the next 50 years. It seems to be bitcoin is more of a store of value whereas ethereum is not only a store of value, but also blockchain technology that can be used by so many applications (tokens etc) running on the ether platform. Bitcoin is first to market but ethereum is more useful right? Can bitcoin too have tokens running on its platform, stable coin for example. I read that 70% of stable coins run on ethereum. I am a novice to the cryptoworld of investments but it seems logical to ask these questions.
This is the first time I've ever heard Mr Saylor speak (I know, I know). You blew my mind. Bill too. Great. thank you
This is a great interview thank you Peter. I noticed it has one of the highest view counts of Saylor on youtube. What a treasure
This is a hell of a power meeting!!
Less than 1% own all the Bitcoin out of 7 billion. Most haven't accessed $100 of BTC. A very few will own more than halve of it. The average person needs altcoins to have any chance to keep up in the next 5 years
Michael Saylor. Sent by God to save the World? I'm a disciple.
Just look who are biggest owners of Microstrategy and you may got some idea who send him here and who is behind BTC...
@@igorpustsin So who are they? Put your money where your mouth is. Name names.
@@baronsilverbaron757 Vanguard, Susquehanna, BlackRock but that's less than 40%.
Bitcoin. The new religion safer stronger better than ever
Sent by God?? When is the crucifixion?
Michael is so smart, vaccines, cell phones and social media have dumbed down the young generation.
Now so many bright people have special needs kids, that is how we are getting attacked as well.
The truth is with this recent economy Everyone needs more than there salary to be financially stable. The the best thing to do with your money is to Invest it rightly because money left for saving always end up used with no returns....
@smrd636
Please how can I reach out to Dawn Fitzpatrick? I also want to benefit from her services 🙏
How to joint
Michael is one exceptional and genuine crypto currency professor. I learned something today that I hadn't learned in 30 years. Michael is the best of the best!
Michael is absolutely spot on , an upright genius of a man.
No commercials!? BRAVO!!
Thanks Peter for these interviews.
Michael Saylor is a good communicator on this topic.
Interesting how big influencers are now educating their audience, as opposed to obscure smaller individuals on RUclips. This seems like a new phase in the life cycle of crypto currencies.
This should have a Billion views
Chansning and storing socioeconomical energy over time and space. Yes That’s it what money is
That's what money is, the question is is that what bitcoin is. Creating bitcoin consumes energy. That doesn't automatically mean bitcoin is worth anything.
What are you you talking about Mr. Michael Saylor.??
With all do respect sr. .... We do have a variety of banks in my Country. El Salvador 🇸🇻
Hate reading books about money? Watch this video! Don't forget to make notes 😅
Michael's point at 37:56 about Australians moving to El Salvador and selling their Bitcoin without paying capital gains tax is likely incorrect. It would certainly be incorrect for Canadian residents who would move to El Salvador. Canadian residents who end their residency must pay a "departure" capital gains tax on the "deemed disposition" of their assets, including Bitcoin. If, like in Canada, income tax in Australia is based on residency rather than citizenship, then Australians, too, would likely have to pay a departure tax on the deemed disposition of their Bitcoin.
Who's stacking those sats out there?
Sold my house to stack BTC. BTC will eat gold and real estate as the preferred global asset.
@@PURPLE_SHADE_SMOOTHIE you're fucking with me, good one lol
It is such a honor to learn from guys like you for free, providing knowledge here on youtube so i can watch it 5 months after the interview. Just wanna say thank you!
Michael Saylor is the GOAT
Saylor's Bitcoin 101 at 23:00 is excellent.
I trust Micheal with all my investment money
•1~-5~-5~-1~-3~-1~-6~-8~-7~-1~-7.
Thanks for watching,In the meantime
Join my investor team to make profits with me on investment,with my special broker Brian on щhат:sap
No one explains bitcoin like Saylor 🤯
Great to see Michael reaching mainstream audiences though your channel - excellent interview, well done.
Michael Saylor will be a trillionaire.
Bravo! for the presentation... for us Engineers, the perspectives and analogies presented by Mr. Saylor are flawless...Thanks Peter for a quality guest
Sir thanks GOD to meet a man like Michael, i feel a grace of GOD to have a man whose full of knowledge but whose so humble. You such a gift in this world. Thankyou to explain BITCOIN so well , through your information nd explanation now BITCOIN is my No1 crypto at this moment nd No2 is ETHEREUM then the rest. Thankyou somuch sir . We feel so honoured here in SOUTH AFRICA to listen to you .
This video and this message is so incredibly important, thank you.
For some reason I was still stuck in this mindset that the dollar was going away after a default, etc and that a crypto was essential for transactions. No longer.
I've been investing in stonks from '94, '17 I started trading crypto and I've made more against stonks, September will always be choppy to provide liquidity for October pump to ATH. People say It's manipulated but I stand to differ because with the right market scanner you can time the markets. You know that when the media reports are bullish take some profits, when media gets bearish start buying. "rinse and repeat". Career trader Mica Sanchez's automated signals based on unique combinations of trend, momentum and volume indicators used for predicting market reversals of bitcoin for years is alerting a 5th wave of the Bull cycle. Time to stack more SATS
Honestly trading can be frustrating sometimes, I've deployed a lot of capital scalping, only to end up with liquidation emails.. I was warned about this lol. I'm aware of others who provide shady signals but who to trust, How do I get hold of Mica's Signals
VlA Te\ le gr am📧
@ m i c a s a n c h e z
Thanks for the info, PM'd right away!
Yeah, my first signalinvestment with career trader Micasanchez earned me net profit of over 3. 6btc A quick profit in a red week for the markets. Everyone's looking for the perfect hedge. The Answer is Bitcoin!
In general, I agree with everything Michael is saying.
My one question: why is Bitcoin (or any crypto) more ideal to hold compared to other assets such as stocks or (to a lesser extent) property?
Any other crypto would not be ideal as a hedge at this time.
Besides the perfect characteristics that this digital store of value has, Bitcoins Market Cap is around 600 Billion USD and it’s volume is increasing because the world has decided it is the perfect hedge against a global economic disaster. Essentially…you have nation states, largest banks in the world, and richest most powerful individuals all buying in. Respectfully speaking, it’s a no brainer!!
In a high inflationary environment, you want scarce assest that beat the rate of inflation. The real rate of inflation is around 25-35%. Stocks do not keep up with that rate. Scarce assests do. So fine arts, collectables, real estate, commodities, bitcoin and land is where you want to go. Bitcoin has the truest scarcity and the best liquidity compared to other scarce assets. That is why it is more ideal to hold bitcoin as a store of value.
I've always known when I'm being ripped off. That causes a mad reaction. Most people know when they're being ripped off. Taxes come to mind...
He’s a billionaire, and as cool as anyone’s next-door neighbor!! Thank you Michael.. your genuine kindness shines through…
naive !
Really? my neighbour is a dick-head
Ayo!, lol, this man breaks it down so smoothly. You would have to be crazy not to agree with his reasoning.
I must be crazy then. Bitcoin still seems like a piece of junk to me. What does bitcoin do that another coin doesn't do better? It's not the most secure, its slow and gets worse the larger it grows, and its expensive. It's only advantage is that it was first, about as weak as advantages can get. Not to mention this guys confidence and complete dismissal of every other coin should be an alarm bell that he's blind to anything but confirmation bias.
@@dylancooper3244 young man, watch again and maybe learn about blockchain technology. You’re missing out on what’s to come
In total agreement ;-)))
@@elcapitan549 If it's so simple then surely you can explain it to me. What's missing from my understanding of blockchain technology? I've asked before, and bitcoin maximalists run away from the conversation every time.
To be clear, I am invested in several crypto projects, although not always blockchain, it's bitcoin specifically I have concerns about.
@@dylancooper3244 I'm new to cryptos so eager to learn. Can you please let us know what another coin does what better than bitcoin? thx
I love to listen to these long videos at night. But the commercials make it impossible!
ELSALVADOR THERE IS NO PROPERTY TAX EITHER, YOU CAN OWN REALESTATE AND PAY ZERO TAXES.. AND NOT TAX ON CAPITAL GAINS.
Thats why the place is fuck up
@@johnbutler3141 Not really, it’s fucked up you have to pay property tax and take a risk and end up being punished if you make a profit. Most states acts like the mafia and make promised as an insurance company.
Title should be Saylor on how Bitcoin is key to his abundance. Buy Bitcoin at higher and higher priced and make Saylor richer.
Not your keys, not your crypto
Wow, how come I never tire and bore to listen to these guys I am the person that usually don’t listen to other ppl talks more than couple minutes but these guys I appreciate very much and thanks very much for video.
Thanks for watching,In the meantime
Join my investor team to make profits with me on investment,with my special broker Brian on щhats-app
/+•1//9//2//9//9//3//9//3//6//9//5
Michael Saylor the GigaChad
Wow..... Thank you for explaining this to me.. From this day on, every dollar I make that's not spent on bills will be converted to Bitcoin
I just don’t understand how Bitcoin is the future with how volatile it is. It’s dropped 50% value in a month. Gold although manipulated, is much more stable and everyone wants it. I like the idea of Bitcoin don’t get me wrong and I know the dollar is gonna fail but I don’t think Bitcoin is what we’re gonna be using
Long term mate!4 years cycle
It's volatile because it's a very very very small number In terms of world value
As the market cap goes up and get world adoption it be more difficult to manipulate, it it gets to 100s of trillions of dollars in market cap it be much more difficult to move but probably it won't get that far
Amusing insight into what is Bitcoins .. This is time to buy loads more
and then lose it right back!
The more i listen to MSaylor, the more i panic and buy more of you know what.
History in the making. Wow it's just crazy looking back two years later on this video!!!! I feel 10 times smarter after listening to that conversation. Are society needs more people like this
"The Future Is Faster Than You Think" NFT quote on blockchain (via OpenSea) check it out.
Why was Mr. Trent's question about whether other cryptocurrencies have a production protocol and what their margin of production is, not answered?
This one is such a complete episode !! Thank you sir for sharing this with the rest of us and cheers from chocolate country Switzerland.
Thanks for your comment. The more the price falls, the more comparison will be drawn to the great crypto cash of 2017/18.
It may be a bit earlier for the four year cycle to be coming to an end . But the level it has fallen now is very familiar.
More than half of Bitcoin has now been wiped away since it is all-time high in the mid April . Cryptocurrency are at their
lowest since the start of the year . While some are cashing out in case it falls further . Other are hoping this might be a
great buying opportunity . For more guidance and tips w•h•a•t•s•a•p•p .............
+. =1. =7 .=1 .=3 .=3 .=0 .=9 .=9 .=2 .=4 .=4
📊📈📊📈📈📊📈📊📈📈📊📊📈📈📈📊📊
bitcoin is already regulated. 40% fee for any trade. it is considered capital gains. any other solutions?
HODL, don't trade.
Another in a series of great educational offerings from some of the greatest minds on Earth. 🌎 🌍 🌏 Thank you!
Yeah... do you think you are spinning on a globe? You deserve to buy bitcoin!
19:16 Money is Economic Energy ♾
Excellent talk. Greatly appreciated!
So glad you all brought up the energy utilization discussion. I like Elon, but I think he muddied the discussion terribly.
We've been given the opportunity to learn from an MIT Graduate... Thank God!!
Michael Saylor is the best!
Wow what an amazing 2+ hours of powerful knowledge.
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Make а nоtе📝 tо bгоkег Brian оn а gооd iпvе-stmеnt guidance
By January of 2022 Bitcoin will be at 150.000$ and Ethereum at 25.000$, in my opinion there is no doubt about it!
Michael, Michael, MICHAEL! It's always a Michael love fest in the comment section. HOT TAKE: Bill Barhydt provided far more interesting and nuanced commentary in that interview. Call me crazy
Cool. Good for you.
Loco, lol
Michael Saylor is clearly a genius🐱🏍
There you go Michael! That is exactly what I was referring to with my Alan Watts comment last time. This is not a cell phone versus landline battle going on, instead it is a smart phone versus smoke signals battle.
Saylor is the GOAT