MicroStrategy's Michael Saylor on gold, Ordinals and Bitcoin ETFs
Episode description
Michael Saylor is the Executive Chairman of MicroStrategy.
Since 2020, MicroStrategy has amassed an eye-catching bitcoin reserve, making it one of the largest corporate holders of bitcoin in the world. Critics have been vocal, but Saylor and his company have stood firm in their belief and commitment.
In this episode, Saylor explains why bitcoin's performance over the last two years relative to other asset classes is indicative of relative strength, and gives his opinion on recent bitcoin developments including the flurry of ETF applications as well as the Ordinals/BRC-20 debate.
Outline:
1:59 - Inflation & Bitcoin
8:29 - MicroStrategy's leverage
9:12 - Bitcoin's volatility regime
13:48 - Technocrats
15:19 - Bitcoin legitimization
19:34 - Bitcoin Maximalism
25:31 - Saylor on Ordinals
28:39 - Unregistered securities
30:20 - Crypto crackdown conspiracies
34:38 - Spot Bitcoin ETF
39:54 - Bitcoin dominance
51:50 - Work/life balance
53:30 - MicroStrategy's miscalculation
55:09 - Thermodynamically sound economic energy
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