24 Burst results for "Michael Saylor"
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"Response and tweet. Quote, we have a loan from silvergate not due until quarter 2025. There are market concerns regarding silver Gates financial condition for anyone wondering the loan wouldn't accelerate because of silvergate insolvency or bankruptcy are Bitcoin collateral isn't custody with silvergate and we have no other financial relationship with them. Interesting. So stony bison bits in replies seems at odds with your comments a few weeks ago about them being sound and continuing to do business with them. Now, I search for these, I couldn't find them. If you guys have a screenshot, let me know, but if that is the case, right? That is really interesting. Because it's kind of like a chain in tune, right? Anyways, so more micro micro strategy news, do you guys remember the lawsuit that was they sued Michael saylor in the District of Columbia, which is Washington, D.C., the imperial city, and when this happened, we made the case on simply Bitcoin that it was political. Now, out of anywhere in the country, right? What is the city that benefits the most? What is the, what is the center of the Central Bank of the United States of the Federal Reserve? Where is it located? In Washington, D.C.. Now, I'm not saying it's related, but that is surely a bit coincidence. Anyways, so micro strategy CEO Michael saylor loses case to dismiss claims that he failed to pay personal income taxes. The District of Columbia alleges that sailor didn't pay income taxes for over a number of years, avoiding more than $25 million in taxes to the district. It goes on to say the rulings did dismiss claims that sailor and his company conspired to violate Washington, D.C.'s false claims act, which is a federal law that holds persons and companies liable for defrauding governmental programs. In August 2022, the District of Columbia filed a complete through its office of attorney general against sailor and his company, alleging that he didn't pay income taxes over a number of years avoiding more than $25 million in taxes as a district in October sailor filed a motion to dismiss the complaint. A status conference regarding the case is scheduled for March 10th and the final outcome is not presently determinable. I think that's political. Anyways, so we're talking about silvergate dropping. Off the face of the earth. And it's interesting. Well, this definitely didn't have to do with any regulations, but I'm kind of worried a little bit because there's only so many banks that are willing to do business with the Bitcoin and shitcoin industry, right? And now that you had such a big player, following the United States, right? You know, guys, I can't say any of these things for certain, but what I can tell you is that there's been a sure lot of coincidence nowadays. There's been a lot of coincidences. And isn't this convenient for the actions that the Biden administration is taking to isolate the industry. This is operation choke .2. It's an article by Nick Carter. We've been referencing it tremendously on the show because I think it really pays a very good and in depth picture of everything that's going on.
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"That makes me incredibly bullish. Obviously, I agree, 'cause I'm a crazy maxi Bitcoin, or I wouldn't be here. If I did it agree and Bitcoin's future potential. But I love the breakdown of it. I love the fact that they dive deep. This isn't just another price prediction from a Bitcoin YouTube channel. It dives deep into it, and I want to emphasize once again, you have someone like Michael saylor putting his name behind it and retweeting it to the millions of followers that he has, not to mention how Finney got to a very similar number, not to mention Adam back got to a very similar number as well. So it doesn't mean that these things are going to happen in the future, but I think it's worthy of taking a look at it. Just pondering it, looking at their logic, seeing if you can find flaws in their logic. Obviously, what needs to happen for those numbers to come true is a global acceptance of Bitcoin. There's a plenty of hurdles that we need to overcome for that to happen. Not to mention what opti was mentioned mentioning earlier, the unproductive class, the people that benefit tremendously from the legacy financial system. People like Charlie Munger, right? You know, people like Jamie Dimon, right? So there's a lot of hurdles that need to be jumped, jumped over, there needs to be a lot of education. A lot of people in the west that have the privilege of relatively stable Fiat currencies don't have the incentive to seek alternatives. So a lot of things need to happen for those numbers to come true, but I also think it's a good thought experiment to see what when all is said and done what the potential valuation of Bitcoin could be in the future. And that's really why I enjoyed that article a lot. But I am very aware that a lot of people can interpret that as hopium. Anyways, let's go around opti, what are your thoughts? And then we'll move on to our guests. Yeah, I'll keep this short. So first off, shout out to kore since BTC on Twitter for doing the good work and obviously how Finney and Adam back in sailor. And I really like your context, Niko of sailor, he's obviously very intentional with his words. So he can't be stupidly bullish, like we can be every single day. But I think the main point, and we said this before, we had Greg foss come on and say the same thing. The total addressable market for Bitcoin is $900 trillion, and you guys are still bearish out there. You guys are still not believing us when we say that we're early. You're not going to make it wake up. We even had someone say it in the chat.
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"You just have to be living through one of the most remarkable periods of human history. The digital revolution and there's this great graph pointing it out. First you needed Internet adoption and according to this graph, my personal beliefs as well. And a lot of other really good research from the community. We are in the beginning phase of Bitcoin adoption on a worldwide level. Anyways, it goes on to show more of the scarcity aspects of it. But this is the part that I wanted to focus on because we have to remember Bitcoin's total market cap sitting roughly around $400 billion. We have to compare that to the global asset landscape. So it goes on to say there's a lot of wealth out there. All of it is sitting in assets of one kind or another. But what does the full picture of the global asset landscape look like? Incredibly, there doesn't seem to be a simple high level view of this anywhere. So I spent a day researching and gathering data points in 2021 and have updated that analysis for 2023. This undoubtedly so if you compare it, a guy's this is a visual aspect. So you have 1 billion 400 billion gold 12 trillion art 18 trillion cars collectible 6 trillion equities, a 115 trillion real estate, 330 trillion bonds, 300 trillion money, a hundred and 20 trillion. This undoubtedly overstates some categories and understates others, may be missing some pieces altogether. Point is, this is a rough picture of all worlds value. It's something like $900 trillion in total. In that sense, Bitcoin's total addressable market is the world's balance sheet. All $900 trillion of it currently the world's collective allocation to Bitcoin is just .05%. .4 trillion out of 900 trillion. That's one that's one to the 2000th of the global asset value. Bitcoin's potential value, which is the point that the part that you guys have all been waiting for. Usually I don't read as much, but I feel like this is worthwhile, specifically because it was Michael saylor who recommended this article not to mention that Adam back and how Finney the legend how Finney. They had a similar train of thought. So this is definitely something to pay attention to. Yes, is it hopium? Absolutely, this is hopium 100%. But when you have these very high profile people doing this research and coming to similar conclusions, maybe it's not something to totally say 100%. This is exactly what's going to happen, but it's definitely something that you should pay attention to. It's definitely something that is worthy of your time, specifically if you analyze the logic behind them getting to these certain conclusions. How approached in a certain way, Adam back approaches his certain way and the article that Michael saylor, a public figure, the CEO, or not no longer the CEO, but the board, the chairman of a public company, is recommending something like this. So it's obviously something he takes seriously. Anyways, the Bitcoin's potential value. Bitcoin enthusiasts often make the mistake of concluding that Bitcoin's potential value is infinite. This is true in dollar terms, since there is no limit to the amount of dollar debasement that can occur into the future. But it is unrealistic in real terms relative to other assets. The truth is that Bitcoin stands in relative competition with other store
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"If Bitcoin really gets moving, it will become harder to get anyone to sell and have to pry out of their cold wallet. So that was Adam backstage. We went from how Finney predicting this legendary how finny back in 2009 and you have putting his hat in the ring in on February 12th, 2023, but really, really the one that was the most compelling to me, of course. I love how I love out of back. Is someone like Michael saylor and the reason it's the most compelling to me is you have to understand sailor's position. Sailor is the head of a public company. So when he goes on Twitter and say and says something, he's responsible. There's a lot more. There's a lot more people for him to answer to, right? So that's why it's interesting that Michael saylor tweeted this. Now Michael Taylor didn't directly say a number. He didn't directly make a promise, but he definitely linked a sub stack article by Jesse Myers. He goes by cross this Bitcoin on Bitcoin, Twitter, and he goes on to say Bitcoin is competing against gold collectibles are equities, real estate bonds, and money as a store value in the 21st century. Crosses BTC analyzes the opportunity and makes a compelling case for $10 million per Bitcoin. Now, it's really interesting. You have to keep in mind, right? Adam back, we all know that Adam back is a hardcore Bitcoin maxi, like the rest of us. So for Adam back to say this, it's not surprising. It's something that I would say, right? But you have to understand Mike will saylor being the figurehead of a public company, you know, he's responsible to his shareholders. He has a lot more eyeballs. He has a lot more people to answer to potentially the SEC, right? So for him to go out and link this type of article, I think, is a very, very big statement. So I got to take a look at the article. Obviously, we don't have enough time on the show. It ran a little bit late today. But I wanted to read you some pieces that I found interesting. The name of the article is Bitcoin's full potential valuation. It goes on to say everyone gets caught in the weeds.
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"Yo, welcome to some of the Bitcoin library, number one source for the peaceful Bitcoin revolution because of the breaking news culture manic warfare. We will be your guide through the separation of money and state. Incredibly bullish news, bit of hopia. Definitely been of hopium. You can't say it's not hopium, but holy cow, you have Adam back and Michael saylor, very close and very close proximity and time wise, both making the case for ten $1 million Bitcoin. So that's what we're going to cover during the news. But during the culture segment, that's what I'm really excited for. We have the awesome team from the Bitcoin trading card. So we're going to talk a lot about that. I'm sure you guys have been seeing that on the interwebs on Twitter. So many awesome cards dropping the design. So we're going to get into the process behind all of that. We have the whole team. This is going to be the biggest, simply Bitcoin episode in history. And what I mean biggest, that means the amount of people that are coming on the show today live, we've never had this many people before. It's a live show, anything could happen. Let's roll with it. Let's do it. So let's start bringing on all our guests. We have the founder, how you doing, man. Welcome to the show. You're doing great. Thank you for having me. Of course. Thanks, man. Thanks for joining us. We have AC, how you doing AC? Hi, I'm doing wonderful. Thanks for having us. Super excited. Thank you for joining us. We have Murdoch media, how you doing, buddy. Good morning. Doing well. You guys think I'm done? There's more people. Carla, how are you doing Carla? Welcome to the show. Thank you. Good. How are you? Thanks for having us. You guys still think I'm done? We got more. Brandon, welcome to the show. And of course. Last but not least, my awesome co host always optimistic optimist fields, how are you doing opting?
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"On adoption and benefit from the technology. And so definitely check that out. And then interesting the title of this one, a bright orange future, a fireside chat, micro strategy executive chairman hosts a Bitcoin and lightning luminary to share their unique vantage point on the market. So this is really, really exciting, dude. This is really, really exciting. It looks like Michael saylor took that stepping down from the CEO to focus on Bitcoin extremely seriously. And it is, you know, it is really about convincing it really is about convincing companies and corporations that they're responsible to their shareholders. I'm sure a lot of them are public companies, right? You have to convince them why Bitcoin. Now why should we use Bitcoin versus the traditional financial system? And I think that this type of conference focused specifically just on companies just on corporations does just that. So interesting to see how this plays out, there's definitely going to be a ton of videos. I'm anticipating that come out of there and hopefully we'll have some clips for you guys that we can play. And interesting how this works out. Now, I'm going to double down on what we've been talking about the last couple of weeks where I say that right now, 9 bukele on the nation state adoption front and Michael saylor on the public company adoption front. Right now, they don't look very good. They're Bitcoin investments, both of them, down over 50%. If it's a Michael, Michael saylor's case, you know, that's billions of dollar, I think it's a $1 billion or so. So they don't look good. The next having, I really do believe that not only Michael saylor will be vindicated, but also naive bukele. And then that's when I believe you're going to start to see more interest from other companies. And I really do believe it's going to blow everyone's mind. I think right now it's hard to see. But if I told you in 2020 or 2019 that, hey, within two years within two or three years, public companies like Tesla are going to start putting Bitcoin on their balance sheet and a whole nation state is going to make Bitcoin legal tender. You would have laughed me out of the room. So I think, you know, as ngu technology does its thing, I think a lot of things are going to happen that none of us could have ever foreseen, but it's definitely going to be a hell of a ride. I just ask all of you to survive, survive this bear market, take advantage of these awesome Bitcoin prices, these discounts like we like to say,
Cointelegraph
Crypto needs adult supervision and turmoil to grow up Microstrategy cofounder
"1 a.m. Monday, February 6th, 2023. Crypto needs adult supervision and turmoil to grow up micro strategy cofounder. The bankruptcies of one's high profile crypto players are painful, but helpful said Michael saylor, but added industry oversight is still needed.
Bitcoin Magazine
Charlie Munger Doesnt Understand Bitcoin Michael Saylor
"7 p.m. Friday February 3rd, 2023. Charlie Munger doesn't understand Bitcoin Michael saylor. Warren Buffett's right hand man hasn't taken the time to understand Bitcoin. Micro strategies Michael saylor said in an interview with CNBC.
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"You memorize 12 words and you can take that with you. What about them? It's never mentioned. It's never mentioned. It's never mentioned. Now the idea of the 21 million, right? Even if satoshi came back tomorrow and we actually had this discussion last night on simply Bitcoin IRL with Pierre Richard, even if Satoshi Nakamoto came back tomorrow. And we knew it was him. Scientists keys, right? Proved his identity. He could still not change anything. is why the decentralization of Bitcoin is so important. This is why the node network of Bitcoin is so important. This was what the fork wars were about. The most powerful mining consortium in the industry tried together and they tried to change the code. They tried to make bigger blocks. Which would have increased the resource requirement in order to run a node, which means that less and less people would have been able to run a node. The block size is what it is. So that it is the most inclusive, the barrier to entry is cheap enough so that anybody could spend maybe a couple $100 on buying the hardware, or you can even run it on your computer to run a Bitcoin node. The decentralization is key, good luck trying to change that. If I'm a Bitcoin holder, what incentive do I have to change or increase the supply? This is what the change the code campaign is all about, right? You know, the one that the ripple cofounder is funding, you know, basically a social attack on Bitcoin's energy use. They know they can't fork it. If you want to change the code, you want to make 25 million Bitcoin 69 million Bitcoin. 69, 420 million Bitcoin, right? You want to change it, you could fork it when it doesn't mean people are going to use it. As the case with BSV as the case with Bitcoin cash. So a lot of misrepresentations. It is time for Jamie Dimon to debate Michael saylor and so let's see if he can get away because these are just MSNBC reporters. CNN reporters that he can get away with saying a lot of these things try saying these things in front of sailor. Try saying these things in front of, you know, let's say Corey, right? Let's see, let's see how that goes. You're not going to be able to say a lot of those lies in misrepresentations, are you? But first, I want to read a quote that sailor said at the Atlas society and Lynn was kind enough to point out that this was one of the key quotes from the speech. This was the famous speech where sailors said
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"Has financial privilege and you know what, Jamie Dimon? You should debate sailor. You should debate Corey. You should debate safety dean. Let's see if you can get away with those things that you were saying and let's see, let's see you defend the Fiat system. Let's see you defend the Fiat standard because it's definitely benefited you. But has it benefited the average Joe has it benefited 80 90% of us? No, I don't even know. It's a much higher number than that. It's benefited the continuing air class. It's benefited politicians and benefited anybody that is close to the money spigot. But everybody else got hurt. So let's see you try to defend that. Let's see you try to defend that. You attack Bitcoin defend your system and said, do it. Go for it. I doubt you'll be able to. Anyways, and that's why they trash it. That's where they try to character attack Bitcoin, but they can only do that for so long because I'll tell you what, guys, the next cycle. Michael saylor and naim bukele are going to be vindicated. They're going to be vindicated for everybody to see. And it's going to prove two points, okay? That a Bitcoin standard is a viable alternative for a nation state. And all the other countries that don't have strong Fiat money printers, they're going to look at that and say, um, you know what, this IMF dollar thing? That's a shit deal. That's why the World Bank hates it. That's why the IMF hates it. That's why I opted ex-girlfriend Christine Lagarde hates it. And Jamie Dimon, right? And sorry, and then the other component, which I feel like is equally as important. Is Michael saylor is going to prove that holding Bitcoin instead of Fiat for a public company is also a viable alternative. Not only is it a viable alternative, it's a better alternative. And when that happens, all bets are off because it doesn't matter what they try to do. The misrepresentations, the character attacks, the propaganda, the lies. The proof is in the work, and they can't deny it. It's right up in your face. And people like Jamie Dimon, people like Christine Lagarde, the Central Bank, that any central banker, what are they going to say? What is going to be their argument?
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"And what we call this or at least I call this and whatever is paying the price of tuition, right? Most people, unless you get the year of entry, absolutely right, pay a price intuition. That includes Michael saylor and that includes 9 bukele, which are currently paying their price of tuition, Michael saylor is down in Fiat, right? Down billions of dollars or maybe a billion, right? It's down a lot of money, right? And that hurts. That hurts, no matter who it is, but you have to pay it. You have to pay that price. It is what it is. But if you do, right? Not only is it gonna benefit you financially, but it also benefits you psychologically, right? A deflationary mindset is very powerful. The fact that you're purchasing power increases over time versus decreasing is a totally different mindset that most people are on and what it does is it gives you hope for a better future, not it's not a question of how can I ever afford this, it's a question of how long do I have to wait in order to afford this and that is a totally totally different question. Anyways, opti is time for news. Let's check it out. The daily news. Brought to you by blockstream Jade built by bitcoiners for bitcoiners. It's an open-source hardware wallet for the cold storage of Bitcoin. Blockstream Jade houses a full color camera, allowing for fully air gapped Bitcoin transactions. Scan and display QR codes directly on the device, the sign transactions, and verify addresses with ease. Use your blockstream Jade with your favorite wallet software, such as the blockstream green, blue wallet electrum and sparrow. Get yourself a blockstream Jade today and take self custody of your Bitcoin. What is the second best? There is no second best. Anyways, there is no second best.
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"You're your number one source for the peaceful Bitcoin revolution of color breaking news, culture, pneumatic warfare. We will be your guide through the separation of money and state. And make no mistake, that's exactly what we are living through ladies and gentlemen. I also we're back. We're back. We're back in full force. We have a lot of good stuff ready for 2023. We're going to surprise you new content types. I have a lot of ideas we've been cooking over the holidays. Speaking of holidays, I hope you guys had a good break. Good end of the year, good Christmas or, you know, whatever it is you celebrate. But anyways, I want to welcome my awesome co host, the one the only legendary. Optimus fields who's been bunkering down and hosting simply Bitcoin. How are you doing opti? I've seen in the comments like Nico. Be careful. Opt is coming for you. Wow. Man, how could I not be better? We get to show up at the beginning of the year. It's proof of keys days as genesis block day, and we get to create Bitcoin content. And keep everyone on the mission. Last year, my life completely changed this year. We're going to take it up another level. And man, I'm just hyped. I was saying in the space right now, I think we are going to be in for an interesting 2023. I said it all last year, repeatedly like a broken record. We have crossed the mainstream ruby con and Bitcoin is a focal point of conversation everywhere. And I think we're going to only continue on that narrative on that on that front this year. And we're going to see some crazy stuff this year. Quote me now. It's going to be a wild year, whether it's the price, whether it's just legacy media tax or whatever, it's going to be a wild year. I am wholly convinced of this and I was tripping out on it last night, I'm like, man, this year is going to be crazy. I can't wait to put in the work with you guys this year. So let's fucking go. Let's go. And also, guys, we're going to talk about Michael saylor. He bought and then sold some Bitcoin.
CoinDesk Podcast Network
MicroStrategy's Big Bitcoin Bet
"I'm gonna get us started off. Did you think we'd be talking about Michael sailor in this last week of the year? I sure didn't. But micro strategy is still buying up Bitcoin. The company purchased $42.8 million worth of Bitcoin between November 1st and December 21st according to an SEC filing and on the 22nd the company sold 11.8 million worth of Bitcoin to offset previous capital gains, the sale marks the first time that micro strategy has sold its Bitcoin since they began buying it in 2020. Will I am going to pass this off to you. What do you make of this? Micro strategy is just still going strong with their Bitcoin thesis. Is headline is all wrong. We should have a completely different headline. That is that they sold Bitcoin, not bought it, just kidding, of course. This is big news that there's still buying Bitcoin. We'd love to see that. They did sell some Bitcoin, does seem to be for the tax harvesting aspect of that. And for those who are unfamiliar with it, in cryptocurrency and a few other assets, you do have the ability to sell your crypto and to sell into losses and then take a tax benefit for selling it. With securities and stocks and all that stuff, there is a 30 day wash rule, and there's some other components around it that you have to make sure that you follow. And so you don't really get the benefit that you do with crypto. So for a lot of people in November and December, you see a lot of cells. You see a lot of people unloading their digital assets at the end of the year in order to benefit from a loss on your digital assets and roll that into taxes for the next year, which is a great benefit of being in crypto. We'll see if that continues going to the future with IRS rules. But for right now, why not take advantage of it? Stellar buying Bitcoin though, I think that's important to note that Michael saylor, even though he stepped out of CEO, is now overseeing a micro strategy in different way, is still Bitcoin bull. They're still going to be purchasing Bitcoin. This is not a huge purchase compared to some of them in the past. And they're still actually pretty underwater on their overall purchases based on Bitcoin's price right now. But they still seem to have dry ammo and are willing to put more money into Bitcoin, even though we are in a down cycle right now.
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"Get yourself a blockstream Jade today and take self custody of your Bitcoin. All right, everybody. So, a lot to talk about. I thought this was interesting from my understanding. This is the first time Elon Musk and Michael saylor basically interacted with each other. So Elon tweeted that tweeter tweeter, Twitter will soon start freeing the namespace of $1.5 billion at 1.5 billion accounts. Also to note it's really important also that there is some accounts that are historic, right? And one of them being how Finn is, right? How Finney's famous tweet running Bitcoin? That goes from 2009 or 2010, right? Absolutely historic. You don't want that to go away. There's a change dot org petition. I already has 202 102 137 signatures. I think we can easily get that to 500. We don't want house, we don't want house Twitter account being deleted, right? This is a legendary figure in Bitcoin, historic figure. All right, that being said, I also don't think that they're going to be Willy nilly about it like that, but anyways, it's better play it safe. So Michael saylor respond to Elon said, Twitter can add enormous value to the world by organizing the flows of news and views of billions of people and millions of organizations worldwide via branded accounts supporting natural name, logical classifications.
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"Yo. Welcome to another episode of simply Bitcoin live your number one source for the peaceful Bitcoin revolution of color breaking news culture and mima warfare. We will be your guide through the separation of money and say, and that's exactly what we're living through nowadays. Anyways, today is going to be a very special show from my recollection. I think I've seen Michael saylor and Elon Musk directly interact with each other and they were reaching an agreement. And I would even go out on a
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"It underscores the misalignment between the interests and everybody else's, which should worry investors. So it's interesting. So they're angling it. I mean, it is The Wall Street Journal from the perspective of investors. What about everybody else? What if you don't have the means to be an investor? What about that? It's absolute crazy to me. And it kind of goes back to this concept of misaligned incentives, right? In Bitcoin, everyone's incentives are aligned. Everyone could win, right? Of course, Michael saylor has more purchasing power than you, but let's say, you know, you put in a $100, $200 into Bitcoin, whatever, you know, whatever you feel comfortable with, you put it aside, you save it in Bitcoin. You're still going to benefit in terms of percentages just the same as Michael saylor. When Bitcoin goes down, right? The sword cuts both ways, right? Michael saylor because he has more purchasing power. He's going to be down a lot worse than you and Fiat wise, but in percentages, you guys are down roughly the same, right? So I mean, it's just fascinating to me that you can have an entire article justifying 4% theft, that's that makes it incredibly harder for the lower and middle classes. That's okay because investors are going to be hurt, you know? And it's like, look, whatever, whichever way you look at it, it's like in a system where few win and everybody loses versus a system where everybody could win, I don't know. Personally, I think Bitcoin is a better system. It's more equitable. It's more equal, right? Like their system is a scam. It's a system where a few elites get to benefit. Max Kaiser coined the term continuous and everybody else gets holding the back. Look, the reality is, if you're under the age of 35, you own nothing. And their propaganda is at this point where they're even telling you, not it's like, not only do you know nothing, they have to tell you, you owe nothing and be happy. You have to be happy too. And then who's going to own everything. They don't tell you that part. Anyways, opti, what are your thoughts, bro? Clown world confirmed. Well, obviously, but first Nico, you're not supposed to ask that question. Who owns everything? Obviously not us. So hey, stop thinking critically, nikos. Anyways, the amount of coping this article, man, it's insane. It's like, okay, be okay with only losing a little bit more of your money, guys. It's okay. It's not that much. It's only two to 4%. It's not too big of a deal. Guys, be okay with getting robbed, just a little bit, only a little bit. And it just brings me back to the simple questions that we try to ask here consistently since they came up to us about two months ago. It's like, why are we being forced to use a money that is designed to steal from us? Why is this the status quo? And why is there a small cabal of people who control who we can and can't send money to? Who gave them this power? And why do they think that they can decree this from up high? I don't know about you, but hey, I am an American and I do believe in the freedom of association, the freedom to transact the freedom of speech.
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"We will be your guide through the separation of money and state. And that's exactly what we're living through. Anyways, very interesting tweet from Chad sailor Michael saylor. You released the poll. We're going to get to it during the news, but the signal there is, though, what you can surmise, what information you can get from that poll. And honestly, it was very surprising to me as well, because. Supposedly, what do you think the people following sailor into Bitcoin? I don't know, interesting. So we're going to get into that. I haven't been this bullish in a while, and also some cloud news. There are trying to justify higher expectations for inflation, right? And again, if you compare the inflation rate of Bitcoin with the Fiat currency or Fiat currencies regular inflation rate, it's literally night and day. So yeah, Bitcoin continues to win some sauce from Michael saylor and I'm really excited. I don't even know. I don't even know where we're going to cover during the culture, but I want to introduce my legendary co host, always optimistic, wearing the Bitcoin kinder Hardin, kindergarten cap. How you doing opti? How you doing? I am doing wonderful. It is another Monday, and we get to do Bitcoin content. How could it be bad? That's the only cap I don't care that you do free advertising for. Most people don't even know what it is. So shouts out to you for pointing it out, you know? But yeah, man, the culture, our first I'm excited to get the Niko Jones take on the new segment today. And then today guys on the culture, I got a little horror story for you guys. Got a phone call this weekend. And I don't want to scare anyone, but man, I feel bad. We'll get into the culture. So a friend of mine got wrecked. And I want a PSA. We're going to do a PSA today on the culture. So we'll get into it in the culture. All right, let's do this. Let's start the show everybody. I'm really pumped. It's Monday. It's Monday. We got a strong. This is a Bitcoin numbers. Brought
Coin Edition
MicroStrategy Founder Advocates Bitcoins Power in Recent Tweet
"7 a.m. Monday, December 5th, 2022. Micro strategy founder advocates Bitcoin's power in recent tweet. Michael saylor tweets no one can stop Bitcoin when the right time comes. He shares a list of countries with a percentage of crypto owners for October 2022. Sailor shares advice on how to purchase BTC during a bear market. Micro strategy founder Michael saylor recently tweeted that no force on earth can stop Bitcoin when. The post micro strategy founder advocates Bitcoin's power in recent tweet appeared first on coin edition.
Cryptonary
MicroStrategy once again buys the dip as BTC is back above $20K
"For a.m. Thursday, June 30th, 2022. Micro strategy once again buys the dip as BTC is back above $20,000. Michael saylor, the CEO of micro strategy and American company that provides business intelligence, mobile software, and cloud based services revealed via Twitter posts that his firm had once again bought the dip with 480 BTC at an average price of 20,817 per Bitcoin BTC as the market remains bearish. Microstrategy saves the day micro strategy has purchased another 480 BTC and it seems that the crypto community is divided on the same. Peter Schiff, one of the biggest advocates of gold and a huge critic of Bitcoin commented on sailor's post questioning his purchase. Micro strategy has purchased an additional 480 bitcoins for 10.0 million at an average price of 20,817 per Bitcoin. As of 62,822 micro strategy holds 129,699 bitcoins acquired for 3.98 billion at an average price of 30,664 per Bitcoin. 8 17 Michael sailor sailor June 29th, 2022, increasing your stake by less than .004 seems more like an attempt to influence the market by demonstrating your conviction to other. The post micro strategy once again buys the dip as BTC is back above 20 K appeared first on krypton area.
Simply Bitcoin
"michael saylor" Discussed on Simply Bitcoin
"New York Federal Reserve and multiple global banking giants start a 12 week digital dollar pilot. That's right, ladies and gentlemen. The separation of money and state is just one warming up. You saw it from the Biden who could have saw that. Well, if you were tuned in to simply Bitcoin, you would have saw this 9 months ago, bro but yes, this is a separation of money and state is just warming up. Central Bank digital currencies is the state's last attempt to keep you enslaved. So arm yourself with knowledge, take Bitcoin into self custody. That is how we will defeat this monolith man, but look, you saw it from the Biden administration themselves in their future of money, treasury report, you saw it, future of money. They called it future of money, Bitcoin was not mentioned one time. What they did mention over and over again was Central Bank digital currencies because that is what that's what they, that's what will allow them to control you. But anyways, just to recap today's news, Michael saylor, potentially selling $500 million worth of stock to buy more Bitcoin, Adam back thinks it's a good idea. This FTX explosion is leading more people to take self custody of their Bitcoin and breaking news, just breaking right now. It's happening. They're going to start rolling out those Central Bank digital currencies and 12 banks. Those are probably the 12 largest banks in the United States that are going along with it. Holy cow, ladies and gentlemen, we are definitely in the then they fight you stage hold on to your bags because things are definitely going to get a little bit hairy. But anyways, let's get to the cultural let's do this. The daily culture
Coin Stories with Natalie Brunell
"michael saylor" Discussed on Coin Stories with Natalie Brunell
"Peeled version of CNBC, so make sure to check that out on YouTube for all the biggest headlines because we are not afraid to question the mainstream narrative. All right? It's time for the show. Thanks for joining me on this special episode of hard money and coin stories where I am joined by the one and only Michael saylor and what a week to be doing in interview Michael. Thanks so much for joining me. Happy to be here. What a week. FTX melting down, no binance buyout. You called this a teachable moment on TV. So what are the biggest lessons here? Bitcoin not crypto. That's the lesson. I think this week highlights the contrast between the virtues of Bitcoin and the vices of crypto. And it illustrates the wisdom of satoshi. So if we go back to first principles, the entire Bitcoin movement got started because of a loss of faith in the currency and a loss of faith in banks. And so this has gone on since time and memorial banking crisis that froze customers funds and currency crisis that collapse their purchasing power. And Bitcoin was created as a currency that couldn't be debased. Running on an open network so you could be your own bank. And the principle is if you're your own bank and the current and no one has discretion to debase the currency, then you're not going to wake up one morning and find out that your funds have been seized and they've been devalued to zero. Crypto, and the entire movement is almost like the reinvention of Fiat currency and fractional reserve banking. But instead of it being in a regulated environment, it's just an unregulated environment. So ironically, we saw the same human behaviors here. A human being creates a wildcat bank on regulated, then a human being creates their own currency like the FTT token. Then they issue a bunch of it, then they start to leverage it and borrow against it.
What Bitcoin Did
"michael saylor" Discussed on What Bitcoin Did
"There's a 100 million companies and every company has accounting systems that are wired for paying their employees and paying their vendors and selling their products in the Fiat currency in the country in question. So if you were to calculate the amount of money spent on those, the accounting system is the nervous system of all those companies. The nervous system of the companies is set up. So like Oracle and SAP are the only two companies in the world that compete really favorably against Microsoft. They only accounting systems of every big company in the world. And they're almost impregnable, like if you wanted to rip out the accounting system of Coca-Cola, and you spend a decade and you had $10 billion, you probably couldn't do it. And a decade for $10 billion. If I held a gun to your head, and I said, I'm going to kill you and shoot everybody in your finance staff. If you don't rip out the economy, then I'll be dead. The accounting system isn't changing. It's that inertia. It's lawyer like trying to rip out all of the veins and all of the nerves in your arm and keep the arm. It's a brain transplant. It's two integrated. So the economy of the world is wired to run on those currencies. And the only way that you get rid of the currencies is you arm wave away every government and every corporation. So if you could imagine a future where you don't need companies and you don't need governments, then you can probably not have the Fiat currency. But it's definitely not happening in this decade. Well, that's an interesting segue because we can talk about the revolution versus evolution because there's a certain cohort within Bitcoin of people who are consider themselves sovereign individuals or seek the sovereign individual lifestyle who are maybe more hardcore bitcoiners and our co capitalists who definitely would be in the cohort that are challenge you who would maybe consider your strategy is defending the dollar, whereas they want to they want to replace the fair and they want to bring down government and they want to end sovereign currencies, they want everything to be on a bit on in a Bitcoin standard..
The Breakdown with NLW
If You Sell Your Bitcoin, Michael Saylor and Jack Dorsey WILL Buy It
"Before powell spoke investors had started to get nervous in the us around the potential for an early unwinding of the fed's extremely aggressive approach to keeping rates low and stimulus etc. Because of this the market was getting out of stocks and into treasuries driving the yield of treasuries down and by the way if that sounded like greek to you. We're actually going to do a macro one show. And a bond specific show as part of that new kiddo show set as well either way powell gave testimony to the us senate banking committee on tuesday and said that the economic recovery remains uneven and far from complete and the path ahead is highly uncertain the bloomberg headline this morning about it said powell reiterates view that labor market has a long way to go. Pow pointed out that there are ten million fewer people employed. And that's a long way to go to maximum employment and this is really important the mandate the fed is actually two parts market stability. But it's also full employment the tools however that they have to achieve that full employment are limited and what we've seen is that asset prices tend to benefit before full employment is reached over the course of this year. We're likely to shift from the market stability part of that equation to the full employment part of that equation but it still promises a pretty aggressive approach from the fed powell also mentioned digital currencies saying it's a priority and that they'll be reaching out to congress about it in twenty twenty one so we'll have to come back to that soon next up on the brief today trouble in arc land i have discussed kathy would and arc pretty frequently here most recently in the episode last week i find it interesting. How a lot of the macro dynamics that are potentially interacting with bitcoin might be interacting with arc funds as well arc has seen a stratospheric rise over the last year but has been hammered. The past few days in fact it started a couple weeks ago as people started to get nervous about how concentrated arcs of some of their companies were remember. Our funds have specific feces around innovation. So there are frankly. Only so many companies they can buy if their fund owns to high percentage of those companies. The fear goes it could create risk in both directions that an issue in one company could create broader risk for arc or vice versa that arc could create new exhaustiveness risk for the companies themselves over the past few days however the concern has been less about that and more about this rise in treasury yields the innovation. Etf which is their flagship. Fell three sessions in a row. It had its worst today. Drops in september and again basically these yields were reflective as we just discussed of investors thinking that there was going to be pressure for rates to rise and for fed support on wind earlier than expected because of that they were moving out of the pricier parts of the market. I e tak. Now for her part. Kathy would said she wasn't worried said that she welcomed the correction and to be fair. She's gone from three billion assets under management in january twenty twenty two more than thirty in january twenty twenty one to more than sixty billion last week still. I think this is worth watching as a reflection of the bleeding edge of the markets. I don't think. Bitcoin is so correllated that you can watch these things move in tandem. But i do believe that. There's some proxy for how traditional investors might think about bitcoin at any given time based on the macro context lasts up on the today. Let's talk about the latest out of india. India as we've discussed has been very aggressive. Vis-a-vis crypto currencies with that seeming to only heightening right now a couple updates from the last few days rakesh ginger who's likened to an indian warren buffett. The billionaire investor he told. Cnbc never buy bitcoin that. Regulators should step in and ban cryptos in india and called bitcoin speculation of the highest order. So pretty much that. Warren buffett description is accurate at least when it comes to opinions on bitcoin at the same time however he also stated that india should focus on the creation of an official digital rupee. This was echoed by comments of reserve bank of india governor who reiterated that. The rbi has major concerns around cryptos but that they are working aggressively on a digital rupee. I wanted to point this out. Because i think it shows just how much india is going to really draw. This contrast between killing cryptos private cryptos and network cryptos while simultaneously trying to harness that momentum for an official central bank digital currency is that paradigm. That one can't survive while the other one does or are there different ways to look at
Bitcoin Radio
Cryptocurrency and Domains: Real Estate in Cyber Space
"Was listening. Talk about domain. That how you view them as as real estate in cyberspace almost as well as a fixed asset like you find correlations. They're not to get to deviated from cutting your story but like when you look at bitcoin you see any parallels domains or about digital scarcity only one person can own the word voice on the dot com network so the dot com is like the main chain dot. Edu a secondary chain dot io or or dot org. These are all secondary change but the dot com was the primary domain chain. Only one person own voice. One person can own strategy or wisdom or mike or michael and early on. I was very obvious to me that if you owned domain that people understood that they could spell that they could type. That was a much better idea than having the company which is hard to spell and hard to type like imagine. Misspelling a word today as the name of your company it used to be marketing. Guys would say misspell the word. So it's unique but if you try to type a misspelled word into your browser. The spell checker corrects it. So you gotta like a won't correct voice won't correct mike and it won't correct strategy but it will correct strategy with two is and so you can't name. Your company's strategy with two is a why because you can't type it into the browser. It was very obvious to me back. Then that only one person could own the word wisdom on the dot com work. I and they were dirt cheap so i thought i mean not. I couldn't buy from nineteen bucks. But i could buy it for one hundred thousand dollars and if you had one hundred thousand dollars lying around you could buy the word wisdom well. How many people know demeans couple of billion how many people have been taught for eighteen years to the meaning of wisdom and how to spell with them. So you're talking about there must be two three four billion people on the planet that actually know how to find you. If you're sitting on the wisdom domain so so that was the idea behind domain scarcity relates to bitcoin because bitcoin is about digital scarcity all crypto so bitcoin is the main chain dominant chain. I mean there's a theory and then there's car donna and there's llosa and everything else that falls off it's not unlike dot com is the dot. Edu is dot io is the dot. Tv walk clearly. You want to be on the main chain if you can and you want to own scarcity and so i got excited about it back then. Here's what i thought like. If you have the word voice for the next thousand years voices going to mean voice in the english language and if there's ten billion human beings to learn how to speak english even if they spread all the way across the stars voice is going to be voice. And what's what's great about a brand well if you name your company or your product that thing and if a billion people can hear it in one second remember it spell it type it find it valuable. I mean that's worth a billion dollars to own tone a fundamental word on the main chain. So that's why. I bought them and held them. And eventually i sold voice for thirty million dollars last year. I didn't want to but it's the highest quality ears right. Yeah i did. It's the highest price. Anybody ever paid for naked domain. And i kind of wanted just to create a comp and the market so people would realize these things are valuable so the next one goes for one hundred million and the next one goes for five hundred million and the next goes for a billion. But you're talking about owning the english language. What's that worth just like. Bitcoin is about owning one. Twenty one millionth of everything. There's ever going to be like what's that worth right. If more than twenty one million millionaires. Everyone can own a bitcoin right. The only issue is is is dot com the main chain and is bitcoin. The main blockchain right. And what makes it the main one. Well at the fact that everybody uses it. What makes it the main one. And so of a billion people go there first and if they end their conditioned goes to google dot com amazon dot com apple dot com facebookcom numbers going to facebook dot tv so so once you get hundreds of billions or trillions of interactions on a main chain it becomes dominant and that becomes a dominant network. And so i got into that.