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.
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.
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.
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.
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
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
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
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
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!
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.
I wishing everyone out take the time to watching this RU-vid 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 😊☺🙏😀🙂
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
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!
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.
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.
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 RU-vid. This seems like a new phase in the life cycle of crypto currencies.
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
@@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.
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.
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.
Bravo! for the presentation... for us Engineers, the perspectives and analogies presented by Mr. Saylor are flawless...Thanks Peter for a quality guest
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!!!!!
Awesome information sharing Mike. Whoah!!! How I personally heard about the coin BTC is inexplicable. That's something which kept on being echoed at the back of mind. Until I decided to sit down and keep googling about the word coin. I'm still on trying to get more insight about it. I'm part of it though still in need of getting more and more information. But trust me I'm really positive of BTC crypto currency.
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.
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.
Thank you for keeping us alert of scammers. Yes, we are on the one sceptical about who to trust. We're with all WISDOM to get to understand and be able to differentiate... Thank you good people there.
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 📊📈📊📈📈📊📈📊📈📈📊📊📈📈📈📊📊
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.
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?
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.
Watch anything with Michael Saylor. The man is a genius. Start with a "Masterclass in Economic Calculation" followed by the podcast with Nathaniel Whitmore?
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.
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
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.
Great interview. I’ve been a longtime abra customer. I had one problem but it was fixed rather quickly. I wish abra would add hex to its portfolio of crypto assets. I’ve been asking them to add hex since before hex was even a penny. Now at 8 cents maybe they will finally add 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
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 ✔
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
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!
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 .
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.
This was a great interview. Thank you. I recommend reading a book called Chase People Not Money. This book explains clearly why every company who does not operate in what this books explains will sink faster than ships with the introduction of the cannonball.
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.
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!
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.
What if utility-scale solar-powered retirement communities traded their excess energy in cryto? Could they "crypto mine" in their spare time? Could the electrical grid managers be the new banks? Could the grid be a new social security system outside of government control?
Wow. What a discussion. Very informative. Turned my perspective on bitcoin and cryptocurrencies upside down! Indeed, a paradigm shift! Efharisto, Peter.
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
So insightful. Thank you so much Peter, Michael and Bill for this brilliant conversation. Created a larger context for me to understand how we can have an integrative hybrid financial system (my personal preference and perspective) based in advanced technology and engineering. Bravo!
Our Brains are hard wired from first impressions to hang on it and convince you its right, you store everything , if there is a strong emotion attached its hard wired , when awareness is achieved there is no limit, say hello to Bitcoin .
True what he said about precious metals as long as paper trading is defining the price of the asset. However that is not given that it will always continue to be manipulated as it is today, only we don't know for how long.
Investing in bitcoin is the best investment anyone can do this, because it has made a lot of people millionaire. I pray that anyone who reads this will be successful in life
