BITCOIN SEASON 2: Michael Saylor Wants You to Go Into Debt to Buy Bitcoin (Plus, BTC Mortgages)

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News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 28 June 2025

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

For this week’s Bitcoin Season 2 Writer’s Room, a news roundup that includes some terrible advice from the gigachad himself, and why bitcoin may soon count as an asset when you apply for a mortgage. You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 16,000 Bitcoiners: https://newsletter.blockspacemedia.com Welcome back to Bitcoin Season 2! Today, Charlie and Colin break down Michael Saylor's Bitcoin Prague keynote where he tells people to leverage it all for bitcoin - including borrowing from family members (what could go wrong?). Plus, the FHFA’s directive ordering Fannie Mae and Freddie Mac to recognize crypto as legitimate assets for mortgages, a new Bitcoin stablecoin launch, and the weird on-chain "clocking in" game that's creating the only regular fees on Bitcoin right now. NOTES: • Bitcoin trading at $107,000-$108,000 • Michael Saylor’s BTC Prague Keynote: Debt for BTC • FHFA order for recognition of crypto as an asset for mortgages • Transaction fees only 2 sats per byte • Tether market cap at $157 billion • Crypto market cap over $3 trillion total • Bitcoin market cap over $2 trillion • People clocking in 30+ days straight Timestamps: 00:00 Start 02:10 Saylor says leverage = good 11:37 Bill Putle BTC as loan backing 20:18 Stablecoins on BTC 29:16 Make sure you clock in! - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	Michael Saylor wants you to go into debt to buy Bitcoin.
0:03.9	This has never gone wrong before.
0:05.8	You should totally take him at his word.
0:08.3	Go max out your credit cards, buy a bunch of Bitcoin, sell your house.
0:12.5	Pierre Richard said, sell your chair.
0:14.3	No, you should leverage your chair to go buy Bitcoin.
0:17.6	This and more news this week on Bitcoin Season 2.
0:20.8	Let's kick it off.
0:27.8	All right, Colin.
0:29.3	Are you leveraged to the tits yet to buy Bitcoin?
0:33.3	I feel under exposed because I'm not levered highly enough.
0:36.9	I'm not taking my chair and loaning it out to people for 21% APR.
0:43.3	And I have not sold my family into indentured servitude to own more Bitcoin.
0:48.7	So I am chronically under-exposed, sitting comfy and cold storage Bitcoin purchased without leverage cash-only.
0:57.4	And I think you're right about the fact that this has ended poorly for a lot of people.
1:03.0	It's really funny because we've got this clip of Michael Saylor talking about this,
1:07.6	which we'll actually share later in the episode.
1:09.5	It was from his Bitcoin Prague keynote.
1:12.7	But you have simultaneously Michael Saylor imploring people to take on debt to buy Bitcoin,
1:17.3	and you were saying sell your house to buy Bitcoin, which is an argument I've seen
1:20.0	made from a lot of people.
1:21.4	And then you have Bill Pulte of the Trump administration ordering Freddie May and Freddie
	...

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