Michael Saylor on The Bitcoin Revolution: Why Bitcoin at $13 Million Is Inevitable and Will Dominate the Global Economy | PT 2

Tom Bilyeu's Impact Theory

Impact Theory

Education, News, News Commentary, Philosophy, Technology, Society & Culture, Business, Self-improvement

4.7 • 5.1K Ratings

🗓️ 18 December 2024

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Tom Bilyeu sits down with Michael Saylor, executive chairman of MicroStrategy and one of the most prominent advocates for Bitcoin, to break down why Bitcoin is far more than a digital currency—it’s a revolution in economic physics. In this mind-expanding episode, Saylor explains why inflation is stealing your wealth, why Bitcoin will become the global standard for long-term capital, and how it could skyrocket to $13 million per coin. From practical advice for individuals to a bold strategy for world leaders, this conversation is a masterclass in digital capital and the future of money SHOWNOTES [01:44] – How MicroStrategy became the most successful Bitcoin-backed stock in history. [10:18] – Why MicroStrategy remains relevant despite the Bitcoin ETF launch. [20:57] – Addressing the quantum computing “threat” and Bitcoin’s adaptability. [25:16] – How transaction fees will sustain Bitcoin mining indefinitely. [34:37] – Michael Saylor’s advice to the U.S.: Bitcoin, stablecoins, and securing economic dominance. [49:57] – Can Bitcoin solve the global economic crisis? Eliminating toxic capital. [01:07:21] – Why the U.S. is poised to lead the “crypto renaissance” in the next four years. [01:14:15] – The future of AI and Bitcoin: How digital intelligence will drive digital capital. CHECK OUT OUR SPONSORS Range Rover: Explore the Range Rover Sport at https://landroverUSA.com Miro: Bring your teams to Miro’s revolutionary Innovation Workspace and be faster from idea to outcome at https://miro.com Betterhelp: This episode is sponsored by BetterHelp. Give online therapy a try at https://betterhelp.com/impacttheory and get 10% off your first month Netsuite: Spend less time looking backwards, and more time on what's next. Download the CFO's Guide to AI and Machine Learning at https://NetSuite.com/theory NordVPN: EXCLUSIVE NordVPN Deal ➼ https://nordvpn.com/impacttheory Try it risk-free now with a 30-day money-back guarantee! Vanta: Get $1,000 off Vanta when you go to https://vanta.com/THEORY ********************************************************************** What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER SCALING a business: see if you qualify here. Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here. ********************************************************************** Join me live on my Twitch stream. I'm live daily from 6:30 to 8:30 am PT at www.twitch.tv/tombilyeu ********************************************************************** LISTEN TO IMPACT THEORY & MINDSET PLAYBOOK AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	I'm Tom Billu and this is Impact Theory. Let's dive right back in to part two with Michael Saylor.
0:06.9	Do you think that as quantum computing rises up because recently the Google made the Willow
0:12.6	announcement that it's able to run computation so much faster, will Bitcoin simply adopt a new security protocol?
0:24.0	What will that look like?
0:25.3	I think that that was a marketing announcement by Google.
0:28.9	I mean, there doesn't seem to be any single practical application for their benchmark.
0:33.1	So they created a quantum benchmark.
0:34.9	They announced that they perform well on the quantum benchmark,
0:38.1	but there's not any useful application for it
0:40.3	anywhere in the world, right?
0:42.8	That's the first observation.
0:45.1	So you might be getting concerned,
0:47.2	but no one's come up with anything they can do with it.
0:51.8	So the second, my second observation is if you create a
0:59.0	powerful computer, the very obvious thing you could do with it to make money is to mine Bitcoin
1:05.9	with it. And so the first place to use a powerful computer is to mine Bitcoin, which increases the security of the network.
1:13.6	My third observation is, if you really come up with a computer powerful enough to crack cryptography,
1:22.6	the first thing you're going to crack is Google itself, right?
1:26.3	Do you think that Google would sell a
1:28.0	computer that destroys its own network, which is kind of ironic to me, right? Like, that's also
1:34.7	the acid test, right? If you're going to crack the cryptography, you would actually crack the
1:40.6	networks that Google, Apple, Amazon, Microsoft run, and then you would crack every
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Impact Theory, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Impact Theory and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.