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The Podcast of the Lotus Eaters

PREVIEW: Brokenomics | MSTR - Infinite Money Glitch

The Podcast of the Lotus Eaters

lotuseaters.com

Politics, News, Daily News

4.8977 Ratings

🗓️ 26 November 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

Dan investigates claims that a company may have found the infinite money glitch allowing them to make unlimited upside by using the weakness and debasement of the fiat money system against itself. Watch the full premium video: https://www.lotuseaters.com/premium-brokenomics-or-mstr-infinite-money-glitch-26-11-24

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to Broconomics. Now, in this episode, I wanted to talk about a very interesting

0:05.9

company which is potentially turning everything a bit upside down in the traditional finance

0:10.7

world by incorporating a bit of Bitcoin and doing it a bit cleverly. That company is Micro Strategy

0:16.0

MSTR. I did actually record a video on this at the beginning of last week, so normally I record

0:23.7

these on a Tuesday and then they go out the following Tuesday. But basically by Friday,

0:28.5

the story had moved on so much that I felt I kind of had to redo it. So this is my second

0:34.4

attempt at this video. And for that, you are getting me back in the bunker.

0:39.8

I'm recording from home again rather than in the nice fancy studio.

0:44.1

Now, I have had complaints that when I'm in the bunker, I tend to be a bit low energy.

0:48.2

Do apologise, that's probably true, probably more introspective at home.

0:53.3

And I will attempt to liven it up a little bit

0:57.0

this time. It's obviously not ideal doing it at home. Dog is barking, children are making

1:02.7

silly noises, wife is probably going to come through the door asking me to put money in the joint

1:06.4

account or whatever comes next, but I will attempt to pull off a decent video from home.

1:11.9

I'm also going to do this one a little bit differently in that I'm going to try and

1:15.3

front load the front bit that goes on YouTube. I'm going to try and put my summary points

1:21.5

in there because this is the sort of thing that if it's got MSTR in the title, people

1:26.4

click on it who don't necessarily

1:27.9

follow Brokeonomics. You won't get the whole story when I do that bit. So if you're a regular

1:33.4

viewer to Brokeonomics, the stuff that I'm going to say near the start won't make an awful

1:38.8

lot of sense, but then it will make sense when I explain it properly later on. And normally,

1:44.0

I don't put any consideration whatsoever into what makes it into the YouTube cut

...

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