The Bitcoin Bull Bull Bull with Michael Saylor - WBD269
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 14 October 2020
⏱️ 104 minutes
🧾️ Download transcript
Summary
Location: Squadcast Date: Thursday 8th October Company: MicroStrategy Role: CEO
In August, MicroStrategy made the bold move of purchasing 21,454 Bitcoin to add to their treasury, spending $250 million. In doing so, CEO Michael Saylor stated that he views Bitcoin as a "dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash".
The next month MicroStrategy announced that they had doubled down on their conviction in Bitcoin and acquired an additional 16,796 Bitcoin, taking their total spend to $425 million. This move sent a clear message to businesses everywhere that Bitcoin is a valuable asset and can be a key part of a company's treasury.
Following in the footsteps of Microstrategy, last week Square announced that they too had added Bitcoin to their treasury with the purchase of 4,709 Bitcoin for ~$50 million.
In the second part of my interview with Michael Saylor, the CEO of Microstrategy, we discuss his Bitcoin value proposition, his view on maximalism and alts, privacy, decentralisation and the Bitcoin circular economy.
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Transcript
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| 0:00.0 | So I think that Bitcoin is the best hope that people have to make the world a better place |
| 0:09.2 | through providing this sort of sovereign empowerment. |
| 0:13.0 | Who is Saylor? |
| 0:15.0 | Sellers of Bitcoin Bowl, Bowl. |
| 0:18.0 | Hello there from Bedford. |
| 0:20.0 | How are you all? Welcome to the What Bitcoin did podcast which is brought to you by The |
| 0:23.5 | mighty Kraken. So yesterday I released part one of my interview with Michael |
| 0:27.3 | Saylor, the Bitcoin Bull and I said I was going to release part two on Friday |
| 0:31.0 | but you know what because I love you all. You can have it today. |
| 0:34.0 | So here it is, here is Part 2 of my interview with my call, but before that I am going to have a |
| 0:38.5 | quick message from my amazing sponsor. So check them out first and then we'll jump straight into the interview. |
| 0:43.4 | So first up today we have Karsa who are the best in Bitcoin security. Now with Karsa it could not be |
| 0:49.5 | easier to protect your Bitcoin from hackers, personal mistakes, in-person attacks, device |
| 0:54.6 | failure and so much more. I am a customer, been a customer for a couple of months now and |
| 0:58.8 | I'm loving it. I'm so glad I've got the peace of mind I'm not being able to make mistakes myself |
| 1:05.0 | or have other people come to try and steal my Bitcoin. |
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| 1:32.3 | inheritance planning and of course their best in class security. |
... |
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