“THE US DOLLAR IS COLLAPSING!” Michael Saylor on The Future of Bitcoin, Money, and Freedom

The Iced Coffee Hour

Graham Stephan/Jack Selby

Entrepreneurship, Business

4.6 • 679 Ratings

🗓️ 2 June 2024

⏱️ 201 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

MasterClass: Visit https://MasterClass.com/ICH for 15% off ANY Annual Membership Babbel: Visit https://www.Babbel.com/ICH to get up to 60% OFF & learn a new language Yahoo Finance: Visit https://www.Yahoofinance.com for comprehensive financial news & analysis Shopify: Sign up for a $1 per month trial period at https://shopify.com/ich https://x.com/saylor https://www.hope.com/ NEW: Join us at http://www.icedcoffeehour.club for premium content - Enjoy! Add us on Instagram: https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan Official Clips Channel: https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w For sponsorships or business inquiries reach out to: [email protected] For Podcast Inquiries, please DM @icedcoffeehour on Instagram! Timestamps: Intro - 0:00 Michael Saylor’s Background (Starting MicroStrategy) - 1:55 Why Michael Bought $250M in Bitcoin During COVID - 4:25 How To Spot "New Trends" Before They Happen - 19:04 Michael Saylor’s Thoughts On AI - 24:53 Why Your View on Money & Economics Is "Defective" - 36:31 Inflation, War & Collapsing Currencies - 42:20 What Is Bitcoin & Why Is It So Useful? - 55:09 The Biggest Pros & Cons of Bitcoin - 1:02:51 BTC vs ETH - 1:08:50 The Human Condition, Power & Bitcoin’s Place In It All - 1:16:57 The Problem w/ Fiat Money - 1:23:48 How the Government Will Start to Regulate Crypto - 1:37:05 Is It Too Late to Buy Bitcoin? - 1:47:29 The Longevity of Bitcoin - 1:54:57 How Bitcoin Mining Will ALWAYS Have Value - 2:24:02 How Michael Learned All This - 2:34:53 How to Not Take on Too Much at Once - 2:48:05 How It Feels to Lose $6,000,000,000 in a Day - 3:00:11 Closing Thoughts - 3:18:41 *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	You have 100 billionaires in a room.
0:01.6	One middle class dude with a $300 gun walks in.
0:05.5	Who's the most powerful person in the room?
0:07.4	The number that matters if you want to either get wealthy or stay wealthy is the rate of expansion
0:13.6	of the currency supply.
0:15.3	And so if you're not actually investing, growing your cash flow, growing your assets,
0:20.1	you're getting poorer. Bitcoin is the system
0:22.4	so diffuse that no one entity or person is systemically important or influential. And everybody
0:28.5	shares this common economic protocol in a fair, equitable, transparent, unstoppable, immutable fashion.
0:36.5	It's famous that you've lost $6 billion in one day.
0:40.4	What were your thoughts like during this day?
0:47.7	Michael Saylor, thank you so much for coming on the iced coffee hour.
0:51.0	This is an absolute honor.
0:52.6	We really appreciate it.
0:53.7	Jack, Graham, thanks for having
0:55.0	me. Your house, by the way, is gorgeous. Thank you. So we've seen plenty of your podcast. We've been
0:59.8	absolutely just binging all of these different shows you've been on. The Lex Friedman one got like 10
1:04.2	million views. Why do you think people care so much about what you have to say? There's like
1:08.7	450 million people in the world that have crypto,
1:12.2	some kind of crypto asset. Bitcoin is spreading virally. There's hundreds of millions of people
1:17.7	that own Bitcoin. This is an idea whose time has come. And it's a fundamental idea.
1:23.7	It is we have developed a technology that empowers humanity and empowers the individual. It provides
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Graham Stephan/Jack Selby, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Graham Stephan/Jack Selby and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.