Michael Saylor, Executive Chairman, MicroStrategy – The Bitcoin Buy-in: Embracing a New Paradigm of Digital Capital
Manage episode 456128717 series 3281544
Summary:
With a new, crypto-friendly administration incoming, 2025 may be the year we see Bitcoin integrate more fully into mainstream finance in America and globally. Though volatile, and with an uncertain future that will heavily depend on how macroeconomic conditions and regulatory policies play out across the year, there's reason to believe that Bitcoin could soon be more prominent than ever. Today's guest is here to tell us why.
Michael Saylor is the Executive Chairman and co-founder of business intelligence company MicroStrategy (Nasdaq: MSTR), and a leading advocate of Bitcoin. MicroStrategy considers itself to be the world's first Bitcoin Company, and under Michael's leadership have adopted a unique Bitcoin acquisition strategy with approximately $42 billion in Bitcoin held to date.
Michael will also be the keynote speaker in ICR's 27th annual conference, held in Orlando, Florida in January 2025.
In this episode, Michael describes his journey from skeptic to Bitcoin maximalist, emphasizes the importance of understanding Bitcoin as a digital capital asset, and discusses its potential to disrupt traditional valuation methodologies in finance.
Highlights:
- Michael recommends resources for Bitcoin beginners (2:37)
- Why fear of progress holds us back (3:55)
- Michael points out the clues suggesting Bitcoin is here to stay (7:11)
- What USD maximalists get wrong (13:15)
- How we can understand the potential of Bitcoin through an engineering lens (16:25)
- Why valuation methodologies need to adapt to include Bitcoin (18:48)
- How Bitcoin outperforms traditional investments (28:09)
- Why supportive regulatory environment is crucial for Bitcoin's growth (30:54)
- Michael explains why the current capital market structure favors a select few (34:59)
- Why sound money is critical for societal progress (39:00)
Links:
Book: The Bitcoin Standard by Saifedean Ammous
Feedback:
If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, marion@lowerstreet.co.
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