As concerns rise about inflation, one of the ongoing debates amongst investors is which financial asset would serve as the best long-term, store of value. Michael Saylor, CEO of MicroStrategy, argues that the dominant store of value in the 21st century must be digital, and ideally, this monetary asset takes the form of the Bitcoin standard.
“You want to fix your country like Nigeria or Zimbabwe. The way you fix your country is you buy 2 billion, $3 billion worth of Bitcoin. And you issue currency back to buy the Bitcoin. That is the Bitcoin standard. And every one of your citizens stopped starving to death and they live a decent life,” Saylor told Michelle Makori, editor-in-chief of Kitco News.
Still, skeptics remain. Bill Maher, host of the political talk show Real Time with Bill Maher, has recently criticized Bitcoin by saying “There is something inherently not credible about creating hundreds of billions in virtual wealth with nothing ever actually being accomplished and no actual product made or service rendered. It’s like Tinker Bell’s light. Its power source is based solely on enough children believing in it.”
0:00 – Bill Maher vs. Bitcoin
4:45 – Bitcoin and energy consumption
16:05 – Government regulation of Bitcoin
18:45 – Bitcoin price projection
29:10 – “Bitcoin will make the world a better place”
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28 Comments
Cooked that bill maar fraud
R.I.P Bill Marr 😂
Both democrat and republican have bitcoins. However, When the democrat has bitcoin, he denies having it. Bill mar definitely has some bitcoin.
Economic rights are a prerequisite for civil rights. That is freedom and the bitcoin network is the grand cooperative for mutual security.
As long as we have internet, the economy and digital technology are entwined.
Michael Saylor is so brilliant . I'm grateful to be alive to appreciate this age of Bitcoin and to appreciate him educating the world before it takes over.
8:30. Pure savagery
Michael Saylor is by far one of the brightest minds of our generation! He has an amazing way to captivating you with his metaphors, examples, facts. It's just remarkable. And everything he talked about or answered I 100 % agree.
The sheer volume of facts and figures he has at his command is simply amazing- and the way he uses them to build an utterly compelling unassailable argument is awesome. It is one thing to prove Bill Maher a fool, but by extension did Buffet as well, and ruthlessly without apology. They joke about denying destitute women and children the right to own property. Brilliant.
Dickcoin 😂😂😂😂
Bitcoin is fiat. But it's better fiat than Federal Reserve notes
How does Bitcoin store energy? My computers give off heat when mining it. The energy is just heating my room lol
He said bitcoin is a store of energy? How? Mining bitcoin expends energy
How well is El Salvador doing with bitcoin and serving its people
MICHAEL.. acting like a pro. he's laughing inside. a Con artist
Bill Maher doesn't understand a lot of things 😏
Once you get bitcoin in your hand, you become hooked when you know that money cannot be taken from you and cant be debased by a government or central bank.
Michelle is stacked up like dirty clothes!
lol michael saylor is a better comedian than bill mar. I love his burn on bill.
Buy SATS !
Shout this from the rooftops!
I love how the smug look on her face slowly drained out. She's buying SATs right after this interview lol
Fascinating
Thermodynamic snake oil.
Maher is wrong but this Saylor guy is gaslighting. Lots of fancy sounding statistics and facts only to cover up his special interest. Helping people in Africa have a decent life? Bullshit!
Bill Marr is an arrogant Narc.A small insecure person. – Clinical issues — Saylor is obviously brilliant and has a great personality. to boot. I wish I could hang out with Michael and shoot the breeze about everything from geopolitics to the environment , science , biotechnology. etc..
🤔 im pretty sure if Michael Saylor takes of his shirt we can all see he is made of BITCOIN 😂👍 a gentleman as allways even if someone step on his toes…. he respond : i think the man is a fool 👍 i had a few other not so nice things i proberbly would have said 😂
No wonder lump all in balance sheet … now I understand
That’s why insurance loan cut interest rate …
You are smart of insurance …