Michael Saylor

Yeah, what I say today is it's clear we have a pro-crypto president. They're all in on crypto. They're all in on Bitcoin. They're progressive. They're all about freedom. And freedom means the 20th century security regime was you got to spend $40 million on compliance to bring a company public. But what if I only want to raise $4 million in capital?

How does it make sense that I got to spend $40 million on insurance in order to take a $4 million risk? So I think actually when we come January, depending upon who runs the SEC, I think you'll have a pro-digital assets SEC, a pro-digital assets Treasury, a pro-digital assets White House, a pro-digital House and Senate. Now, if you want the crypto industry to grow and prosper in the United States,

How does it make sense that I got to spend $40 million on insurance in order to take a $4 million risk? So I think actually when we come January, depending upon who runs the SEC, I think you'll have a pro-digital assets SEC, a pro-digital assets Treasury, a pro-digital assets White House, a pro-digital House and Senate. Now, if you want the crypto industry to grow and prosper in the United States,

You need a digital assets framework that is ethically sound, technically sound, economically sound. And that means this is a digital commodity. This is a digital security. This is a digital token. This is a digital currency. This is a digital NFT. This is a digital ABT, asset-backed token.

You need a digital assets framework that is ethically sound, technically sound, economically sound. And that means this is a digital commodity. This is a digital security. This is a digital token. This is a digital currency. This is a digital NFT. This is a digital ABT, asset-backed token.

If you define all those, and I did, by the way, in my keynote at Cantor Fitzgerald last Thursday, which has gone viral, I said, here is your digital asset classes. Now we need the regulators to give us that framework. Tell us how I issue, how I operate, how I own, how I trade. And if they do that well, I think actually we're going to see a massive explosion in digital assets in this country.

If you define all those, and I did, by the way, in my keynote at Cantor Fitzgerald last Thursday, which has gone viral, I said, here is your digital asset classes. Now we need the regulators to give us that framework. Tell us how I issue, how I operate, how I own, how I trade. And if they do that well, I think actually we're going to see a massive explosion in digital assets in this country.

There's no reason why half the equity on the NASDAQ can't start trading digitally. Why not Apple stock trade digitally 24-7, 365? Why not, you know, why not Katy Perry issue a Katy Perry token if she wants? It's not an, it's not an, or how about Joe, or how about your company? PBD, why can't you actually go public and issue your own digital security or digital token token?

There's no reason why half the equity on the NASDAQ can't start trading digitally. Why not Apple stock trade digitally 24-7, 365? Why not, you know, why not Katy Perry issue a Katy Perry token if she wants? It's not an, it's not an, or how about Joe, or how about your company? PBD, why can't you actually go public and issue your own digital security or digital token token?

There ought to be an ethical way to do it. I think that the law ought to be simpler. It ought to be just don't lie, cheat, and steal, right? If we go back to this, right, if you believe in free markets, the free market view would be I'm going to give people a way to do these things and just remind them don't lie, cheat, and steal. I'm going to give them a practical legal framework.

There ought to be an ethical way to do it. I think that the law ought to be simpler. It ought to be just don't lie, cheat, and steal, right? If we go back to this, right, if you believe in free markets, the free market view would be I'm going to give people a way to do these things and just remind them don't lie, cheat, and steal. I'm going to give them a practical legal framework.

If you do that, I think you've got – There's 400,000 big companies that are private. There's 400 million companies. And I think the note that I made last week is 0.06% of the businesses in America are able to tap the capital markets. And so we have a crushing, over-regulated capital market regulatory regime that started in 1933.

If you do that, I think you've got – There's 400,000 big companies that are private. There's 400 million companies. And I think the note that I made last week is 0.06% of the businesses in America are able to tap the capital markets. And so we have a crushing, over-regulated capital market regulatory regime that started in 1933.

And I think that you need an alignment of the White House, the Senate and the House to put in place a freedom innovation oriented digital economy. So I would say right now I'm fairly bullish it'll happen. I think they want to do it. And I think that.

And I think that you need an alignment of the White House, the Senate and the House to put in place a freedom innovation oriented digital economy. So I would say right now I'm fairly bullish it'll happen. I think they want to do it. And I think that.

Again, I don't recommend any particular security or any particular investment other than Bitcoin, but I do think that it's better for the world if we have hundreds of thousands of digital assets created, launched, and I'd like to see the industry go from a trillion of digital assets to $500 trillion of digital assets that are tokenized.

Again, I don't recommend any particular security or any particular investment other than Bitcoin, but I do think that it's better for the world if we have hundreds of thousands of digital assets created, launched, and I'd like to see the industry go from a trillion of digital assets to $500 trillion of digital assets that are tokenized.

Could there come a time where you're pro-Ripple and maybe even to the point that you recommend clients to it? Is there a possibility?

Could there come a time where you're pro-Ripple and maybe even to the point that you recommend clients to it? Is there a possibility?

I'm Bitcoin only, 100%. The truth is I wouldn't even recommend Apple stock. There's no security. I'm not going to recommend it.