Michael Saylor
👤 SpeakerAppearances Over Time
Podcast Appearances
That's good.
We're lucky to have the opportunity.
I think the dollar has emerged as the world reserve currency.
It's becoming the world reserve digital currency.
Yeah.
If you go to Europe, the Europeans don't want the euro.
They want the dollar.
If you talk to the people that create stable coins, you say, what's the demand for the digital euro versus the digital dollar in Germany, in Europe, in France?
They'll say that the demand is 100 to 1 in favor of the dollar over the euro.
So here's what I think is going on macroeconomically.
The U.S.
dollar is the world reserve currency.
Everything's pegged to that.
And, yeah, it's maybe debasing.
It's inflating like 7% a year generally.
Plus some years, like during COVID, it inflated more faster.
And other years it will inflate slower.
But it will gradually just expand at about that 7% a year.
And that kind of works out.
If you kept all of your wealth for 30 years in the dollar, you would notice you got poor.