Michael Saylor
π€ SpeakerAppearances Over Time
Podcast Appearances
But if you asked the average person in America today, do you want to actually pull a tractor or pull a plow on a farm?
The answer is no.
The job went away and nobody misses it.
You know, there are plenty of jobs that are just difficult jobs.
And I think everybody would like to live.
They like to live happily ever after.
And so we know we need income.
Maybe we want a job that we enjoy.
The world's going to have to change in order to give people more of everything.
And I think that if we have good leaders and they act with grace, they'll find a way to make that the most graceful, kind change they can.
Yeah, the reason I believe that is because every four years, the amount of Bitcoin produced by miners gets cut in half.
And right now, you know, they produce 450 Bitcoin a day.
In two more years, it'll be reduced to 225 Bitcoin a day.
If you take the price of Bitcoin and do the math real quickly, it's, you know, it's like 32, 33 million dollars of Bitcoin a day available for sale.
I feel like a lot of people just accepted getting ripped off by their bank.
All the miners in the world, that means in two years, there'll be $15 million of supply taken out of the system.
The Bitcoin spot market trades $20 billion a day.
$20 billion.
Wow.
We're going to take $20 million out of the market, right?