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Michael Saylor

πŸ‘€ Speaker
2653 total appearances

Appearances Over Time

Podcast Appearances

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

So you need a shock absorber to absorb the energy.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

And batteries are too expensive, don't work well.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

So a Bitcoin miner makes a really good shock absorber when paired with an intermittent energy source or a stranded energy source.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

And so that's why Bitcoin hash rate keeps going up.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

It doesn't matter whether the price, if the price goes up, it goes up.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

If the price goes down, it goes up.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

It's always going to grind up.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

Because you're always going to have that stranded energy and the cost to mine, the semiconductor cost keeps decreasing.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

We just keep getting more efficient with semiconductors than ASIC chips.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

I think the more lucrative thing to do is buy the Bitcoin or, you know, I would always say, you know, buy digital capital or create digital credit.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

Right.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

Or, you know, or create digital money.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

Right now there's a great opportunity to create a zero of all 8% stable coin type instrument, a stable digital token.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

It's powered by STRC, which is powered by Bitcoin.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

Actually, all of our downstream partners, a lot of partners are doing it, companies like Apex and Saturn are doing it, and their businesses are growing like wildfire.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

If you're a crypto entrepreneur, there's the mythical Bitcoin-backed stable coin that pays 8%.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

I mean, most stablecoins pay zero or three or two.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

So how do you create something that pays eight?

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

The answer is digital credit.

Digital Social Hour
Michael Saylor On Why Bitcoin Will Explode in 12 Months | DSH #2017

So that is actually taking the entire DeFi crypto economy by storm right now.