Michael Saylor
π€ SpeakerAppearances Over Time
Podcast Appearances
So you need a shock absorber to absorb the energy.
And batteries are too expensive, don't work well.
So a Bitcoin miner makes a really good shock absorber when paired with an intermittent energy source or a stranded energy source.
And so that's why Bitcoin hash rate keeps going up.
It doesn't matter whether the price, if the price goes up, it goes up.
If the price goes down, it goes up.
It's always going to grind up.
Because you're always going to have that stranded energy and the cost to mine, the semiconductor cost keeps decreasing.
We just keep getting more efficient with semiconductors than ASIC chips.
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.
Right.
Or, you know, or create digital money.
Right now there's a great opportunity to create a zero of all 8% stable coin type instrument, a stable digital token.
It's powered by STRC, which is powered by Bitcoin.
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.
If you're a crypto entrepreneur, there's the mythical Bitcoin-backed stable coin that pays 8%.
I mean, most stablecoins pay zero or three or two.
So how do you create something that pays eight?
The answer is digital credit.
So that is actually taking the entire DeFi crypto economy by storm right now.