Michael Saylor
๐ค SpeakerAppearances Over Time
Podcast Appearances
By the way, a simple cure is you just sell all your investment assets and you buy gold.
That's what Peter Schiff would tell you to do because there's not any quantum risk there.
But my view is human beings, alarmists are very loud.
And when you post alarmist stuff on Twitter or X, it goes viral.
If you say there's a hurricane in the Caribbean, it's going to actually sink Miami under a wall of 20 feet of water.
It's going to go viral.
Everyone's going to read about it.
You're going to become famous.
None of it's likely to happen.
And on the other hand, the more likely thing to happen, by the way, we did that once.
Once, you know, there was a Twitter campaign, 2018.
People got really worked up over this and they actually evacuated Miami Beach.
They declared martial law and they evacuated large parts of South Florida over the hypothetical theoretical hurricane that was going to sink the city.
They created more damage, tens of billions of dollars of economic damage, and probably more loss of life in the reaction to the fear than if they'd ignored the tweet, right?
And that's a classic iatrogenic example.
And I think that if you sold all your assets to buy gold, the likelihood is that if they do develop a quantum computer, they'll use it to figure out how to synthesize gold and the price of gold will go to zero.
I have a lot more likely to that.
So, look, I have a vivid imagination as much as anyone.
I can give you 10 million threats.
I can also give you 10 million opportunities.