Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And we would eliminate the two years or three years of friction.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
Right now, it takes three years to take a company public.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
It's ridiculous, right?
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
It takes a year to raise a small amount of money.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
The amount of money people spend on lawyers is greater than the amount of money that they need to raise in most cases.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
So, yeah, I would have a digital token which people could use to raise capital.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And we would have digital exchanges that, you know, work 24-7, 365, that were friction-free, that, you know, had massive functionality.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And the AIs would trade with the AIs a billion times a minute.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And we would be able to tokenize every security.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
So every single security would be tokenized and be trading 24-7, 365 with self-custody everywhere in the world.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And the world would be a better place.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And I published that, I think March, I went to the White House summit and I published a digital assets taxonomy.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
I posted it on my accent on my webpage.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
That would have been March of 2025, about a year ago.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
But the point is, it's above my pay grade, right?
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
No one's asking me.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And I don't think we're going to get 100% pure, you know, digital assets moving at the speed of light with all of the guardrails taken off.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
I think
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
There's a tension between TradFi and the established financial structures and the established banking, established securities, established law, established whatever.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And the crypto ethos, permissionless, self-custody, you know, friction-free, perfect everything.