Michael Saylor

speaker
2,284 appearances 6 recordings 5 series first heard Nov 2024 last heard 14 Jun

Michael Saylor’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 1.

Appearances

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Those are the two large sources of capital that will drive the next phase of development of the entire network.
If you walk down the street and you ask 100 people,
Would you like a crypto asset that's got a 50 vol that's been returning 37% or 40% a year for the past five years?
Like one or two out of 100 will say, yeah, and you have to talk to them for 100 hours.
It takes a while, right?
If you then ask the people, would you like to buy a Bitcoin-backed bond, a 20-year bond that pays you 10%?
Like 20, okay, well, there's some principal protection, but it's a 20-year bond.
How many people do you know have 30-year bonds in their portfolio or 20-year corporate bonds in their portfolio?
Not so many.
And then you say, well, would you like a convertible bond that's got some equity upside and it's a 10-year bond with a conversion rate?
Well, that's not a big consumer thing either.
I mean, convertible bonds are fairly institutional.
There's a segment of the market.
Long-dated bonds are fairly institutional.
If you say to them, would you like a bank account to pay you 10%?
Yeah.
Yeah.
And then would you like a bank account that pays you 10% where the tax is deferred and you don't pay city tax, state tax, or federal tax until you sell the underlying instrument?
Well, so maybe the 10% is deferred for a decade.
Well, I like that even better.
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