Michael Saylor

So how do we fix the money for a billion people?

And what we realized is the answer is not convincing a billion people to adopt Bitcoin as the currency instead of the dollar or the yen or the euro.

And the answer is not getting them to throw away their bank, replace the government, rethink their world, disclaim interest in all corporations and self-custody, right?

These are all crypto ethos things.

And it's not that I'm not negative on them.

They're all valuable.

after five years, and believe me, I preach Bitcoin to more people than, you know, anybody, you know, it's 1000 hours, and you're going to convince 123% of the people to put 5% of their money into this asset, you're not going to convince 75 year old retirees, right?

Nor should you.

So

What's the great product idea?

Wouldn't it be great if I just bought a product and it paid me money for the rest of my life?

I just want 10%, a bank account that pays me 10% or 8%.

If the natural organic inflation rate is 7%, and I think you can make the argument, and I've made this argument with you guys probably in the past, over 100 years, the natural currency debasement rate is about 7%.

And so if your money is paying you more than 7%, then you're keeping up with the cost of living.

And if you are getting 2%, you're getting debased and you're getting poorer.

So how about bank accounts that pay 8% to a billion people, right?

That's the product.

How do you create that?

So we create a credit instrument and we strip the vol off of it.

You know, we offer 11, but you know,