Michael Saylor
๐ค SpeakerAppearances Over Time
Podcast Appearances
Not that complicated, right?
The irony is, and this is what drives people nuts, they're looking for a complicated solution when in fact the obvious simple solution is right in front of them.
And that is this.
You just step digital credit down to zero vol, convert it to the currency of choice, give people a bank account to pay 6% in yen, 8% in euros, 8% in dollars.
The money flows into the bank, then it flows into digital credit, then it flows into digital capital.
Digital capital is scarce, desirable, and cannot be debased.
The price of the digital capital goes up.
The collateral goes up.
We remit the cash flows from the capital gain back to the credit investors.
So what is the end game?
Let's give a billion people a bank account that pays them 8%.
What is the best product in the world?
In my opinion, the best product in the world is a product that you buy once that brings you utility forever.
What is the universal word in the English language for utility?
Money.
What's the best product?
I'm just going to give you four times the monetary yield of the bank, four times the risk-free rate.
What do I got to do?
Nothing.
I could be blind, I can be deaf.