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Michael Saylor

๐Ÿ‘ค Speaker
1883 total appearances

Appearances Over Time

Podcast Appearances

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

Not that complicated, right?

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

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.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

And that is this.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

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.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

The money flows into the bank, then it flows into digital credit, then it flows into digital capital.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

Digital capital is scarce, desirable, and cannot be debased.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

The price of the digital capital goes up.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

The collateral goes up.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

We remit the cash flows from the capital gain back to the credit investors.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

So what is the end game?

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

Let's give a billion people a bank account that pays them 8%.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

What is the best product in the world?

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

In my opinion, the best product in the world is a product that you buy once that brings you utility forever.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

What is the universal word in the English language for utility?

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

Money.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

What's the best product?

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

I'm just going to give you four times the monetary yield of the bank, four times the risk-free rate.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

What do I got to do?

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

Nothing.

Bankless
"Fix the Money, Fix the World" โ€” Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)

I could be blind, I can be deaf.