Michael Saylor
๐ค SpeakerAppearances Over Time
Podcast Appearances
So the smartest thing for the U.S. to do is to buy up as much of that as they can. So you buy a million coin, that's 5% of the network. Buy 4 million coin, you got 20% of the network. Why not buy 20, 25, 30% of the network? If you buy the network, you can buy it for money, which is effectively free. In fact, you could just sell the gold
swap it to Bitcoin, and then as Bitcoin becomes a $200, $300, $400 trillion asset, you're sitting on anywhere from $40 to $80 trillion gain. And so the logic of this is pretty clear. First of all, All the foreign capital in the world is going to be drawn into the Bitcoin network. So if the United States owns it, then that's like the same as the money coming to the US.
swap it to Bitcoin, and then as Bitcoin becomes a $200, $300, $400 trillion asset, you're sitting on anywhere from $40 to $80 trillion gain. And so the logic of this is pretty clear. First of all, All the foreign capital in the world is going to be drawn into the Bitcoin network. So if the United States owns it, then that's like the same as the money coming to the US.
You're just drawing capital from Russia, from China, from Africa, from South America. It's going to come to the US on the Bitcoin network if the US owns it. The second logic is all the capital from the 20th century is stampeding into the 21st century.
You're just drawing capital from Russia, from China, from Africa, from South America. It's going to come to the US on the Bitcoin network if the US owns it. The second logic is all the capital from the 20th century is stampeding into the 21st century.
So all the money that was invested in crappy bonds and decaying real estate and warehouses falling down and companies that are going out of business, all that money is going to go into the Bitcoin network. So you own the 21st century. And the third idea here is Right now, a lot of people use U.S. sovereign debt as their capital asset, which, as I just pointed out, is minus 5%.
So all the money that was invested in crappy bonds and decaying real estate and warehouses falling down and companies that are going out of business, all that money is going to go into the Bitcoin network. So you own the 21st century. And the third idea here is Right now, a lot of people use U.S. sovereign debt as their capital asset, which, as I just pointed out, is minus 5%.
Every business person knows it's not as good as the S&P index. So if people start to swap out the treasury bonds and they start to buy Bitcoin with it, then you would want to own the Bitcoin because that way you don't have to worry about people replacing the US treasury asset with a Bitcoin asset because the US owns Bitcoin too. So this defends the US reserve currency status.
Every business person knows it's not as good as the S&P index. So if people start to swap out the treasury bonds and they start to buy Bitcoin with it, then you would want to own the Bitcoin because that way you don't have to worry about people replacing the US treasury asset with a Bitcoin asset because the US owns Bitcoin too. So this defends the US reserve currency status.
It defends US economic leadership. It attracts capital from our enemies. It attracts foreign capital. And it actually lays in place a a peaceful, equitable solution to working out our differences with everybody in the world that a business person would appreciate.
It defends US economic leadership. It attracts capital from our enemies. It attracts foreign capital. And it actually lays in place a a peaceful, equitable solution to working out our differences with everybody in the world that a business person would appreciate.
And so, yeah, like if you could buy Manhattan for free with 60 guilders or some glass beads or something and you knew that it was the best port in North America and one day all of Europe is going to come and do business in North America, it would be the best investment going.
And so, yeah, like if you could buy Manhattan for free with 60 guilders or some glass beads or something and you knew that it was the best port in North America and one day all of Europe is going to come and do business in North America, it would be the best investment going.
Yeah, I mean, again, are you in communication with Trump? Do you guys speak often or no?
Yeah, I mean, again, are you in communication with Trump? Do you guys speak often or no?
You know, like I couldn't tell you if I did.
You know, like I couldn't tell you if I did.
I'm not even talking about it.
I'm not even talking about it.
I talked to a lot of people in confidence about this, but maybe more to the point, I'm very public. I mean, the presentation at Bitcoin Nashville that I had had like a million views. And the presentations I've uploaded, the keynote I put up, last week is like half a million views online. So everybody in the industry knows what I think.