Michael Saylor

There ought to be an ethical way to do it. I think that the law ought to be simpler. It ought to be just don't lie, cheat, and steal, right? If we go back to this, right, if you believe in free markets, the free market view would be I'm going to give people a way to do these things and just remind them don't lie, cheat, and steal. I'm going to give them a practical legal framework.

If you do that, I think you've got – There's 400,000 big companies that are private. There's 400 million companies. And I think the note that I made last week is 0.06% of the businesses in America are able to tap the capital markets. And so we have a crushing, over-regulated capital market regulatory regime that started in 1933.

If you do that, I think you've got – There's 400,000 big companies that are private. There's 400 million companies. And I think the note that I made last week is 0.06% of the businesses in America are able to tap the capital markets. And so we have a crushing, over-regulated capital market regulatory regime that started in 1933.

And I think that you need an alignment of the White House, the Senate and the House to put in place a freedom innovation oriented digital economy. So I would say right now I'm fairly bullish it'll happen. I think they want to do it. And I think that.

And I think that you need an alignment of the White House, the Senate and the House to put in place a freedom innovation oriented digital economy. So I would say right now I'm fairly bullish it'll happen. I think they want to do it. And I think that.

Again, I don't recommend any particular security or any particular investment other than Bitcoin, but I do think that it's better for the world if we have hundreds of thousands of digital assets created, launched, and I'd like to see the industry go from a trillion of digital assets to $500 trillion of digital assets that are tokenized.

Again, I don't recommend any particular security or any particular investment other than Bitcoin, but I do think that it's better for the world if we have hundreds of thousands of digital assets created, launched, and I'd like to see the industry go from a trillion of digital assets to $500 trillion of digital assets that are tokenized.

Could there come a time where you're pro-Ripple and maybe even to the point that you recommend clients to it? Is there a possibility?

Could there come a time where you're pro-Ripple and maybe even to the point that you recommend clients to it? Is there a possibility?

I'm Bitcoin only, 100%. The truth is I wouldn't even recommend Apple stock. There's no security. I'm not going to recommend it.

I'm Bitcoin only, 100%. The truth is I wouldn't even recommend Apple stock. There's no security. I'm not going to recommend it.

0% chance.

0% chance.

Yeah, I wouldn't recommend a security because there's a counterparty to a security. But the position is, if you came public and you had your own security or token or whatever you had, I wouldn't recommend you either, but it's not because I'm not in favor of your business. I just think that... I think that you have to stay in your lane, right?

Yeah, I wouldn't recommend a security because there's a counterparty to a security. But the position is, if you came public and you had your own security or token or whatever you had, I wouldn't recommend you either, but it's not because I'm not in favor of your business. I just think that... I think that you have to stay in your lane, right?

I'm not going to give you recommendations on diet or politics or any particular investment other than to say I think Bitcoin is digital capital and it's a long-term store of value. And so having said it, though, I'm very much in favor of digital –

I'm not going to give you recommendations on diet or politics or any particular investment other than to say I think Bitcoin is digital capital and it's a long-term store of value. And so having said it, though, I'm very much in favor of digital –

I would like to see digital currencies, digital tokens, digital NFTs, digital ABTs that are commercialized in an ethically sound, economically sound, technically sound fashion.

I would like to see digital currencies, digital tokens, digital NFTs, digital ABTs that are commercialized in an ethically sound, economically sound, technically sound fashion.

I think that's reasonable. For storing purposes, Bitcoin. But how about transaction when it comes down to – because the argument typically will be made for the transaction on how it is with Bitcoin.