Michael Saylor
π€ SpeakerAppearances Over Time
Podcast Appearances
I think that's reasonable. For storing purposes, Bitcoin. But how about transaction when it comes down to β because the argument typically will be made for the transaction on how it is with Bitcoin.
I think that there's a massive opportunity for digital currencies, and that would be like stable coins, Tether, Circle. If you look at how people want to transact in the world, they all want to move digital dollars at the speed of light. And the challenge is in the U.S., there is no regulatory regime for a company or a bank or anyone to issue that stable coin.
I think that there's a massive opportunity for digital currencies, and that would be like stable coins, Tether, Circle. If you look at how people want to transact in the world, they all want to move digital dollars at the speed of light. And the challenge is in the U.S., there is no regulatory regime for a company or a bank or anyone to issue that stable coin.
I mean, there's two issues they've got to resolve, like how do I back it, presumably with treasuries, and then how much freedom do I have with regard to the transference? That's an AML-KYC issue. And I think that under a red administration, you probably get a lot more freedom. But ultimately, it's above my pay grade to decide that. I would just say β
I mean, there's two issues they've got to resolve, like how do I back it, presumably with treasuries, and then how much freedom do I have with regard to the transference? That's an AML-KYC issue. And I think that under a red administration, you probably get a lot more freedom. But ultimately, it's above my pay grade to decide that. I would just say β
that right now it's about $150 billion asset class, and it's very obvious the people have spoken. They want it. They need it. It's a humanitarian thing if you live in Venezuela or Cuba to have access to digital dollars. But I think that with a digital framework for digital currency that's endorsed by the administration, I think it goes from $150 to $1 trillion to $2 trillion to $10 trillion.
that right now it's about $150 billion asset class, and it's very obvious the people have spoken. They want it. They need it. It's a humanitarian thing if you live in Venezuela or Cuba to have access to digital dollars. But I think that with a digital framework for digital currency that's endorsed by the administration, I think it goes from $150 to $1 trillion to $2 trillion to $10 trillion.
And I actually think that that would create $10 trillion of demand for U.S. sovereign debt. It would be good for the dollar. But I also think that that would ripple through to China, to Russia, to South America, to Africa. The biggest geopolitical issue is our enemies and our friends may complain because nobody wants to use any currency other than the dollar.
And I actually think that that would create $10 trillion of demand for U.S. sovereign debt. It would be good for the dollar. But I also think that that would ripple through to China, to Russia, to South America, to Africa. The biggest geopolitical issue is our enemies and our friends may complain because nobody wants to use any currency other than the dollar.
Look, no one wants to use the euro in Europe. They want to use the dollar in Europe. So you're going to actually have all sorts of politicians complaining to the State Department that our citizens are using the dollar. But if you want to spread the dollar to the world, you've got to do it digitally.
Look, no one wants to use the euro in Europe. They want to use the dollar in Europe. So you're going to actually have all sorts of politicians complaining to the State Department that our citizens are using the dollar. But if you want to spread the dollar to the world, you've got to do it digitally.
And I think it would be good for American values and ultimately it would be good for the world if we did support it
And I think it would be good for American values and ultimately it would be good for the world if we did support it
I want to transition to the next thing. You had a moment with Scottie Pippen, which I thought was kind of interesting. You guys are sitting next to each other. Rob, if you can play the clip. And while you're sitting next to each other, this is him. The interviewer asks him, I don't know if this is it, Rob. I sent you one that's a lot shorter than this. This is 33 minutes and 40-something seconds.
I want to transition to the next thing. You had a moment with Scottie Pippen, which I thought was kind of interesting. You guys are sitting next to each other. Rob, if you can play the clip. And while you're sitting next to each other, this is him. The interviewer asks him, I don't know if this is it, Rob. I sent you one that's a lot shorter than this. This is 33 minutes and 40-something seconds.
There's one I sent you that is... Let me see. I don't know if I sent it to you or not, but there's one that's literally here. I have it. I'll text it to you if you want to look at it. You're sitting next to Scottie Pippen. Scottie Pippen is a basketball player, used to play with Michael Jordan, and he's being asked about Satoshi.
There's one I sent you that is... Let me see. I don't know if I sent it to you or not, but there's one that's literally here. I have it. I'll text it to you if you want to look at it. You're sitting next to Scottie Pippen. Scottie Pippen is a basketball player, used to play with Michael Jordan, and he's being asked about Satoshi.
And Pippa makes claims about the fact that he's known him since the early 90s. And Michael, if there's any facial reactions that should end up being a meme or should be used for other videos, it's yours. Because, folks, I want you to focus on Michael's face. You don't make a lot of facial reactions. You're typically very stoic. But in this moment, you couldn't control yourself. I want to know why.
And Pippa makes claims about the fact that he's known him since the early 90s. And Michael, if there's any facial reactions that should end up being a meme or should be used for other videos, it's yours. Because, folks, I want you to focus on Michael's face. You don't make a lot of facial reactions. You're typically very stoic. But in this moment, you couldn't control yourself. I want to know why.
Go ahead, Rob.