Michael Saylor
speaker
2,284 appearances
6 recordings
5 series
first heard Nov 2024
last heard 14 Jun
Michael Saylor’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 1.
Appearances
Wouldn't it be great if I just bought a product and it paid me money for the rest of my life?
I just want 10%, a bank account that pays me 10% or 8%.
If the natural organic inflation rate is 7%, and I think you can make the argument, and I've made this argument with you guys probably in the past, over 100 years, the natural currency debasement rate is about 7%.
And so if your money is paying you more than 7%, then you're keeping up with the cost of living.
And if you are getting 2%, you're getting debased and you're getting poorer.
So how about bank accounts that pay 8% to a billion people, right?
That's the product.
How do you create that?
So we create a credit instrument and we strip the vol off of it.
You know, we offer 11, but you know,
If you're a bank in Australia, you could just take that 11 and you could pass through eight, convert it to AUD.
And if you're a bank in Europe, you could offer 6% or 7% in euros.
So we basically create digital credit and we offer it to Deutsche Bank and JP Morgan and Commonwealth Bank and Morgan Stanley and BlackRock and Vanguard.
And if people, you know, if you think of it as just high powered money, what is high powered money?
It's a unit account, a store of value, a medium of exchange.
Well, stable coins prove that they were medium of exchange and unit of account.
But if we cripple their ability to pay a yield, they're not a store of value.
So I want something that's stable to the dollar, but I want it to appreciate, ideally tax deferred, more than 7%.
So, and this is basically, this is me drawing inspiration from the entire crypto industry, right?
The stable coins taught us something.
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