Michael Saylor

So we have a system which made sense in the 20th century maybe, but the point with Rothbard is it was always about restraint of trade. It was to create a cartel and to centralize power, centralize access to the capital markets to just a small set of big companies. They were locking out the entrepreneurial bankers and the entrepreneurs in 1933.

It's just been turning of the screws to make it harder and harder. And the elephant in the room is if there's 400 million companies in the world, how come there's only 40,000 publicly traded ones? And when you're publicly traded, how come you're not publicly traded on Saturday night? What's unethical? What's unethical about wanting to take custody of my own property?

It's just been turning of the screws to make it harder and harder. And the elephant in the room is if there's 400 million companies in the world, how come there's only 40,000 publicly traded ones? And when you're publicly traded, how come you're not publicly traded on Saturday night? What's unethical? What's unethical about wanting to take custody of my own property?

I think that's coming. I think that's coming. I mean, think about what happened with New York Stock Exchange and NASDAQ. And you're looking at what Texas Stock Exchange is doing. We're not going to go by the DEI and all the ESG bullshit that you guys are doing. Here's how it works. Come on in. It's all about profits, growing a business, et cetera, et cetera.

I think that's coming. I think that's coming. I mean, think about what happened with New York Stock Exchange and NASDAQ. And you're looking at what Texas Stock Exchange is doing. We're not going to go by the DEI and all the ESG bullshit that you guys are doing. Here's how it works. Come on in. It's all about profits, growing a business, et cetera, et cetera.

And obviously we'll see what's going to happen with it. I think disruption's coming. They no longer have a choice. They can try to play as many games as they want to. But Rob, I want to play a couple other clips and then we'll wrap up. We're at 350. We'll finish up in five minutes. Here's a clip on when it was Bitcoin a few years ago. Remember, young guys watch stuff all the time.

And obviously we'll see what's going to happen with it. I think disruption's coming. They no longer have a choice. They can try to play as many games as they want to. But Rob, I want to play a couple other clips and then we'll wrap up. We're at 350. We'll finish up in five minutes. Here's a clip on when it was Bitcoin a few years ago. Remember, young guys watch stuff all the time.

Here's Dan Pena, who amongst the young, he's gone viral many times. Here's what he said about Bitcoin one time. Rob, if you want to play this.

Here's Dan Pena, who amongst the young, he's gone viral many times. Here's what he said about Bitcoin one time. Rob, if you want to play this.

This is why we're protective of Satoshi, because people say this stuff in order to attack the network. And it's like me saying, you know, I know who founded your religion. And as soon as I let it out to the general public, people will realize you're living a lie.

This is why we're protective of Satoshi, because people say this stuff in order to attack the network. And it's like me saying, you know, I know who founded your religion. And as soon as I let it out to the general public, people will realize you're living a lie.

But the point is, the great thing about today's market is, Everybody can talk. Someone's going to be right. Someone's going to be wrong. And when it's wrong, it's public to everybody. We've all had it before. I mean, it's happened to me. It's happened to you. It's happened to all of us, right? But when you get it at a public level like this, saying you know exactly what's going to happen to it,

But the point is, the great thing about today's market is, Everybody can talk. Someone's going to be right. Someone's going to be wrong. And when it's wrong, it's public to everybody. We've all had it before. I mean, it's happened to me. It's happened to you. It's happened to all of us, right? But when you get it at a public level like this, saying you know exactly what's going to happen to it,

and then a market sees it. I don't know what happens, what the market's reaction to it. By the way, last thing before we wrap up, I like Michael Burry. Have you ever had any, what are your thoughts on Michael Burry? I think he had a position on Bitcoin at one point, and he said he recommended to sell. I shouldn't have said that. Do you follow what Michael Burry says with Bitcoin?

and then a market sees it. I don't know what happens, what the market's reaction to it. By the way, last thing before we wrap up, I like Michael Burry. Have you ever had any, what are your thoughts on Michael Burry? I think he had a position on Bitcoin at one point, and he said he recommended to sell. I shouldn't have said that. Do you follow what Michael Burry says with Bitcoin?

I guess Michael Burry would be at my trader level. Michael Burry would be at the trader level. He's not a Bitcoin investor or a Bitcoin maximus for sure. He's a guy probably that sometimes he thinks he should buy it and sometimes he thinks he should sell it. But I don't have any other opinion on him.

I guess Michael Burry would be at my trader level. Michael Burry would be at the trader level. He's not a Bitcoin investor or a Bitcoin maximus for sure. He's a guy probably that sometimes he thinks he should buy it and sometimes he thinks he should sell it. But I don't have any other opinion on him.

Okay. Well, Michael, it's great to have you on again. Every time we come, I get smarter, I get better, and people buy more Bitcoin. So appreciate you for doing your, as you say, public service.

Okay. Well, Michael, it's great to have you on again. Every time we come, I get smarter, I get better, and people buy more Bitcoin. So appreciate you for doing your, as you say, public service.

Thank you for having me.