The Predator-Prey Dynamics Of Bitcoin: Michael Saylor - Bitcoin Magazine
Host: / mcshane_writes
In this Bitcoin Magazine Interview with host Alex McShane, Michael Saylor discusses initially buying Bitcoin for MicroStrategy, number go up mentality vs. Bitcoin maximalism, Bitcoin as digital property, Bitcoin as energy, the human right to property, the predator-prey dynamics of Bitcoin, and his bullish future outlook.
Transcript: bitcoinmagazine.com/culture/m...
0:00 Why Microstrategy Bought Bitcoin
8:00 Number Go Up Technology
21:16 Utilitarian Aspect of Bitcoin
29:10 Demonetization of Other Assets
53:31 Open-Source Systems vs. Closed Source
58:41 Self-custody and Bitcoin Applications
1:14:41 Predator-Prey Dynamics and Competition
1:30:56 Closing Remarks
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@dottiea.2186
2 жыл бұрын
I like how he goes through the Industrial and energy revolution 👏 to explain the common principles to Bitcoin....💰💰
Kudos to the host: no interruptions, let the smartest guy on the chat speak.
@ggrthemostgodless8713
2 жыл бұрын
A lesson that basically all other hosts should learn... I wonder why those others don't get it that we clicked on the video because of the name in the title... That guy from "What Bitcoin Did" is horrible at this, constantly putting words in the host's mouth by talking and stating a lot of things, then he asks "do you agree" and out of politeness they normally do; very few open ended questions there.
Once again… the only thing better than bitcoin is michael saylor educating the masses on bitcoin. Pure wealth of knowledge is inspiring.
@TheBitcoinRevolution
2 жыл бұрын
The man who influenced me to go down the rabbit-hole...
@robertonofrio7693
2 жыл бұрын
Just the point that Michael would take the time to educate everyone with the passion that he has is amazing. I hear people say " Micheal is just doing this to boost his investment " exactly who wouldn't, stop making it sound like something sinister, Bitcoin will revolutionize our whole economy.
@llim80
2 жыл бұрын
I wonder if it was Saylor who invented BC? His level of knowledge of BC is God mode.
Love how Alex is left speechless most of the interview. Saylor is just a bitcoin knowledge beast.
Saylor is actually a genius. We are so lucky to have him.
@michealsaylor6028
2 жыл бұрын
Thank you
@llim80
2 жыл бұрын
There is a concept in baseball called WAR, which basically measures value over a replacement player. If there was a WAR for CEOs most CEOs would have a WAR of 0 meaning they are for the most part replaceable. In baseball a WAR of 10 or over for a season is incredible. Saylor would have a WAR of 1 million even if he didn't do a single other thing for the rest of his life. God bless this man!!!!
@curdanivia
2 жыл бұрын
totally agree! A gem! He is impressive every single time I listen to him
@michealsaylor6028
2 жыл бұрын
Bitcoin is actually certain to rise very soon and this is the time to do something out of it I will be helping my subscribers trade their crypto if interested let us know here
@-envixty
2 жыл бұрын
No he is a theif that steals KZread channels
I’m in awe of Saylor’s knowledge and his ability to articulate it to the masses.
every time I listen to Saylor I feel like taking a loan and buying more Bitcoin lol....
@gisellmorales5007
2 жыл бұрын
Me too!
@llim80
2 жыл бұрын
I already took out every loan I could. At this point, I'd even knock off banks to buy more bitcoin. Saylor is a freaking GOD
@robthebongoman3351
2 жыл бұрын
Absolutely
@curdanivia
2 жыл бұрын
same here!
@alecpayne18
2 жыл бұрын
Same lol
Saylor's interpretation of Bitcoin as storing electric energy without energy loss is genius
@TheBitcoinRevolution
2 жыл бұрын
He is an engineer by trade and MIT educated. He always references physics e.g. thermodynamics. The man's a genius.
@BitcoinMagazine
2 жыл бұрын
Few.
@AnhVu-cy5jv
2 жыл бұрын
You have a time stamp? I couldn't find it
@thisguy3147
2 жыл бұрын
the electric energy is lost. now its a property in cyberspace xD with questionable security.
@ThomasPisz
2 жыл бұрын
Digital Energy.
Every Michael Saylor interview blows everytime my mind🤯
@TheBitcoinRevolution
2 жыл бұрын
If not seen, watch Saylor's a masterclass in economic calculation. Rabbit-hole followed, thereafter.
@mistersmith7391
2 жыл бұрын
Just another boomer.
@TheBitcoinRevolution
2 жыл бұрын
@@mistersmith7391 Saylor is never "just..."
@llim80
2 жыл бұрын
I would pay Saylor to work at Microstrategy. I really would.
@notsofast3503
2 жыл бұрын
@@mistersmith7391 Saylor is living rent free in your head too.
Man Saylor is a machine. He is looking a little tired, but this man has been giving this schpeil to every KZreadr on Earth for almost a year now. Like he must do this 3 times a week. Half of his brain is sleeping the whole time. What a hardworking marketing machine
@CmdrCorn
2 жыл бұрын
I mean this in the nicest way possible of course. He thinks about and articulates matters of finance in ways I would be challenged to document in a week, and with extreme clarity, even to a layman of either finance or Bitcoin
@Samsonight33
2 жыл бұрын
@@CmdrCorn agree, very very high IQ
@WKLNETWORK
2 жыл бұрын
Most probably can't sleep well every night due to Bitcoin keep falling
I bought Bitcoin immediately after listening to Saylor.
@llim80
2 жыл бұрын
Same here. I also siphoned off all my mom's money to my account and bought bitcoin for her as well.
Saylor is a gem. Never ceases to amaze me with his brilliant mind.
(35:01) That's exactly what I do myself to maximize my utility. One month of expenses stay in stablecoin (my local currency that local retailers accept) and the rest in btc (my appreciating store of value). Thanks for another great interview with Michael Saylor!
Simply Brilliant! I wish Saylor would take the ministry of Education & Financing! Big Hug Michael!!!
Excellent interview. Great restraint in allowing MS to articulate view and vision. One of the best chats, yet. Thank you!!
Every time I listen to Michael Saylor I just want to buy more Bitcoin 🥳
@konstantink6299
2 жыл бұрын
I have the exact same problem 😄
@Inzyman100
2 жыл бұрын
Makes 3 of us!
@emadali4833
2 жыл бұрын
I'm too
@user-sb6rt9mu9y
2 жыл бұрын
👆👆👆 Join a profitable company without stressing about your work, is a simple trading system just to get your plan of your choice and make a lowest of $2,000 with just a little amount of investment, you can make upto $40,000 to $200,000 within a month depending on your plan of investment
Michael, you are an important voice for this space. Keep up the great work!
My GOD this man is articulate.
Watching this video has changed the way think about Bitcoin completely. I can understand now that it is indeed a store of value, which presents endless value in derivatives. It also influences me even more to continue buying and holding. And most of all, it gives me strong hope.
Love the way Michael Saylor explains the benefits of Bitcoin compared to fiat, or gold. Great education from all he shares. Thank you, Michael.
When Michael Saylor speaks...You listen.
@llim80
2 жыл бұрын
When Michael Saylor commands I obey.
@1:34:50 is the greatest summation of every Bitcoin doubting conversation.
@sungcha3563
2 жыл бұрын
So true. The ignorant FUD spreaders spout the same points over and over, even though those points have all been answered and put down.
@chrismale9976
2 жыл бұрын
He's awesome
the best host for saylor.. just stays and listen
Great interview, you let the genius talk, the brilliant mind of Michael Saylor.
Every Saylor video is severely underrated. It's more relevant and applicable to everyone than any MBA traditional finance course you have ever taken or can take.
@dustinmatlock
2 жыл бұрын
People are unaware. If we want better ratings we need to raise understanding and awareness.
@roberthodgson3574
2 жыл бұрын
This is a sub-module in an MBA if you have an open-mind.
This is how it sounds when you don’t have to lie, shill or missing a smudge of conviction.
He is the thinking Billionaire- the best part he has done the thinking for us and educated everyone that wants to listen to him. He should be given the the TIMES man of the year for educating the world
MICHAEL SAYLOR IS BECOMING THE RICHEST MAN ON EARTH 🌍
@es106395
2 жыл бұрын
Depends upon your definition of rich. Some of us are already rich...no coin needed.
@smithric
2 жыл бұрын
Gigachad
@timazbill7746
2 жыл бұрын
Max keiser likely has more btc than Mikey
@ryszardmacko6306
2 жыл бұрын
How do you know? Are you jealous?
@TOMinPDX
2 жыл бұрын
@@es106395 And yet here you are writing a comment on a video about bitcoin. You must be sooo rich. Yawn.
Priceless perspective.. Long Live BTC 👑
Giga Chad is just taunting in this one lmao
We are living in amazing times folks. Bitcoin will make the world a better place for all.
@llim80
2 жыл бұрын
Bitcoin and Michael Saylor. Amen brother. I am waiting until he becomes President.
Thanks for sharing These Video with me.
He is a genius, his mind goes at 1,000% while mine tries to understand like an elementary kid. Thank you Michael to explain Bitcoin as easy as possible!!! I trust your knowledge and intelligence. Here I am trying to buy as much as possible, thanks!!
Thank you mr. Saylor for giving so much of your time.
"There are NO informed crtitiques" Love it! (@1h35m)
@roberthodgson3574
2 жыл бұрын
Exactly, all FUD is uninformed.
Extremely interesting and insightful for me to listen to this. Learned a lot. Thank you so much!
If you don’t have the same convictions on bitcoin as saylor, then you are just a tourist
@llim80
2 жыл бұрын
YES YES!!!! If you don't agree with every word Saylor is uttering, you are a contemptuous fool and deserve to be bankrupt.
This is the best Saylor podcast ever 🙌💯
Great to hear he's agreed to be interviewed by investanswers. Can't wait for that one.
Amazing, as usual.
Damn! That was great. I think I will listen again.
I could listen to Michael all day
@llim80
2 жыл бұрын
Same here. Michael Saylor vs Elon Musk.... I think the world explode. I'd take Michael Saylor by decision though.
If Bitcoin is Jesus 2.0 then Michael Saylor is John the Baptist.
Saylor has publicised bitcoin in genius way. Helped lot of people.
Absolutley amazing Michael!
This is so clear and everyone could understand this-- !
Love the knock on NY when talking about property, so true.
Mr. Mike just described my property/energy network distribution, so thumbs up and a Texas wink!
Michael Saylor pure genuis u can learn so much from this guy🔝
Thank you to Michael Saylor for pumping all of our bags.
When Michael Saylor speaks, listen and learn!
Great Interview!!!11
I owe this man a beer
@llim80
2 жыл бұрын
I owe this man my life.
@chrismale9976
2 жыл бұрын
@@llim80 Wow, that's a big statement but I see what you're saying. He's changed so many lives for the better
The real star of this interview is Alex McShane. Ask a question and get the fuck out of the way. 🙌🏻
He has much wider view how society operates and bitcoin’s multiple layers of operating business from individual to government is good for bitcoin
The trading market is constantly evolving with new features, trading opportunities, financial swings with sudden surprises around every corner. The best thing is to stay in shape and don’t let anything catch you on the wrong foot
@toddsotelo6016
2 жыл бұрын
Investing with an expert is a very good plan for a structured investment portfolio. Thats why i have been conducting my trades with ’Jessica Meador Jones’ I've learnt to be patient with stocks since most traders tend to get into a stock and get out at a quick 10%, 20% profit. But they miss out the big gains because it trades at a P/E ratio of 40-50.
@robinelise2886
2 жыл бұрын
@@toddsotelo6016 That's one heck of a broker and a solid recommendation. She has been influential to the success of a lot of traders even here on KZread
@militaryunit4145
2 жыл бұрын
@@toddsotelo6016 This is great. Good for you. I have been holding back on investing in the stock market because I have little background knowledge and I don't know any credible brokers either. Do you have any ideas that could help?
@toddsotelo6016
2 жыл бұрын
@@militaryunit4145 I found out about her through a comment section on KZread and decided to do some digging on Jessica Meador Jones, The information I found showed that she is a renowned broker with eons old experience. I didn't need much convincing to enroll with her afterwards and I have been benefiting ever since.
@militaryunit4145
2 жыл бұрын
@@toddsotelo6016 thanks for sharing , i have found her website , left a message for her . hope she replies me soon
This is a doctorate in literally every sector lol. INCREDIBLE!!!
Love the ending
Great Interview!
New Saylor dropped
I understand 70% of what MS says, but that’s up from 20% four months ago. I’ve listened hard to MS (and a few others) and made a ton of money in a short time by extrapolating and applying what he says about BTC and smart business decisions to personal finance. Learning a system of arbitrage from him, we (1) took out a HELOC on our house and dumped it into BTC and (2) pay for the HELOC from a retirement account. That was scary and really hard for the wife to swallow. But, KNOWLEDGE is the antidote to fear and we pulled the trigger. We’ve made just under 60K in four months. Listen to this sage!!
@davisboyd6644
2 жыл бұрын
Takes some cajones to do something like that, but you assessed the facts, did your research, and learned from the best. Your family and beneficiaries will thank you for generations to come!
@sibaroochi
2 жыл бұрын
You made 60k from.btc.going.up?
@denverado5594
2 жыл бұрын
Yeah, simple as that from our initial $120K. Of course, everything will rise and fall depending on the market. Cardano generally out performs BTC short term and seems staged to rise 3-4X by end of year. So, our strategy now is to put money there, ride it up, and roll it into BTC. This would end our journey for acquiring BTC. (Getting all we can while we can)
@llim80
2 жыл бұрын
I'll take it a step further not only did I also listen to everything he said, but I will continue to listen to everything he says no matter what it is. If he told me to commit crime, then I'm going to prison. If he told me to sacrifice my life, then I am ready to go.
This man changed my life.
Geat information. I love the concept. What happens if the network gets destroyed by a damaging frequency wave of some type? Could it be rebuilt?
Saylor interviewing himself as usual
Una de las mejores exposiciones que he escuchado de Michael Saylor, brillante, para mí es quien mejor entiende y explica qué es bitcoin, de todo lo expuesto concluyo que bitcoin representa la desmaterialización del capital (Saylor dice propiedad), yo considero que es la desmaterialización del capital, con un capital desmaterializado, luego lo puedo convertirlo en cualquier propiedad que quiera en el futuro (tiempo) y en cualquier lugar (espacio).
Superior asset, simple as that. Love this guy
Fantastic explanations from the bitcoin master himself
Great interview without fluff. All meat and potatoes.
@JP-cu2gm
2 жыл бұрын
And next time, lose the potatoes
Love the hard cut ending
I can listen to this guy all day. great mind.
@llim80
2 жыл бұрын
I actually sleep with Michael Saylor videos on youtube.
Great video!!
You can send gold (if it in the LBMA fault) electronically across boarders through multiple jurisdictions. BTC does it better for the rest of us.
Another Saylor masterpiece goddam
Just awesome!
More Michael Saylor.
Michael said that one can learn anything in the world on KZread... I learned everything from Michael. It goes in line with his work towards free education. What other person in his position gives this many hours to KZread videos for all of us to learn from?
michael is awesome...really knoes his stuff
You gotta love the hourly-rate hotel room metaphor.
@canobenitez
2 жыл бұрын
45:58, gotta love Michael's metaphors
Saylor is the best salesman in the world.
You said, "@/bitcoin is the most disruptive technology of the decade." It's been 10 years since Bitcoin came out, do you mean a decade or a century?
I'd like to know the dynamics of usdt in the future
Amazing
can somebody tell me how to pay your credit card with BTC as Michael told us?
August of 2020? I was a bitcoiner before Michael!?
Maybe I’m misunderstanding what Saylor is saying, but I don’t agree with how Bitcoin is a store of energy. With a battery you are able to power whatever you want with it With bitcoin, you rely on other power source, and you can only move bitcoin, not anything else
@pallavimishra1683
2 жыл бұрын
I wondered exactly the same thing.
Just came back from the future. All the students were mandated to read The Bitcoin Manifesto by Sir Michael Saylor. The future looks bright, everyone.
Been watch him for a while he never as did just straight up buy electric energy, buy BTC because store of value. There was more to be brought so we brought more. Genius.
24:25 Visa's cost is 2% in the industrialized nations... in El Salvador, they charge 8% and they have to use that as there was no other workable viable alternative.... imagine running a business with 20% margin profit a year, and Visa takes 8% and the government some other chunk. No wonder Visa and those others are worried and against bitcoin.
You should try and squeeze more ads in, they were only every 4 min.
This is what education should do for people, make them well rounded and "universal" which is the original objective and meaning of the word University. He has a pretty good sense of history to encapsulate his ideas about bitcoin, he also has a good sense of economics and its history, the wars, the money history, the cosmos, the thermodynamic of reality, the political situations of different parts of the world, etc etc... all that doesn't come free, it comes with lots of effort and time spent READING and then THINKING about what you read. All that comes with a good dose of humbleness, as you realize that there will always be more what you don't know than what you do know; thus you specialize some in some fields. Incredibly or logically, as you learn more, you realize there were many things or areas of knowledge that you didn't even know you didn't know since you didn't even know they existed. A real conundrum once you realize those areas will always exist no matter how much you know.
The GOAT
Question: how these type of massive investors are storing their Bitcoins?
@chefdenker704
4 ай бұрын
MicroStrategy stores it at Coinbase
absolute GENIUS micheal saylor. love listening to his ways of telling people about BTC. makes you feel stupid haha
Epic video. My Lord Michael Saylor.
pristine
1:35, "there are no informed critiques. I'm yet to see them. There are uninformed critiques...I am more bullish than ever." Boom!
@llim80
2 жыл бұрын
Amen, Schiff, Roubini, etc those idiots are dog doodoo compared to Saylor.
VIND IK GOED M.Saylor!!!
MICHAEL Saylor is speaking gods words
Awsome Interview, with Michael, get all the BTC you can get, before it moons, Ultimate Store of Value, its historical, it will not repeat it self in our lifetime. Eth just keep forking and supper high gas fees, NOT!
"i just generate a debt against the bitcoin" - how is this actioned ? @ 38:18.