In part 1 of this three-part interview, Michael Saylor, Executive Chairman and Co-Founder of MicroStrategy, claims that Bitcoin’s credibility has improved over the past year in the midst of crypto collapses and bank failures. He told Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, that banks, nonprofits, and governments will eventually own Bitcoin. Claiming that he is a ‘Bitcoin realist,’ Saylor also discussed Bitcoin’s role as an inflation hedge and store of value, contrasting it against gold.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
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Follow Michael Saylor on Twitter: @saylor (https://twitter.com/saylor)
0:00 – Bitcoin vs. other assets
3:30 – Adoption
9:06 – Bitcoin realism
15:31 – Regulation
18:35 – Saylor’s Bitcoin moment
27:31 – Bitcoin strategy
31:22 – Can Bitcoin fail?
36:42 – Inflation
40:34 – Banking collapse
#bitcoin #crypto #banking
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32 Comments
Is Bitcoin stored at the tooth fairy's basement?
Miss Michelle, will you ask Guistra to come on to ask about West Red Lake Gold aquiring Pure Gold and their plans to make it work etc.
People attacking BTC because it’s not physical are the same people that thought the internet wouldn’t become anything
Michael is a tool
Michael Saylor, brilliant as always. This time even more so.
CBDCs coming to a world near you, forget bitcoin, gold,etc!
Remember Michael is deep into bitcoin!😊
Michael saylor
He dodged that derivative/ rehypothecation question like a politician in front of Congress
BUTT coin A Limited Supply of NOTHING
He doesn’t make much sense. Why does an 80 year old or a baby need help for self custody of Bitcoin? Can’t they just download it on a hard drive or write down the key and forget about it???
Maybe big corporations like apple would prefer a bank to hold it but if you’re a family trust the director or trustee could just hold it especially since they’re financially liable if they screw up or steal it. Family offices and trusts that I’ve read about are setup in big banks. Look at South Dakota. They got like 80 billionaires there that setup GST trusts. I suppose it’d be easy to just have the bank custody the Bitcoin but I don’t see what’s wrong with the trust holding it.
Bitcoin is a huge thorn to Unicoin which they are pushing.
Bitcoin is a huge thorn to Unicoin, which the FEds are pushing
Buy Bitcoin !!! That’s the future to take down THE SYSTEM of the MATRIX
🏋🏋♂🏋♀
Will I be able to use my bitcoin to buy sell trade all the things in life that I need like food & drink and shelter and clothing etc, if the power goes off? Who controls the power? Am I having an epiphany?😂
He said he didn’t buy stocks because investors could do that and it wouldn’t add any value. Well can’t investors also buy Bitcoin???? Like I don’t see how that adds value because investors themselves can buy Bitcoin. And he said real estate is over valued. That’s probably true but then how does he know Bitcoin wasn’t overvalued
Got it. I own crypto, so why are numerous countries / central banks BUYING gold at an historically high level? Why are 114 countries working on CBDC's? Michelle, you Need to investigate "Pulsechain" – the new blockchain on the block. Its market value is NOW only second to Ethereum.
Definitely…. Not arguably 😉
Damn, interview over.
He, he, he.. Michael's first 40 words here are like a hammer blow to alternate assets. See you in 2030 and beyond folks..
Digital Currency Group, the owner of bankrupt crypto lender Genesis Global Capital LLC, failed to repay about $630 million of debt owed to its subsidiary by a mid-May deadline.
Excellent interview. Hallam in always sunny Barbados.
We need part 2 now!!
The Collapse of these banks has torn into global markets , I was really hopeful of my investments this year, but all my plans have been disoriented, I've been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market. Any recommendations?
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022
This fool back on again and you won't hear from him next time btc takes a big crap lol
It's like my dad always said, " some people have more money than brains." To go all in on a speculative asset, no diversity.
LeVeL Up Kitco! Great work.
Bitcoin is stupid and will go to zero
This was a great and timely interview, looking forward to Part II; well done!
This guy is underwater by nearly 200 million on his bitcoin "Investment", why are we even interviewing him?