“Bitcoin Will 1000X – Here’s Why” Michael Saylor NEW 2024 Bitcoin Prediction

🔥My FREE Daily On-Chain Analysis & Crypto News In 5-Mins:
👉🏻 https://www.cryptonutshell.com/subscribe

🔥🌳 You can NOW Become a member of our channel to support us! 🌳👑
👉🏻 https://www.youtube.com/channel/UCWZg7FTpyFB9lSpk-_cVr3Q/join

You are losing half of your entire wealth every 10 years, but there is an solution to it.

That’s the message out from Michael Saylor.

Michael Saylor is not just a billionaire and engineer who studied at MIT – he’s also a student of history and has spend hundred, if not thousands of hours going over the history of civilisation.
His conclusion?

One thing is inevitable, corruption, taxation and the creation of monopolies.

Michael Saylor views inflation under the same sense. Inflation, due to money printing from the government, is a form of taxation. A way to further tax citizens indirectly.

However, for the first time in history, there’s a solution. Bitcoin is the first time it’s possible to stop the cycle of monopolies, corruption & taxastion. That’s why Michael Saylor has 100% conviction in Bitcoin & believes it’s going to 1000x over time.

Make sure to stick around to the end of the video where Saylor breaks down every single asset class and why it’s inferior to holding your wealth in Bitcoin.

About Michael Saylor:

Michael J. Saylor is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services.

———————————————————————————————————————–
SOCIALS
Twitter: https://twitter.com/JaminTree
My Instagram: https://www.instagram.com/jamincurrie
Email: jamin.tree@gmail.com
———————————————————————————————————————–
#Ethereum #Bitcoin #MichaelSaylor

“Bitcoin Will 1000X – Here’s Why” Michael Saylor NEW 2024 Bitcoin Prediction

A lot of people they understand inherently now the danger of organizations getting too big and too powerful because ultimately that organization that controls how a billion people think is run by one person with four people advising them at the top and so is it really wise for four people or

One person to decide what a billion people can think and say and do and how far apart they could they should sit or whether or not they should smile or what they should wear so I think the entire crypto movement is a backlash against that last I checked there are north of

400 million people that have some crypto involvement theyve embraced it you know hundreds of millions of Bitcoin holders and I think what would people are realizing is that you can use the power of cryptography to give people back their voice to give them back their property rights to give them back their

Sovereignty also to give them back ownership of their own data you are losing half of your entire wealth every 10 years but there is a solution that’s the message out from Michael sailor Michael sailor is not just a billionaire an engineer who studied at MIT he’s also

A student of history and has spent 100 if not thousands of hours going over the history of civilization his conclusion one thing is inevitable corruption Taxation and the creation of monopolies Michael saor views inflation under the same lens in inflation due to money printing by the government is a form of

Taxation a way to further tax citizens indirectly however for the first time in history there’s a solution Bitcoin is the first time it’s possible to stop the cycle of monopolies corruption and Taxation that’s why Michael sailor has 100% conviction in Bitcoin and believes it’s going to 1,000x over time make sure

To stick around to the end of the video where sailor breaks down every single asset class and why it’s inferior to holding your wealth in Bitcoin also guys only a small percentage of my viewers are actually subscribed if you enjoy Finance content consider subscribing or liking the video it’s free and you can

Always change your mind if you study the history of the world then you could pick any history but I’ll take uh the history of United States uh read rothbard’s conceived in Liberty it’s the story of every colony in the United States before the Revolutionary War and it goes

Something like this some people showed up because they were being murdered and they were being looted by someone in Europe they got to the US they established their own property rights so they could have land and then immediately some Governor took over the colony and started regulating stealing

You know and taxing and looting their property so then they moved West or moved south or or then they toppled that governor and over and over again everywhere the story is always the same somebody shows up they want to find some property they want to create a farm they

Want to create a company they start growing wheat and then the Governor decides to create a monopoly on baking of bread and then the governor says it’s illegal to bake bread with your wheat you have to sell my bakery your wheat at a lower price and then that Governor or

The governor’s family that he or she married into they have mop on bread they triple the price of bread everybody else has to pay too much for the bread someone complains the government sends some soldiers to kick their door in the people may or may not fight back the

Story goes on then you know politician passes another the law you can’t print books you can’t make hats you can’t cross from this side of the river to that side of the river whatever it is you can’t go up the Hudson River without paying a fee to me it’s always

Corruption always Monopoly always taxation there is no end to it there never has been an end to it there never will be an end to it as long as we are physical creatures and we live in the physical domain so what is the appeal of Bitcoin well Bitcoin is the digital

Transformation of property the digital transformation of money leading to the digital transformation of energy and matter and then eventually the digital transformation of identity if you can manifest something with substance in cyberspace and if that something is protected with a private key whether that’s something is your company your

Property your money or your identity you now have sovereignty in the form of The Secret inside your head and when it comes time for my country to steal all your stuff if you’re wealth is in my bank or in in National Banks in the form of the national currency I can simply

Double the currency Supply and steal half of everybody’s property overnight without even admitting I did it right you just have 100% inflation it’s happening in Argentina right now it’s happening lots of places in the world so you’ve always got that option and if you have Assets in the form of a foreign

Currency or a security and they’re with a centralized custodian I just send a message to the custodian saying convert all that back into the local currency devalue at 10 to1 and I’ve just done the same thing I’ve done it overnight if if your property is in the form of land I

Just put a property tax on it you’re not moving the land if your property is in the form of a company I just make it you know maybe I put an excise tax or a value added tax or some other tax on the thing that you want to sell and that’s

How I take it but if your property is digital property and if you you know you either have the option to put it with a custodian outside of your country right the beauty of you know if you have a million dollar building in a country in South America it’s not moving but you

Could move a million dollars of Bitcoin to hundreds of custodians in any country on Earth and you can move it every day so you can kind of always you know if Switzerland is the place you can trust you move it there and then a few years

Later you can move it to London a few years later if you lose faith in the UK you move it to the US or you move it to Singapore or you move it to UAE eventually you put it on some big container ship floating in the middle of

The Atlantic with a satellite uplink right you have a chance if you have a portable asset and ultimately you have the option just take self- custody and hold it yourself or put it in your head those are not options you have when you live in the physical domain so when I

Say Bitcoin represents separation of property and Earth what I’m really getting at is there’s maybe $950 trillion of wealth in this world and 350 trillion of it is real estate and half of it is liquid capital or wealth people would like to move around so 400 500 trillion right this is bitcoin’s only

400 billion so we’re talking about a,x that amount of wealth a th000 x is much is trapped it’s trapped in the earth when you own a company when you own a building when you own land when you own a bar of gold it’s in the physical

Domain which means you own it at the pleasure of a counterparty a custodian and a politician and in fact unfortunately it’s like there’s a hundred people in the world that can take it away from you and as long as all 100 decide not to take it away from you

This year you get to keep it for one more year that is the counterparty risk of everything else when you dematerialize that property when you digitally transform it from land or a building or a company and you put it into cyberace you have escaped the counterparty risk from a 100 different

Counterparties people you don’t even know like there are people that started yoga studios in 2018 and they didn’t know that one Health official maybe a health official in a state would just decide to shut down their business and destroy you know destroy their livelihood for whatever reason right

Someone you may never have heard of that was not elected may just decide whether or not your property has any value and that unfortunately it’s not a new story it’s been going on for 10,000 years and you could write 10 million pages of histories of someone some innocent

Person that had their life and livelihood and Liberty and pursuit of happiness as wrecked by someone more powerful than them until Bitcoin and bitcoin’s the first time where there’s something that comes along where you might actually own something yourself that is beyond the reach of those that would do you harm economically or

Otherwise and that’s a pretty profound idea which is what kind of keeps us all motivated you know I never thought about what money was until the co lockdowns and then Federal Reserve lowered the interest rate to zero and I had a lot of money in the bank generating zero and

Then it occurred to me that the prices were going to go up quite a lot and I started thinking about a couple of Concepts one is what is money and the second is what is inflation and then the third is you know what is wealth and how

Do you preserve wealth well a a simple answer to what is money is money is money is economic energy money is you know you have a certain amount of wealth and economic energy could be viewed as capital could be viewed as wealth and we often times store our economic energy in

Different assets we could store it in uh Curren see like the dollar we could store it in a bar of gold we could store it in diamonds we could store it in a Ferrari we could store it in a house in a building in a warehouse or we could

Buy a share of stock these are all different ways to store our wealth our economic energy and they all serve as sort of money now the question is which of those assets is the best money I think the thing to keep there in mind there is um is if money is energy the

Energy dissipates with a certain time frame so for example if you have $100,000 in the year 1930 you could have bought a very very nice house in Miami Beach I know because I own a house built in 1930 and the deed of sale is for $100,000 on 2 acres in the middle of

Miami Beach that house was appraised at $46 million in uh about 90 years later okay so if you actually are good at math you can calculate that what that means is approximately a 99.8% % loss in the purchasing power of the dollar over 90 years or if you do

Exponential math in your head I I can tell you the answer it’s 7% inflation rate the inflation rate of real estate in Miami Beach over the last century is 7% a year now the politicians and the government agencies will tell you the inflation Target is only 2% well they’ll

Tell you CPI is 2% but in fact the inflation rate of consumer goods that are manufactured like I don’t know like card board boxes of milk or cardboard boxes of water or drywall or Netflix videos or biscuits coming out of an assembly line or chocolate bars that

Come out you know a million an hour yeah those things are going up in price but they’re not going up at 7% a year because technology and cap door investment and human Ingenuity is actually making it cheaper right you can reasonably conclude that we’re better at manufacturing things today than a 100

Years ago so of course things that are manufactured get a little bit cheaper but what can’t you manufacture more of that’s like beachfront property in Miami okay so if you actually calculate the inflation rate of scarce desirable assets like beachfront property it isn’t

2% it’s 7 or 8% the same is true of real estate in London Paris La any price desirable it turns out the inflation rate of the S&P index of a scarce desirable company one of the 500 bestr run companies in the United States that’s also 7 % the government would

Tell you that’s not inflation that’s just investment appre that’s asset appreciation they’ll say you know good for you homeowners values of their homes went up 7% this year and the value of your stock went up by 7% this year but what they’re missing is that the average

Person’s salary isn’t going up by 7% so it gets harder and harder and harder for people to buy scarce desirable things I think once I got into this business I realized realized that the dollar is not a good uh monetary instrument because it loses 7% of its purchasing power a year

But foreign currencies the like the peso or or the ler or something they lose 14% or more of their purchasing power every year they’re even worse now if you’re an engineer you think in terms of halflife the question is what’s the halflife of your money like what’s the halflife of

Your economic energy when the inflation rate of the dollar is 7% it means that every 10 years you lose half your wealth when the inflation rate is 14% it means every 5 years you lose half your wealth gold has an inflation rate of 2% it turns out the gold miners create 2% more

Gold every year that means every 35 years you lose half your wealth so the halflife of money in each of those instruments each of those assets ranges from a couple of years in a commodity to 10 years in the world Reserve currency to 35 years in the dollar now what’s the

Halflife of money in Bitcoin see Bitcoin is designed to go ASM totically to 21 million so in fact the inflation rate of Bitcoin over the next 100 years is effectively nothing like we’ve got 19.5 million Bitcoin now and we’ll have 21 million in 100 years so you’re going to

Get another few percent over the course of a hundred years and then you’re going to get nothing more for all of eternity so if you think about it like that you realize that the half-life of your money in the right crypto asset in this Bitcoin NW work is in essence infinite

Which makes the money Immortal so there’s Michael saor it’s evident that his insights are not just rooted in extensive historical study but also in a deep understanding of Current financial Trends and Technologies sailor a billionaire engineer and student of History has shared a stark warning about the inevitable erosion of wealth due to

Factors like corruption Taxation and the creation of monopolies but more importantly sailor has offered us a ray of Hope his unwe wavering believe in Bitcoin as a revolutionary solution to these age-old problems of financial systems is both inspiring and thought-provoking he sees Bitcoin as not just an investment but a means to break

The cycle of monopolies corruption and indirect taxation through inflation his prediction of Bitcoin growing 1,000x over time reflects his absolute conviction in its potential sailor doesn’t just theorize he breaks down practical comparisons of Bitcoin against other asset classes providing a compreh ensive view of why he believes Bitcoin stands Superior in preserving and

Growing wealth before you go I want to remind you that if you found this content valuable and are interested in more Financial Insights consider subscribing or liking the video it’s a simple action that supports the channel ensuring you stay updated with Quality Financial content remember subscribing

Is free and you can always change your mind anyway guys hope you all enjoyed today’s video and that provided you with some value I’ll see you all in the next one and as always all the best