How Bitcoin ACTUALLY Works - Michael Saylor

[@falajikitaiwo8962]

I'm retired at 27, went from Grace to Grace. This video here reminds me of my transformation from a nobody to good home, honest wife and 35k biweekly and a good daughter full of love

[@labiadijat3477]

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

[@RobertColeman-sb9ez]

Wow that's huge, how do you earn that much? I'm 37 years old and I've been looking for ways to be successful, please how??

[@timothyjohn5454]

Yeah, 253k from Maureen duke, looking up to acquire a new House, blessings.

[@romainbayart8536]

I thank Maureen Duke who has always been there to help me with detailed analysis and recommendations that I would not have had access to otherwise.

[@cryptogiant7212]

I started my trade int with $5000, and in the space of one month I got credited with $22,000. It remains my biggest win for the year 2024

[@Aguijon1982]

Yeah, Argentinean here. Every 10 years, our currency becomes toilet paper.

[@johnsonvideos1450]

toilet paper has great use of value

[@Aguijon1982]

@johnsonvideos1450 You Can use the Argentine currency for that too and it's cheaper.

[@CaliphInTheMatrix]

Not anymore with the new government

[@Aguijon1982]

@CaliphInTheMatrix Let's see how long that lasts...

[@DerrosarotePanzer]

@@Aguijon1982 Are you pessimistic about Milei?

[@lennymangaroo]

There is nothing in life that is risk free.

[@sonnyh9774]

True... you take a risk going to the grocery store, but those who take the greatest risks generally have the potential for the greatest reward. Those who have balls... will.

[@Call_me_The_Breeze]

Digital Assets are risk free if you learn clean custodial hygene.

[@Icarus169]

Risk of bitcoin failing now is less than 1%. It’s the honey badger and the superior asset on earth. In many ways. And the hardest asset on earth.

[@jackohere1878]

@@Icarus169 Thanks for the laugh.

[@Brandon.80]

​@@Icarus169💯

[@gardenmamacita]

Why did the video cut off? That was weird.

[@kittendkat5100]

This was taken from a main, longer video.

[@jasonu3741]

@@kittendkat5100 yes but the abrupt cut is not done on any other video from Tom

[@ytv2024]

Lizard people cut the feed

[@KayceQuintero]

XAI401C 200X IN 10 YEARS - so likely another 200x in 10 years=$20 MILLION/XAI401C!!! So getting 1/10 XAI401C $10k today might turn into $2M in 10 years - if one can hold through all the volatility.

[@Nils_1984]

or its going to 0? I tried to talk to the owners, I guess their wallet is open, and thats about it?

[@chrissconcertcorner]

ZERO incoming!!!!

[@davethompson3226]

Bitcoin is risk free for two reasons… Your percentage of the overall network cannot be inflated or debased. Fiat is inflating forever. QED.

[@ralondarogers563]

I'm favoured, $27K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

[@ralucaapostol4652]

You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.

[@raroldroldan]

I just want to use this opportunity to say a very big thank's to Sonia duke and his Strategy, he changed my life.

[@alexlucas7264]

Sonia Duke program is widely available online..

[@KevinCostner-sm6ic]

Started with 5,000$ and Withdrew profits 89,000$

[@KevinCostner-sm6ic]

Sonia gave me the autonomy I need to learn at my own pace and ask questions when I need to she's so accommodating.

[@lewisticknor]

I'm a hiker, there's water, you're on a train, there's a fly wheel...what am I watching?

[@meditationdaily1129]

His allegories make a lot of sense actually, let me know which part you struggle with and we can decipher it for you.

[@EvrenOmer-h9e]

Im pretty sure I heard Trump said buy all the XAI401C you can possibly buy

[@Nils_1984]

strange looks like a fake site. why dont you finish the site before you put ads for it?

[@IsabelleRoulin-l7h]

😂😂😂😂😂

[@rumples584]

lol the thumbnail

[@aaroncrandal]

Perfectly articulates the conversation

[@maqabyah2]

Lol, the thumbnail for real

[@bisforbitcoin8202]

Lol thats how u know youre getting saylor worked up

[@pratyushb2024]

Did Tom stop doing Health Theory videos?!? Or mental health videos?!? That's the main reason I came to this channel

[@MEllis-ye6ro]

I imagine he is sick of explaining bitcoin.

[@shakestr]

Nice, still early judging by the comments. Read the Bitcoin Standard after reading the white paper.

[@AAbsoluteFitness]

If you read the white paper. Then you would know its been completely hijacked.

[@MonkeyRidesBike]

Keep Nostr weird

[@xWhiteFalcoNx]

Better read Broken Money by Lyn Alden

[@shakestr]

@@xWhiteFalcoNx great read. Lyn is the best 👌

[@dsflat6785]

Bitcoin Cash accumulation 🧐 (Top 100 Richest Bitcoin Cash Address List) Foundry USA Pool (35% of World BTC Hash) have started to mine BCH 🤔

[@AyseOzlem-n2y]

Top news: XAI401C to the moon 😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊

[@divingdeep6297]

What was that ending? Lol had me thinking the bluetooth disconnected or something

[@jayjay-bz3rr]

I would like a tour of Michael Saylor’s house

[@Dale-11]

I would like a tour of ya mother's bedroom.

[@peterrabson3383]

I bet he has loads of Gold plated objects there!

[@puffchickpam1]

@@Dale-11????

[@rickymartinez4951]

What a great worldly view Michael has. Rich dad Poor dad warned us about fiat currency since early 2000. If I was able to invest I’d be going all in on Bitcoin right now

[@RezanAydin-s7w]

This is going to be a different bull market. With XAI401C coming to scene. Ben basing off previous speculative markets. I can see 300,000 next bull run.🎉🎉🎉🎉🎉

[@Nils_1984]

how can i see if you are a BOT?

[@mynameis5427]

The number of bots in this comment section is insane. The people who hate on Bitcoin are about as smart as your average jungle beast.

[@cryptotharg7400]

Hey, man. Haters gotta hate! Just keep stacking sats. 😎

[@mark73first1]

😂😂😂😂 That'll explain the critics away .lol Bots 😂😂yeah right . Your just a schill cult member melting down. I'd rather be dumb than buy into the shit you lot spin. The bitcoiner argument may as just be because. 😂😂😂

[@AC-wl7ve]

“They don’t want to pump up my Ponzi, must be bots” lol

[@marcoaurelio8058]

I am sold on bitcoins the moment I studied it; my main concern is I HAVE LOST EVERY DAMN PASSWORD I'VE EVER HAD. How do I keep the key safe?​@@cryptotharg7400

[@Wolfmanjc-e3f]

Ok, have you done your research? Do you know how shaw256 works? What happens when quantum computers go live? There are alot of questions people either cant or won’t answer. How will bitcoin seriously be used day to day transactions when its so expensive. What about the tps and speed? As slow as it is, how can you possibly use this a currency. Im not completely trying to bash it, i do like the controlled supply aspect that they cant make more. But, that is not enough. I see it as a vehicle where the well to do park their money for long term and use it as collateral. Other than that it has zero application. Also, there are the new messaging standards iso20022 that is being implemented by every bank starting in march. If bitcoin makes it to 1 million, thats only a 10x. Where the iso coins like xrp, xlm, xdc, hbar, quant, algorand have function, utility and have set relationships/agreements with all the banks will easily make 500-1000x especially with xrp,xlm,xdc, and hbar. These guys like saylor, moss, ect got in very early and of course they want to fill there bags as big as possible, but they are schills

[@dogegamer3288]

Guys never say it's safer than cash. Almost anything is safer than cash. Imagine getting a 7 to 10% paycut yearly...sometimes 10X that in some years. That's cash. Owning rice, coffee, Bitcoin, gold, silver and almost any conceivable thing on the earth is "safer" than cash. It's that bad. So to say Bitcoin is safer than cash is not a big hurdle to overcome.

[@UmitYucel-qc7yx]

Can't believe I almost missed out on XRP and XAI401C! Thanks for the heads-up in your video!

[@HuseyinFiliz-j6c]

I think I need more XAI401C, before Blackrock buys them up. 😂

[@Nils_1984]

i guess its a way to get rid of all your bitcoin?

[@joshdh46]

Tom's viewership is in the shitter, damn

[@amargacanica1042]

Because it’s all garbage

[@pratyushb2024]

Did Tom stop doing Health Theory videos?!? Or mental health videos?!? That's the main reason I came to this channel

[@amargacanica1042]

@ well, I guess it wasn’t that popular!! I hope you got your mental state in check!! To get better starts with you and not relaying on KZbin idiots for help, most of them have mental health issues that are not reversible unfortunately

[@abraxas511]

Because he wont shut up and let guests say what they want to say. Its all about him now.

[@amargacanica1042]

@ 😂 so true! It’s hard to listen

[@RokaS-ht5cz]

min 4:00: We never lost a war ??? since WWII several wars have been lost: eg. Vietnam, Korea, Afganistan, Ukraine

[@oreradovanovi5204]

I couldn't watch after that, repeating the "we are the best..." But I get what he's saying about the inflation.

[@Captain_Jack711]

Ukraine?

[@A.nasierkhan]

Scammers comments gonna win this cycle.

[@Bob-kl3es]

Any coin can be debased.

[@americandesperado]

Saylor is getting irritated with all the questions - breathe in breathe out… the hydroelectric analogy was beautiful 😊

[@petrolo72]

His epilepsy got triggered

[@Zulu345]

It was ver good.

[@IamaNewCreature]

Tom kept cutting him off. He should wait, let Saylor finish, make a mental note or write it down, then ask Saylor to clarify etc once he’s done with us answer.

[@americandesperado]

@ 💯

[@drewellis1458]

I dont think I have ever seen Michael Saylor respect someone so much on an intellectual level while speaking with them. This is a crazy good podcast.

[@kenallensworth5408]

You're right on, to bad most of this audience "ain't to bright"😂

[@thomasneal7126]

I thought the same thing.

[@curiouskittycat5977]

He is always respectful. ❤️

[@cindnou]

Binance infinity ETH bug right now I just made a video to show that/

[@bullguy3287]

Risk-Free and bitcoin should never be used in the same sentence! lol Can’t watch this guy.

[@normski4154]

Why does it end mid sentence

[@Bob-kl3es]

Risk is free. I wouldnt pay for it.

[@JackCarter9]

I'm not convinced this is the best spokesperson for bitcoin.

[@charlesmiller6281]

And better would be…? Crickets. You got nothing.

[@0606Reza]

Maybe listen couple of times with different speed ,high speed or low speed , listening is hard - He is one of the best !

[@mindflow82]

Uneducated comment

[@IamaNewCreature]

Who told you he was?

[@goran797]

There is always risk. Who says they aren't creating more? It's decentralized correct? How can he guarantee there isn't more being produced? I have spent enough time in tech to know when greed comes up, limitations go out the window. Second, just like everybody used Skype and then overnight nobody did, the same can happen to Bitcoin. A new digital currency can become hot and this will be dropped. They say stocks are worthless, people are only buying them because they hope a bigger fool comes around and other than that they are useless, that; just described Bitcoin.

[@marting.4465]

Dude why the abrupt ending

[@nicstevens6499]

BTC = crap.. here ends the lesson...

[@silver45q]

Hallelujah! God is still performing wonders. I'm positioning myself for such miracles. This is the best thing I've seen today on KZbin-thank you so much!.540k earned so far. .................

[@aliq218]

To be successfully in life one must take risk, investing brings success that’s why the rich will never come out in public to tell you how they make their money

[@phelps078q]

The crypto market has been unfavorable for months and I keep losing my money selling-off during dips, I'm very scared of holding right now, how do you guys still make so much….?

[@silver45q]

Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in loosing funds... But miss noah rachel, restored hope shes a good woman

[@phelps078q]

You're right! I've been trying to trade but I keep making losses and it's frustrating Who is your mentor please. how can I reach him/her I really need help

[@antho-rv8uf99]

So nice to see noah rachel talked about here,her good works are speaking already, and like wide fire she's spreading.

[@angiecheesman3114]

And if gold and silver were not manipulated, it would be the same. It would rise just like your property. How long before crypto is manipulated? And don’t say it can’t be! Is sure as hell can be!

[@eenkjet]

Manipulated..., hell. the US will drum up a fake war and spend a $1T if it doesn't like your money.

[@SriRam-fp1kt]

Bitcoin cannot be manipulated hence it's called immutable technology.

[@jtcouch]

Scarcity matched to high demand. Assumes desirability and/or utility at a high level.

[@metronomy8388]

I hear tulip-bulbs were very scarce in the Netherlands in 1637 and actually were desireable. Until one day when people suddenly realized that a single tulip-bulb should probably be not worth more than a house.

[@msbeecee1]

BTC is thw only digitally scarce asset. The world is going digital. AI needs BTC. Connect the dots

[@MS45636]

@@metronomy8388 tulip bubble lasted 3 years in a time when information moved slow, btc was invented 2008 and continued to grow in a time when information travels fast

[@metronomy8388]

@@msbeecee1 AI does not need Bitcoin or any other crypto-token for that matter. Not sure where you got that idea from but you are dead wrong.

[@dsflat6785]

Bitcoin Cash accumulation 🧐 (Top 100 Richest Bitcoin Cash Address List) Foundry USA Pool (35% of World BTC Hash) have started to mine BCH 🤔

[@Stanleee-8]

Stock markets pushing deeper into all-time highs, Institutions are buying billions of dollars worth of Bitcoin in a matter of weeks, the halving is in five months, and yet people can't see we're heading to a new ATH. I think we will see 150k at most this circle.

[@kelvingates-b2y]

The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@whatchandstudy7]

The halving already happened

[@ricardomiranda7737]

Love it. Stop thinking like a tourist. Start thinking like an engineer. 🧐

[@DeFi-Macrodosing]

"It's basically risk free"

[@drmedwuast]

Michael seems to have extraordinary difficutly breathing here

[@chicassoproductions8527]

I heard he has heart issues hence the difficulty breathing and random ticks.

[@IsabelleRoulin-l7h]

Yes looks like sickness

[@Travelbythought]

He should have been more focused on preserving his health than his wealth.

[@robverro566]

Hopefully, the federal reserve has not sent the CIA to poison him....

[@THEonionsack]

The sound of exasperation at having to explain Bitcoin's volatility being a feature rather than a bug for the umpteenth time.

[@jeffreymobley7860]

Ok I have thousands invested in Bitcoin so I’m not a hater. BUT… quantum computing… it will end Bitcoin? Yea? We need some content on this as Im sure im not alone in this worry.

[@peterrabson3383]

Quantum computers in say four years will be fast enough to find the private keys and public keys to peoples wallets.

[@jeffreymobley7860]

@@peterrabson3383that’s exactly what I mean. Will Bitcoin be dead after quantum computing can crack codes. Meaning people will be spooked thus dropping the overall value from dumping.

[@mineralt]

Does Liberace live with Saylor?

[@charlesmiller6281]

He has good taste and can afford to indulge it.

[@andrewjohannes6044]

it's not just because they print money, its because for every 100 out of 1 dollars, the bank can loan another 100 dollars for every one dollar they have in loans/debit/credit.

[@kenallensworth5408]

Tom, most of this audience seems to be extremely ignorant of BTC, they haven't spent the 100 hours of studying this amazing asset to even know what they're talking about! They're ignorance is astounding! I'm 67 , have put in my study time in and Michael Saylor is right on in his explanations, must be that most of this audience "ain't to bright"!😂

[@CjTruHeart]

My friend, I admire that you dove into studying what most people neglect…And the technology started out great, until it got hijacked by Bit.coin core devs…wanna know what I’m talking about go watch Roger Ver’s interview with Tucker Carlson…Roger Ver’s is much more an OG than Michael Saylor. And now the US wants to imprison him for life for writing a book about what happened…BCH is much more aligned with Satoshi’s Vision and arguably the REAL Bitcoin!

[@our.secret1130]

Well u can’t even spell

[@peterrabson3383]

I am the same age as you. I have just read a book called Attack Of The Fifty Foot Blockchain, and it says the blockchain is made by making computers race against each other for the right to make the transaction. This is very slow compared to say, Visa or the banking system in general. So the whole blockchain hashgraf thing is unsuitable for public use, and will draw off way too much electricity. Plus the US Gov is going to use YOUR MONEY TO PAY OFF THE NATIONAL DEBT!

[@zoeyyz]

omg, Tom really likes to talk and talk! stop it, and let your guest speak

[@sergente1]

what do you think about bitcoin totally changing its purpose in 2017 and becoming a digital store of value instead Peer to Peer currency like satoshi wanted ?

[@AC-wl7ve]

It’s called keeping the illusion alive

[@RadicalModeration]

Every illusion needs a misdirection.

[@sorrystarfish38]

I don't understand how it can be a peer to peer currency when it's capped at 21m, the math doesn't add up to me🤷 I think this was the original plan, I mean, Satoshi holds 1 million Bitcoins, yet he wants a peer to peer currency? I don't think so

[@MS45636]

lightning network

[@sergente1]

@@sorrystarfish38 1 bitcoin has 100 mil satoshis..

[@khalledahmed416]

This video has a lot of examples that are not needed at all. Bitcoin is the most secure successful & profitable asset that has been invented. If you can't understand this and need more explanations , then don't invest in Crypto at all.

[@johncrowe6489]

Property tax $10,000 per week?

[@saratogapilot6100]

It's an $87 million dollar house.

[@JaredDeinlein]

​@@saratogapilot6100why doesn't saylor just rent a one bedroom apartment. That mansion is frivolous

[@guyhickson7332]

Still seems steep! Taxes are the next thing Saylor should fix!

[@kidnewton]

So the big question is: Will quantum computing break blockchain systems, and if so, how?

[@waynerichardson1051]

No ..and it won't!! The technology will move together!! Plus, why take on Bitcoin? You'd be wag better off taking on an easier prey, like banks, financial institutions, small to medium countries, ha ha!! Bitcoin?? Too hard, way too hard!

[@Stefano10ace-e9l]

👎👎 YOU just cut off with a disclaimer? 👎👎

[@shrimpmoney8]

The irony is that MSTR creates more and more shares, diluting existing holders.

[@mattwater7693]

Word salad

[@tjmooney4181]

Satoshis are profits for dollars at any exchange rate

[@Veedy]

Delusional is a word that comes to mind.

[@7777maesteg]

The microphone looks like it's from the 1950's ! 😂 Rock on Mike!

[@spencer4522]

Michael Saylor would literally be a genius if any of his metaphors had any relevance or relation to the topic

[@RadicalModeration]

Marketers at their best are like magicians. They have mastered the art of misdirection!

[@msbeecee1]

If u don't see the relevance, then ur the loser 😂

[@drewellis1458]

I can agree on this a little bit. Problem is he is very smart so when he uses metaphors he often speaks over other people's heads. Ironically, I have never seen Saylor act like this before while talking to someone. He seemed he was impressed with the intellectual ability of the person he was speaking with which is very rare. I have often seen Saylor get frustrated while talking to some people.

[@spencer4522]

@ buddy I’ll just keep doubling my money and using you as exit liquidity then. It’s chill with me

[@msbeecee1]

@@drewellis1458 it is very rare how much he compliments Tom !

[@LifestyleUnlimitedUSA]

Exactly the color he needs to be wearing.

[@LDP..]

why is nobody asking this guy about his fraud convictions during the internet bubble from 98 to 2000 ? The fact this guy is still in business blows my mind

[@w12p67]

He's a scam artist. Always has been.

[@8607CAP]

I just think the real estate comparison is a bit much. I understand why he says it in every interview because it is easy to understand but one major factor is that you cannot rent out your bitcoin like you can do with a piece of real estate. You cannot use your asset that is bitcoin, and produce cash flow like you can with real estate. It’s amazing how none of these interviewers bring this up to saylor to hear his response.

[@chadat23]

What do you think you're doing when you put money in the Bank? Why do you think they pay you interest? Why can't this be done with Bitcoin?

[@michael589m]

You can use bitcoin to produce a cash flow, there are many funds on the market that do that.

[@charlesmiller6281]

You cannot have your rental income blocked by laws that let renters live rent free. You cannot lose rent to renters that don’t pay. You cannot lose money to rental damages. Bitcoin building maintenance is zero. I can go on. Saylor certainly has. Question is are you really so ignorant about rent that you think it’s just free money?

[@peterrabson3383]

@@chadat23 Because Bitcoin is not a 'smart contract coin', This will all end very badly I think.

[@justthinking526]

Wait. We never LOST A WAR? What do you call Vietnam? Afghanistan? Iraq? Korea?

[@justthinking526]

Ukraine?

[@Aguijon1982]

He means mayor wars, not local minor stuff

[@brentmunro5026]

Yes, I was shocked he said that. He is still a genious!

[@robverro566]

He was talking about that we never lost wars until.....

[@Lucy-en4jt]

I think my parents yell at me to help me forget. "Um... That's a movie, ideal ending."

[@TinoTM1986]

Pretty sure everyone understands you can’t store $ in dollars by now. Question is why Bitcoin over gold, xrp (or any superior crypto), silver, real estate etc etc

[@Helikzhan-s7p]

Gold isn't as scarce as BTC. I understand people struggle to understand the virtual coin but the way the coin is programmed to work, its mining is restricted to 21 million. That's forever. There won't be another BTC beyond 21 million. If someone forks the project and makes something new nobody will buy what it produces. Symbolically it represents the most fraud-proof asset that can be gotten and it actually becomes a plus being virtual meaning it becomes incredibly hard to seize by authorities. Unlike gold which will be confiscated when there are financial strains on the government. That's why BTC is around 100k and gold is around 2.6k. Gold is mined AND recycled. So the supply of it grows year over year.

[@Hakushodemon]

I’d say Gold can be debased or tampered with like saying a coin has 50 percent gold as currency when the king suddenly starts lowering the gold composite later on to keep more gold for themselves

[@atheplummer]

@@Hakushodemon Gold IS being debased right now. There are multiple times the actual amount of physical gold, in 'paper' gold. Just like fractional reserve banking practices. The only way to find the 'true price' of gold, is for EVERYONE who holds gold 'on paper', demands physical delivery of said gold. Estimates are that price would be between $30-40K.

[@AC-wl7ve]

@@Hakushodemonthese assets actually rely on real market dynamics though. Bitcoin relies on number go up. Of number stops going up it is utterly pointless for anybody to have it.

[@sorrystarfish38]

​@@AC-wl7veit's simply another social product, we can either participate like any other, or fight it, which I myself don't know why, if price goes up that benefits everyone, and it's safe, anyone can buy any amount of Bitcoin, can't with gold though

[@MBarberfan4life]

He's right about monetary inflation. Apple stock is one of the few stocks that has outpaced monetary inflation over the long term.

[@AC-wl7ve]

That is just complete bullshit lol. These things can be measured. Cost of living has not risen the same amount as apple stock since its inception. If that’s were the case it would cost a million dollars to buy banana

[@MBarberfan4life]

^lol, dude is citing the CPI when I said monetary inflation.

[@Heartsinmelody]

Funny listening to this guy try to explain to Michael saylor about risk on bitcoin 😂. What a 🤡

[@SLPC_]

If bitcoin price isn't volatile, it means you're late to the game.

[@tjmooney4181]

Acquire as many satoshis as possible while uneducated people still accept dollars for them 😉

[@frogprinceceo]

comparing Real Estate to Bitcoin is nasty work

[@peterrabson3383]

Ever tried sheltering from the wheather under a hard disk drive?

[@robertlevi3202]

Tom is a Bitcoinier, duh.

[@johnb415]

learn how to type Bitcoiner. duh

[@junepark1005]

What happened to the video? It was getting really interesting.

[@gabrielshaw4729]

Have keep pumping BTC!

[@BobPaddock]

Pump and Dump. Doesn't end well for the majority.

[@RadicalModeration]

These marketers are egregious! Two people heavily invested in BTC sharing unbiased advice about BTC... I wonder what's wrong with that?! LOL! We're the fools for listening to their schemes as entertainment or education.

[@menolopes6479]

Very interesting talk. I wonder if people are keeping there 6 month emergency funds into bitcoin instead of a bank? Would be curious to know if that’s a better idea. Then if you do need emergency funds just sell the appropriate amount of bitcoin needed. The problem might be that you are taxed twice on that money? Would like to hear opinion on this.

[@pacetalks]

I'd err on the side of the volatility of Bitcoin is still too high for an emergency fund.

[@sorrystarfish38]

Definitely not a good thing to do right now, you want to do that when Bitcoin has stability, if 1 or 2 big buyer's sell all their Bitcoin it would crash it right now, I also think having emergency funds in Bitcoin is a good idea but not as of right now, the price would need to be like 500k+ for that extra support

[@rsb8653]

How Tom has this many followers isn really beyond me

[@mgwright56]

I think it's because his topics are interesting even when he or his guests sometimes say questionable things.

[@rowynmaddocks6731]

Bait coin to steal all your wealth

[@irondogallen]

This is a repost..

[@saturupiah5940]

Excellent questions Tom. Love Saylor’s response, it’s hysterically funny. Never get tired of listening to him even though I don’t think he’s really addressed Tom’s questions.

[@BobPaddock]

People like this rarely mention the Transaction Fees. Where exactly does all that money go? Clearly in Their interest to keep pushing BTC.

[@ivarvaw]

To the miners who validate the transactions. It can cost a few dollars to move billions.

[@EricCarrJeetKunedo]

Transaction fees are pennies. And they go to the facilitators of the transactions.

[@shakestr]

Using lightning or liquid transfers formless thana cent. Youre referring to the base layer which should only be used for larger purchases i.e., cars , houses, or purchasing companies.

[@RadicalModeration]

We can't blame them. Every great Ponzi scheme needs an equally great marketing strategy.

[@philb7942]

Saylor owns his house? I thought he didn't believe in real estate. Why isn't he renting and putting that money in Bitcoin? Hypocrisy. Not surprising though given that he has been selling his Microstrategy shares

[@swethas8716]

😂😂😂😂 almost all the bitcoin is already mined, and thinking that would sustain is the biggest joke of the CENTURY!

[@shakestr]

Its divisible by 9 decimal places. 1 dollar is worth 1,049 sats. Xrp is premined and offers zero value outside of the fiat system other than quick transfers. Which lightning also offers on a second layer on Bitcoin.

[@BRM101]

You obviously don’t understand bitcoin

[@Ecomatrix]

@@shakestr and yet Ripple has partnered with many many banks....and bitoin and the lightening network has how many banks using bitcoin???????? you bitcoin maxis are soo narrow minded blows my mind

[@sorrystarfish38]

What exactly is the point your trying to make?

[@shakestr]

@swethas8716 why would that matter?

[@daneomegan]

Lost me at " if you keep all your wealth in cash"

[@getpaid200]

Here is a question. You have money in Bitcoin. The dollar collapses or starts to collapse. A ton of ppl pull their money out. Bitcoin drops. Then what? We seen it with COVID. Bitcoin dropped just like the market. It dropped big. I bought 5 Bitcoin at 1200. Then after COVID it took off. So what will stop it from doing the same thing?

[@cheesecake7671]

why would people pull money out of Bitcoin into a collapsing dollar.

[@violette010]

@cheesecake7671because they need the money to pay for their living expenses. That’s what happened to me- I used my bitcoin to supplement my income when I couldn’t work regularly. I wish I wouldn’t have touched it now but at the time it solved a few problems

[@mochain6797]

@cheesecake7671😂😂😂

[@motley331]

@cheesecake7671 The U.S. dollar (still) is backed by the broad based powers of taxation. As well, the U.S. is chock full of physical assets. The holders of U.S. debt and dollars would be entitled to ALL of America's physical (public) assets. Sure. The U.S. dollar is being eroded. But. It is still backed by assets.

[@koonface]

Dude bitcoin IS the money. We don't ever need the dollar to use bitcoin. You can send bitcoin to someone else without ever changing it to dollars first. It's just the vast majority of people (like yourself judging by the wad of worthless fiat in your pfp) don't understand this and want more toilet paper currency than ACTUAL real money.

[@whatchandstudy7]

Michael Sailor was cooking on this one. Ok ok. I'll buy more.

[@w12p67]

Okay dude, comparing Bitcoin to real estate is braindead stupid. I can live in a house, I can build a property on land. What the hell can I do with Bitcoin, other than hold and hope it keeps going up?

[@sorrystarfish38]

He's not talking about your small ahh he's talking to people with real money, he don't care about you buying Bitcoin if you can only buy 1 house, the target audience are the rich rich

[@w12p67]

​@@sorrystarfish38He always says bitcoin is the only thing that solves all of your problems if you're rich or poor, so what the hell are you talking about. If I can't afford yo feed myself, how does Bitcoin help me?

[@BTCGorilla]

I just watched someone hate Bitcoin so much they censored Michael so he wouldn't get his point across. Thats pretty wild in my opinion

[@charlesmiller6281]

He’s not the sharpest tool in the shed. Nor apparently are his viewers. Says a lot about Saylor he is willing to subject himself even to this level just to help educate the tiny number who might be willing to listen and capable of understanding.

[@kinnanton]

4:09 You win the ww2? Omg, lol. This shows how Americans are full of themselves.

[@alphafitter4699]

Canadian here.. how was Europe handling the Nazis before the American’s entered? I doubt this gentlemen was being full of himself. He’s speaking as ‘we’ won the war probably cause he’s a citizen of America and America was in the war.. you might be over thinking it..

[@rowynmaddocks6731]

The only war that the usa has ever won if you can call it that is the spanish american war look it up on the internet

[@rowynmaddocks6731]

Everytime i send a message about how usa have lost every war im deleted

[@rowynmaddocks6731]

They cant handle proof

[@kinnanton]

@@alphafitter4699 I don't think so. In this context, he's talking about the USA. So "we won all the wars" means that the USA won all the wars. But that's not true at all. The Allies won World War II, of which the USA was a member. Also, the Russians entered Berlin first. Also, as far as I know, America lost most of the wars it fought alone or simply didn't win. For example, Vietnam or Afghanistan.

[@Bee37351]

15k views in 3 hours ? Omg people must really be interested in this topic 🎉 Thanks Tom and Michael 🎉

[@motley331]

Digital air

[@cheesecake7671]

Thank you for confirming we're still early to Bitcoin adoption.

[@motley331]

@cheesecake7671 Been around investing for 30 plus years. I've seen an abundance of scams. Every single time, the hard core believers could not be dissuaded that they were being scammed. The wheels always fall off. Always. You are committing your after tax dollars to ... NOTHING. Nothing. Time will tell. You'll see.

[@sorrystarfish38]

Rather have digital air then corrupted government paper

[@Heartsinmelody]

Michael will go down as the great investor of all time

[@tentonfishstick]

Either I'm drunk or this guy is high.

[@Ecomatrix]

he is high...too much bitcoin stuck up his bum bum....

[@amargacanica1042]

@@tentonfishstick bro , my guy is on some major shit I will not be surprised if he ends up in prison by end of 2025 he will be a fall guy for the government! Or he will end up dead for knowing too much

[@shakestr]

@@tentonfishstick you're just uneducated. I'm not saying that to be mean either. I do suggest you study bitcoin 😉

[@sergente1]

@@shakestrwhat do you think about bitcoin totally changing its purpose in 2017 and becoming a digital store of value instead Peer to Peer currency like satoshi wanted ?

[@tentonfishstick]

You have to admit his rambling examples were a little wild and long winded. That's what I was referring to.

[@SchmittycocoPop]

Self custody is what I think is the game changer. You are your own bank.

[@Bob-kl3es]

Just made $15k shorting this crap

[@Ecomatrix]

well i made multiple millions longing this crap since 2013🤣🤣🤣🤣🤣

[@EricCarrJeetKunedo]

Have fun staying poor

[@cooper410]

Enjoy losing all your purchasing power over the next several years. You probably buy us treasuries thinking that you are getting a deal 😂

[@shakestr]

@@Bob-kl3es at least you're putting your money where your mouth is. Kudos to you.

[@peterrabson3383]

@@Ecomatrix NO you have not BECAUSE YOU HAVE NOT CONVERTED IT DO DOLLARS BY SELLING IT!

[@synesthesiafilms]

Man what did he smoke. WTF the valley is lit up! YEA BRO LIGHT IT UP!!!

[@patrickplaysguitar1493]

Jesus's, every time he is asked to explain something, we end up with a story longer than the bible!

[@IsabelleRoulin-l7h]

😂😂😂😂😂😂😂

[@coldflu]

While Saylor’s moves have undeniably advanced Bitcoin adoption and awareness, they highlight how entrenched even the most vocal Bitcoin advocates are in the fiat system. A true Bitcoin Standard is not just about holding Bitcoin-it’s about operating outside the fiat framework entirely. MicroStrategy is still playing the fiat game, albeit with a bold twist.

[@pauld2913]

Saylor is a salesman attempting to sell a ponzi scheme.

[@DailyPragmatism]

Ah yes, the catalyst for the next financial crisis live and in person

[@ronnuttall7607]

Why are you promoting this guy he has a VESTED INTEREST in more mugs putting money into bitcoin . Bitcoin is a name on a piece of paper, it earns nothing only increases if more mugs put in money. DONT FOLLOW HIS ADVICE he needs you to put your money in or he earns nothing. Do not fall for this ponzi scheme. Buy solid stock in good companies who have a CEO and EARNS PROFITS bitcoin earns nothing. This man needs you to follow him in with your money. Stay safe, good luck.

[@jpsalva1]

your ignorance is impressive

[@amargacanica1042]

You are one of the few that understands that bitcoin has no utility value

[@amargacanica1042]

@@jpsalva1 explain why you think that or else you have no argument

[@Ozymandias1]

Won every war? Vietnam? Afghanistan?

[@bobbyblanding5253]

Michael is 12 years into this and he still doesn't know what to call bitcoin an asset or cash or solid store of value. hilarious.

[@atheplummer]

Yeah, for a while he was calling BTC, "Digital Capital"... Without explaining what the definition of 'Capital' actually is... Capital is anything that actually makes you more wealth. BTC has no mechanism to make more of itself... It totally relies on adoption (more users), and the inflation rate of the currency you compare it too. Now, there ARE a couple of crypto's that actually make more of the tokens, simply by promising NOT to sell them for a period of time... Called a smart contract. Hex and Texan tokens have the ability to make said promise... If you keep the promise, you get a portion of the inflation of the token. You are actually making more of what your initial investment was, therefore, those fit the definition of 'Capital' better than BTC. And the only 'work' you have to do is make & keep your promise, just like 'investing' in a bank Certificate of deposit. Currently, Hex is averaging 38% APY, on the tokens, not a comparative other currency. That means (by the rule of 72) your total amount of tokens double every 2 years. Basically, you become your own bank.

[@RadicalModeration]

When we understand that we're just listening to nothing more than sales pitches on this platform we realize we're the fools for expecting more from these creators.

[@sorrystarfish38]

​@@RadicalModeration this sales pitch is for global adoption, I'd say it's well worth🤷

[@RadicalModeration]

@@sorrystarfish38 Well worth what, your listening time, or the actual investment?

[@AUNEEKUZIRNAIM]

There is also theft of bitcoin that is a risk. I've heard enough reports of that happening to be cautious.