Michael Saylor: Bitcoin, Inflation, and the Future of Money | Lex Fridman Podcast

[@lexfridman]

Thank you for listening ❤ Check out our sponsors: lexfridman.com/sponsors/ep276-sa See below for timestamps, transcript, and to give feedback, submit questions, contact Lex, etc. 0:00 - Introduction 1:43 - Grading our understanding 14:01 - Inflation 33:37 - Government 54:47 - War and power 1:05:57 - Dematerializing information 1:37:18 - Digital energy and assets 1:48:56 - Oil barrel vs Bitcoin 1:58:16 - Layers of Bitcoin 2:15:27 - Bitcoin's role during wartime 2:20:11 - Jack Dorsey 2:36:31 - Bitcoin conflict of interest 2:43:13 - Satoshi Nakamoto 2:48:38 - Volatility 3:01:03 - Bitcoin price 3:13:19 - Twitter verification 3:22:16 - Second best crypto 3:27:58 - Dogecoin 3:32:31 - Elon Musk 3:38:00 - Advice for young people 3:49:27 - Mortality 3:52:32 - Meaning of life *Transcript:* lexfridman.com/michael-saylor-transcript *CONTACT LEX:* *Feedback* - give feedback to Lex: lexfridman.com/survey *AMA* - submit questions, videos or call-in: lexfridman.com/ama *Hiring* - join our team: lexfridman.com/hiring *Other* - other ways to get in touch: lexfridman.com/contact *EPISODE LINKS:* Michael's Twitter: twitter.com/saylor MicroStrategy: microstrategy.com/ Michael's Book: amzn.to/37J2iA0 Book mentioned: amzn.to/3jwsIaP *SPONSORS:* To support this podcast, check out our sponsors & get discounts: *NetSuite:* Business management software. Go to lexfridman.com/s/netsuite-ep276-sa

[@npc2172]

Can you interview these persons: Yuval noah harari Shivon zilis phil plait Paul Graham Adam Frank David deutsch patrick collison jason pontin Adam Grant Louis ck Stephen clobert Ricky Gravis Aaron sorkin Christopher Nolan Neil dygress Tyson Sasha Baron Cohen Jessica flack michael levin ricard sole judea pearl peter turchin Kevin Mitchell

[@glas3994]

Lex u G, i was just getting into saylor, thank you for reading the global sway and flow and providing us with the some awesome content.

[@brianp.945]

Come on Lex I’m a frequent listener but I really wish you would stop interrupting your interviewees while they’re trying to explain something important and interesting😕, i so wanted to hear about the second wave!

[@niiclark6452]

Crypto! Digital Gold! AC the Great.100% Moon. Whiterapper from CO.Thank you for your support.amazonavailable💯💪 new videos coming to KZbin soon

[@afrimkalanderi4275]

Es

[@seongkoolee2074]

Being brilliant is one thing. Being brilliant and being able to communicate like Saylor does is such a unique trait.

[@vladimirtokarchuk4892]

He is an incredible communicator, I'm in awe

[@adalbertabendstorer1189]

The biggest fraud und gambler is brilliant?? LOOOL

[@LookDeeper]

@@adalbertabendstorer1189 it’s the message that is pertinent not the messenger.

[@Ken_from_mumbai]

He’s a good salesman for sure.

[@hv1461]

Gigachad. I love this man.

[@fillyd]

The "advice for young people" 1. Focus your energy 2. Guard your time 3. Train your mind 4. Train your body 5. Think for yourself 6. Curate your friends 7. Curate your environment 8. Keep your promises 9. Stay cheerful and constructive 10. Upgrade the world

[@josefdavis1608]

And wear sunscreen

[@isabelsanchezsanchez8647]

Thanks

[@georgecarlin2097]

@@josefdavis1608 Advise. A form of nostalgia. Man.. Only us old folks (mid 30's here) will get your brilliant reference

[@jtfastflash2643]

Use deodorant lol

[@HearMeNowBrother]

Type of person I want to meet, someone like myself.

[@honglouis]

3:38:59 1. Focus your Energy 2. Guard your Time 3. Train your Mind 4. Train your Body 5. Think for your self 6. Curate your friends 7. Curate your environment 8. Keep your promises 9. Stay cheerful and constructive 10. Upgrade the world

[@brunoheggli2888]

Be a lier and coneman!

[@HR-yd5ib]

Not sure he is a conman. I think he actually believes the bullshit.

[@dougrobertson555]

Looks likecMicrostrategy blew up , Good idea? No, not yet. Poor Michael.

[@HR-yd5ib]

@@dougrobertson555 it did??!? Where did you read that? Frankly the whole BS about digital energiy etc. should have raised a lot of red flags long time ago!

[@84gaynor]

The dollar is literally being destroyed / debased / devalued. The best performing asset in the history of the world is BITCOIN. BITCOIN is by far the best store of value. 10 years from now you’ll be thankful for every dollar you put into BITCOIN.

[@gagnepaingilly]

well the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.

[@sommersalt88]

Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyse the market.

[@kansasmile]

could you recommend some good advisers? don’t get me wrong, I already have an asset manager for my 300k portfolio, but he seems not to know much about crypto.

[@sommersalt88]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jennifer Leigh Hickman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@kansasmile]

Thank you for sharing, I must say, Jennifer appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.

[@KhuramImtiaz]

Lex you have done a great job interviewing M Saylor. Everytime I hear Saylor I understand, the same things he says, in different ways. Loving the interview.

[@DexterTheDuck]

Lex I love that your willing to ask what words mean that he uses. So many people just pretend to know what he's talking about. Gret job with this interview.

[@tumelomalete255]

Hahaha

[@JaiHylRubis]

Speaking of inflation at the beginning what I think he's trying to say is there are limiting factors, hidden parameters. It reminds me of Twain and his summary of statistics. The human perception is seriously compartmentalized. lol 💖🙏🌻

[@Skyrai49]

Agreed. Most important job as an interviewer.

[@whiplashw3948]

He could do more of it because i often don’t have a clue. But he does a very good job at this already! Definitely compliments worthy!

[@JaiHylRubis]

@@thewiseturtle really? Perhaps not so wise. lol

[@jarrydhennequin7905]

**Michael Saylor’s 10 Observations** 1. **Focus your energy:** Your energy is limited, and trying to accomplish too many things can leave you feeling overwhelmed and unproductive. Instead, focus on doing one thing well. 2. **Guard your time:** Protect your time from people and activities that don't contribute to your goals. Being mindful of how you spend your time can help you stay on track. 3. **Train your mind:** Practice and develop your skills in areas that matter to you, such as music, math, or engineering. 4. **Train your body:** Take care of your physical health because it's essential for overall well-being. If your body breaks down, it will affect other aspects of your life as well. 5. **Think for yourself:** Don't let others dictate what you believe or how you live your life. Be critical of the narratives and messages that you encounter and make your own decisions. 6. **Curate your friends:** Choose the people you surround yourself with carefully. You don't need many friends, but the ones you have should be positive influences in your life. 7. **Curate your environment:** Create a safe and productive space for yourself, whether it's your home or your workplace. Make sure that your surroundings support your goals and well-being. 8. **Keep your promises:** When you make a promise, keep it. This will help you build trust and credibility with others. 9. **Stay cheerful and constructive:** Negativity can drain your energy and distract you from your goals. Stay positive and focus on constructive ways to address challenges and setbacks. 10. **Upgrade the world:** Use your skills and talents to make the world a better place. Whether it's through your work, your hobbies, or your interactions with others, strive to leave a positive impact on the world around you.

[@MrFukyfuk]

Amazing.. that is all i need, thank you man😊

[@joycehaines2055]

Upgrade your world will provide for rest of points.

[@NicholasBall130]

I admire your dedication to educating your audience. We all aim for financial stability and a better life. Achieving this is possible through wise investments, frugal living, and careful budgeting. I'm grateful that I learned the importance of working hard for financial freedom at a young age.

[@StacieBMui]

In my opinion, making a smart investment is not only a technique for earning passive income, but also a profitable way of saving for future expenses. People who fail to make the proper judgments early in life often come to regret it later in life. Nonetheless, investing alone can be difficult and risky. As a result, I recommend obtaining an expert’s assistance. The challenge is not just watching videos and reading investing books; it is about implementing information effectively.

[@cowell621]

I wholeheartedly concur, which is why I opt to entrust the day-to-day decision-making to an investing coach. With their specialized knowledge and extensive research, it is highly unlikely for them to underperform. Their expertise is centered around harnessing the asymmetrical potential of risks while also employing measures to safeguard against unfavorable outcomes. I have been collaborating with an investment coach for more than two years

[@LiaStrings]

I’ve been worried sick about the current state of my portfolio, who is your advisor?

[@cowell621]

Sharon Lee Peoples is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@VictorBiggerstaff]

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

[@caballero1811]

This is probably my only chance to thank you, Michael Saylor, for Saylor's Academy, having free education online available for anyone. There is no way I would have have access to such level of education for I'm a Mexican immigrant illegally residing in this country since 2007, I truly wish I had the knowledge I have now 15 years ago; I'm currently taking ESL and Economics. I'm still learning as you all can probably tell by the way I type. Thanks a lot to you too Lex, for sharing your knowledge and for letting us, simple mortals, pick up the on the brains of all this exceptional human beings. You are making us smatter everyday with every podcast we watch/ listen to.

[@sanjayaiyar4351]

Your English is actually excellent.

[@andanssas]

Even if Michael doesn't come across your message, your appreciation is embedded in each certificate you took from his academy and referenced in your curriculum. El poder del conocimiento crece cada vez que lo compartes: disfrútalo y sigue aprendiendo 🙏

[@konkyolife]

The USA needs good hardworking people like you, please look into getting your paperwork organized, you are an asset to the USA, don’t call yourself an illegal anything.

[@markpalmer8083]

Surely after 15 years you have acquired a legal right to be there and can sort that out now.

[@caballero1811]

@@markpalmer8083 not possible, lol.

[@Avidcomp]

I think this might just be the best chat I've ever listened to with Mr Saylor. Thank you and thank you Lex.

[@Sovtoshi_alt]

Tucker and Saylor is shorter, and better IMO. It's more focused if I had to pick one.

[@DanielTriesLife]

More of a monolog but yeh

[@Michael-qy1jz]

Jack Dorsey- Bastian of Cencorship wants phones with 100% tracking by big corps supraceding Government, and we see Twitter Cencorship and Deplatform Programs!!

[@Sovtoshi_alt]

@@Michael-qy1jz he left Twitter in part due to him not agreeing with censorship. I believe Jack is misunderstood by many. People pro Bitcoin are very rarely pro gov control.

[@Michael-qy1jz]

@@Sovtoshi_alt Yes, but he did agree with alot of the cencorship.

[@chezaraeyothers5164]

I'm glad to see an intellectual mind interview Michael Saylor. Nothing against the crypto bros talking about BTC going to the moon...but this guy is brilliant and I'm glad to see someone carry an intelligent conversation with him. And yes, I'm all in on BTC, but for the fundamentals and I believe in it's future, not because all those moon boy crypto channels trying to pump their bags of XRP and shib

[@XxfishpastexX]

has crypto been effectively centralized because it’s value depends on the banking system to function?

[@fredjohnston7022]

@@XxfishpastexX Nope. Commerce in Bitcoin/lightning will come - as merchants understand that's how people will/want to pay, they will adopt - and all those transactions will be outside the banking system. Patience.

[@aubz9924]

Not crypto, Bitcoin

[@pagexx]

I count his interviews with Robert Breedlove as intellectual and not "moon boy" as all of Breedlove's interviews tend to be. Have you seen them? They're spectacular.

[@DieLazergurken]

@@fredjohnston7022 but I don’t want to pay in bitcoin

[@carl9901]

Why does the KZbin algorithm take me here ALL the time?

[@contrariangrin]

Same. Never searched it out. But auto play ends up here

[@danielwilson1105]

If you don't own some corn, buy...

[@jazcaan9576]

For some reason Algorithm always sends me to this and few other "Juwwish" podcasters

[@Susanne2345]

I wish it had brought me here sooner 😅 and I guess the white hats are even on KZbin

[@pshyeah1128]

EXACTLY!!

[@eyesWlDEOpen]

Really great talk. Felt blessed to be sitting at my house watching this interview for free. Keep doing what you’re doing Lex

[@1waya.c]

Old man is like a kid thinking about a math question too hard 🤣🤣

[@jfnjimmynolan5536]

The Clint Eastwood quote Saylor mentioned, “A man’s got to know his limitations” is from ‘Magnum Force.’ Just my infinitesimal contribution to a brilliant conversation.

[@Kaotonix]

I came here for Saylor's take on Bitcoin, and I left with nuggets of wisdom about so many other things. What a wonderful conversation!!!

[@skydiver711]

Duhhhhhhhhh

[@naradaAye]

Why doesn't anyone ask Michael why his vision of Btc is so off from the white paper?

[@pocketminer702]

​@naradaAye He does this because you can build and integrate services and businesses in and around Bitcoin, and regardless of what you do afterwards and no matter what, the core principles and rules of the Network will stay the same.

[@Mrmike-g7p]

I respect the work you put into your videos. I find it really baffling that all the major crypto KZbinrs are only looking at pure waves and completely ignoring the broader narrative of why BTC is pumping and why the future outlook may not be as optimistic as it seems. It's kind of irresponsible to note the fact that every ETF launch so far has caused a major spike in BTC's spike. Already on shaky ground with historically low volume and near pure whale pumps, we narrowly avoided a simple bear market........ I have managed to grow a nest egg of around 210k to a decent 932k in the space of a few months... I'm especially grateful to Harry’s Dent, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@Mrmike-g7p]

He mostly interacts on Telegrams, using the user-name,

[@Mrmike-g7p]

@HarrysDent.

[@DucTung-go4uw]

The internet is filled with so many useful information about Harry s Dent crypto….

[@RobertBlankenship415]

Wow. I'm a bit perplexed seeing Harry’s Dent been mentioned here also. Didn’t know he has been good to so many people too, this is wonderful.

[@DeliciasAileen]

Dent analyses go beyond surface-level trends. he delves into technical, fundamental, and sentiment analysis, providing a holistic view of the market.

[@albertcoia184]

Would love to see a part two with Saylor

[@davidzawistowski4073]

Arrested for participating and promoting the bitcoin pyramid scam…

[@puravidaot]

USD is a scam. Bitcoin is the way out. Wait and see

[@rileysmall4317]

​@@davidzawistowski4073😂 Bitcoin pyramid scam.

[@michaelangelos5117]

​@@davidzawistowski4073He's too busy counting all his profit for all his bitcoin. Your comment is interesting but realistically bitcoin is built upon the ultimate pyramid scheme which is the fractional reserve system.

[@vivarantx]

you say that cause you have your own agenda ​@@davidzawistowski4073

[@gdevore1981]

Yessss Michael Saylor. You're killing it Lex!!!

[@bethgreenberet1734]

Bitcoin is a ladder

[@TheHuxely]

Grift

[@topdog5252]

@@npc1894 massive day!

[@nolaughingmatter]

If Lex can handle Charles Hoskinson for 5 hours, he can handle anything

[@pocketminer702]

​@@TheHuxelygrift still huh?

[@416dl]

Just when you think a 4 hour podcast is long enough, I find myself spending even more time going over the more salient points in Mr Saylor's smart, interesting and even wise thoughts. Thanx Lex and Mike. Hope you will have more opportunities in the future. Cheers.

[@JakobWilliamHedrichSikhMoor]

It's 3 hours 56 minutes and 54 seconds long

[@alsowinehouse]

Dead Internet... Every time I fall asleep I wake up to this horrible podcast.

[@JoltinJoe26]

Hahaha.....I like Lex, but yeah, always wake up to his podcast

[@Kspat2]

Seriously I’m not subscribed nor have liked a single one of his videos but everytime it auto jumps to one.

[@GMP123]

This particular podcast.. If you follow it correctly.. In 10 years you will never work again..

[@Reviewchiller]

Haha me too

[@Hitngan]

Fate is trying to give you and generations of your family financial freedom. Embrace BTC x

[@thehybrideffect637]

Dear Lex, I rarely write comments anywhere… However, having found your channel is a true treasure chest for inspiration, motivation amd education. Now, everyone can listen to and learn from the greatest role models and leaders there are on this planet. Your interviews contribute to evening it out between the haves and the have nots, when it comes to having access to people who one can look up to. Thank you.

[@mfer134]

"Money is a great Servant, but a bad master"--love that quote. Learned so much Lex. Maybe Bitcoin is more than I thought.

[@markpalmer8083]

Maybe? Where have you been?

[@alyssacrypto]

@@markpalmer8083 At every 2-3 years I hear that now is the time to invest in BTC from some segment of crypto... and upon the slightest digging I again hear "you can't mine against the megafarms anymore, only big investment firms can buy up BTC in any meaningful way" from the realists not trying to sell you a bridge. People need to face that to be successful in crypto you needed to be part of the gamble phase unless you're a venture capitalist by trade. Or have some layer 2 ideas to gain capital/value in the space.

[@vincentrao3466]

@@alyssacrypto define what successful in crypto is. Bitcoin is a new and arguable the best form of money and it protects your purchasing power. Just storing some of your Wealth in it can make you successful. This isn’t a gamble or a game. This is money

[@rileshellyeah3628]

Agreed. IMHO Bitcoin & the DeFi movement could easily end the Central Bank's abuse of economic power by globally providing the 99% financial freedom from the banking cartel's selfish, greedy & destructive schemes.

[@BigJonkulous]

It's still early

[@johnlocke9609]

There's some engineers some physicist, etc. But hidden in plain sight, there's some really brilliant ones that manage to digest many concepts without problems. This guy is one of them. This is the kind of guy that was sufficiently open to see what all this was about, make a turn, push hard, then some. Then contribute, changed his whole company, people around it. And accepts to be questioned. Legend!

[@johnlocke9609]

@@eightpointcross4947 Is not about trust to this guy, and he already talked about the first time a friend of his tried to get him to understand, and he didn't get it. As many. I mined before BTC was out, there was a little old site called e-gold, not the one that is right now. It was like 2 years before BTC, I mined a lot and didn't went anywhere. Then when BTC was public I've mine a few coins in cpu. So is not about trusting this people. Is about a guy that understand physics and loves closed systems, the actual lost in thermodynamics, what's the entropy of every system. Etc. Besides, he put 79% if his company, which by the way, it's doing business in logistics, which helped a lot, thinking in general as a multidimensional vector. In general, he likes as I do, to apply numbers and trajectories to any dynamic system. That's why is grate to have people like this engaged on crypto. Is your responsibility to decide what to do. Not to follow their steps.

[@tonysilke]

The recent Bitcoin's value marks a significant moment in the cryptocurrency market, indicating not just a temporary spike but the onset of a potentially larger trend. This positive trajectory reflects growing investor confidence and suggests a broader shift toward global cryptocurrency acceptance. The movement presents a prime opportunity for investors, especially day traders, to capitalize on Bitcoin's bullish momentum, highlighting the importance of strategic investment during such pivotal market trends.

[@Dannyholt33]

Becoming a good trader takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit.

[@Nernst96]

It is recommended to seek the assistance of a financial advisor or broker to assist you with your portfolio given the present market condition

[@PhilipDunk]

I wholeheartedly concur, which is why I like giving an investing coach responsibility for making everyday decisions. Given their specialized knowledge and study, as well as the fact that every one of their skills is aimed on leveraging risk for its asymmetrical potential and limiting it as a buffer against certain unfavorable turns, if is practically impossible for them to underperform.

[@mikeroper353]

@@PhilipDunk Could you kindly elaborate on the advisor's background and qualifications?

[@mikeroper353]

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing

[@DRienecker]

I understand Bitcoin better now, great talk, Michael Saylor is very interesting and someone who seems to have a good view of the future. Thank you Lex.

[@mikhelBrown]

Michael Saylor is a god. A Decade ago he published a book called 'The Mobile Wave' and he stressed that the past decade was going to belong to businesses or business models that targets or is designed to seek out patrons who uses smartphones. And guess what? He was spot on.

[@Bball38]

@@mikhelBrown I know there's probably more to it, but weren't smartphones already taking over by 2012? Doesn't seem like a hard prediction to make that late

[@ZZ-sb8os]

If you want to fully understand Bitcoin, watch this - kzbin.info/www/bejne/j4LCqYqsjZahb8k&ab_channel=FoldingIdeas

[@maximkikena622]

How with his all his intellect does he not realize that the government has infinite and controls every from of economy entirely

[@lnc-to4ku]

This guest is so intensely smart and knowledgeable- Lex always has the most intriguing and brilliant guests, and his ability to be able to intelligently converse with such a broad range of truly brilliant minds is just amazing!! Cannot wait to finish this one!

[@kinglebronbo7486]

bot

[@kirstinstrand6292]

I've been wondering, a while now, why everyone sounds so exceptionally articulate.😮😢😂😅😢

[@markro1017]

Listening to a blowhard who likes to hear himself talk and whose only claim to fame is luck boxing into one crypto coin and never moving on, is not smart or knowledgeable!

[@bgdjovan]

Michael Saylor is the most inspirational and amazing person I've heard in a long time.

[@Proximo1776]

Bravo to Lex 👏 for slowing Michael down so the little people can understand! Thank you for asking what the words mean and clarifying his articulate responses. Thanks lex and Thank you Michael Saylor for taking the time to share your brilliant mind!

[@oneiljerry9460]

Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks at a discount since the beginning of the year and yet the cycle continues with more losses, I know the idea is to hold long term but God I could really give anything to see some growth happen to my portfolio.

[@alexyoung3126]

Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.

[@lawerencemiller9720]

There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

[@stephaniestella213]

There's a decline in my portfolio. lost over 12 thousand this week alone. Can you link me up with your handler?

[@MrAkon12323]

Well we’re not in a bull run. Buy now while in a bear market and sell in the next bull run. What about that don’t you get?

[@TMACMACHINE]

Buy Bitcoin!!!!

[@S54VR6]

Great Episode. Its clearly obvious who actually understands physics with bitcoin versus the other crypto guys you've had on. Those guys are tech savy but do not understand history or economics. Michael Saylor is another level.

[@jonaspiva41]

😂🤮

[@ZZ-sb8os]

To understand history is to understand how cryptocurrencies are just the next conman's swindle - kzbin.info/www/bejne/j4LCqYqsjZahb8k&ab_channel=FoldingIdeas

[@shellylofgren]

The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling. What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $401k worth of stocks?

[@duane_29]

Even though there will probably be more pain in the future, investors should look for stocks like Royal Philips NV and Alstom SA that have been sufficiently battered down to be a bargain or get a great portfolio manager.

[@HarrietBemish]

That's why I'm creating more income streams that I have complete control over. These will take me places that my day job never could. The earlier you start investing your money and putting it to work, the more time compound interest has to work its magic on your portfolio. This is how I'm going to achieve early retirement and it's possible for everyone. understand , know the path needed and stay committed to the craft

[@philipr1759]

@@HarrietBemish How are we going to achieve all that given that the market has being a mess most of the year seems farfetched. I keep hearing that the market is pricing in a 60% probability of a 75 hike. But isn’t it also pricing in a dovish fed that’s going to pívot relatively quickly?

[@HarrietBemish]

@@philipr1759 My advisor Christine Jane Mclean is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@jamesbuttery3862]

👆👆👆🔥🔥 SCAMMERS 👆👆👆

[@ElisaLaurent-yu6tp]

If you are properly prepared and have the necessary knowledge, every crisis/crash/inflation or recession offers equal market opportunities. I've seen people accumulate up to $800,000 during crises and even do so with ease in a terrible economy. No doubt someone has become enormously rich as a result of the crisis.

[@kingsleywalker9794]

It's best to find an advisor right now, unless you're crafty yourself. As a business owner in both the service industry and an eBay reseller of all product categories, I can tell you that we are in a deep recession and everyone is running out of money.

[@ElisaLaurent-yu6tp]

I agree, having a brokerage advisor to invest in is great! In the midst of the 2008 financial crisis, I was actually having an investing nightmare before I contacted an advisor

[@Shyannebrown-sr8uw]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to get involved. Who is the driving force behind your success?

[@ElisaLaurent-yu6tp]

CHRISTOPHER SCOTT TRADING

[@ElisaLaurent-yu6tp]

He's on Instagram

[@DavidCutler]

Michael Saylor's advice for those entering Adulthood: 1. Focus your Energy 2. Guard your Time 3. Train your Mind 4. Train your Body 5. Think for Yourself 6. Curate your Friends 7. Curate your Environment 8. Keep your Promises 9. Stay Cheerful & Constructive 10. Upgrade the World

[@bewell4743]

Thank you.

[@s0bad]

5. And 9. Are not compatible in today's world lol

[@kenbear9290]

Step 11. Buy btc

[@russelljconquerslifehawkey]

I just started listening to Lex Fridman yesterday and I am addicted. He has some of the best questions and he is so neutral. I’m just so impressed. What a great interviewer

[@boxlessthinker1973]

I agree. One might suspect that he picked a different elective than Econ. He’s (like many of us) pedaling hard to keep up with Michael who carefully answers each question without condescending in the slightest.

[@OnionKnight541]

"My mistakes were always my good ideas that I enthusiastically pursued." - Saylor. This is a spot on quip.

[@P__114]

Can someone explain this? Stupid question maybe, but I don’t quite follow.

[@MikeyDiL]

@@P__114 yea im not sure i follow this either

[@allisknu11]

It means, you thought your ideas were so good you believed it, but it turned out to be a costly mistake. But a lesson learned.

[@DavidDavoDavidson]

None of what these guys said. What Saylor meant was that there isnt enough time in a life to pursue just the 'good' ideas. You must pursue wholeheartedly the 'great' ideas in order to make any real change with your finite time.

[@sbove]

@@P__114 Good Vs Great ideas. Self curate to focus on the GREAT ones. You will have thousands of merely good ones. This is job one of the creative person. Job two is to figure out how to complete the great ones relentlessly (and if it's a business idea, to back away from the big vision and figure out how to start it with the perfect minimum viable instantiation [minimum risk, MVP = minimum viable product] and grow it organically without having to ask anyone for money). Both of these are very hard in high signal to noise real world/life.

[@HarryStiles-k1k]

I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

[@DamonFrancis-e7n]

Investing can be complex, so it's smart to get professional guidance when building your financial portfolio.

[@JasonFrancis-t4v]

It's a great idea to have a conversation with financial advisors like Naomi Dean to reshape your portfolio.

[@RamseyWilliamson]

I spread out my $25k portfolio across various markets to diversify my investments.

[@BrandonPalmer-h1g]

That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.

[@DavidBradley-j4r]

Naomi Dean stands out from other brokers because of her realistic approach, unlike those who often set unattainable targets and fail to deliver. She's truly unique!

[@gingermo]

I studied Economics at Uni, and well, after listening to this. I feel dumb, hahaha. This was so brilliant! I am so glad that this content is available for everyone. So grateful

[@Mavendow]

That's because it's not entirely honest. Say, how does the value of a fixed-base coin continually increase? Is that relative to inflation? This implies exchange with inflationary currency. However, if Bitcoin were to predominate wouldn't it then be subject to the immense inflationary/deflationary spikes of the 1800s dollar? If yes, would that not make it an inferior monetary vehicle? If no, how would its value continue to increase? By way of an increase in the human population? Then how does that population not become owned by unfair price manipulators since Bitcoin's design makes it hard to seize? Would a solution be address/coin banning? If so, does that mean financial crimes will increase Bitcoin's value? These hard questions are not addressed. This piece is closer to propaganda with its "HODL forever" mentality...

[@SuperMooshrooms]

Studying Economics are university is a mistake. Lots of powerful groups pay for dishonest infomation to be propagated in the universities relating to economics. You are better off learning a useful skill and studying economics in your spare time.

[@elektrotehnik94]

@@Mavendow You speak like a maximalist, and the world (almost) NEVER works like that - in a maximalist way. Bitcoin(-equivalents) will take a lot/ majority of the market share, or will force governments to have competition, making government monetary systems less exploitative over time (same as free market principles have positive effects on any free marketplace of anything valuable). Doesn’t mean crypto will (necessarily) take over ALL of the monetary classes. There is co-evolution of “currencies” going on here that nobody can be 100% SURE about how it will play out in the long-term; but old system, as a rule, ossify & get taken over/ out-competed by new, young, innovative & risk-embracing systems (as is with people, so is with companies ^^). With Love ❤️

[@alexg963]

Same here. I would say that, coming out of school, I kind of had a sense of how little I knew about economics though. Through elective classes as well as through learning more about economics in my free time out of interest, and seeing the breadth and depth of topics that my degree barely touched on. For my undergrad economics degree at least, i would say it was centered on the foundational trends in micro/macroeconomics. But Michael is completely right that economics is so incredibly complex, and that we as a society don’t address its problems as if that were the case. Our global economy is an emergent system that no one person can completely comprehend, unfortunately. And I think he’s also right that we are going to be facing some economic hardships in the near future resulting from how we’ve chosen to manage that system.

[@fattyjaybird7505]

@@Mavendow the only way currencies increase is from investors in the faith of the future that it will do well and make them more money rather than lose thier money, it has no bases on other currencies other than the idea that they " overshadow " them currently.... its basically a game thats betting on the fear and hopes of humans that believe that monetary value is the means of thier lives

[@BrianOngacho]

For me, this was the most mind and eye opening interview I've ever listened to, and the almost 4hrs was worth every sec. I'll re-listen to it again and again before I sleep, whole or in segments ☺️, thanks lex

[@brocco4071]

There’s a 12+ hour version over at What Is Money Show with Robert Breedlove episode 1. enjoy! 🧡

[@rickspalding3047]

Robert Breedlove is a clown

[@Daboiyzz]

I finished college and was taught worthless information. This man taught me everything

[@RockyFretz]

It's awesome that you can see that and pivot. :) happy trades 💰

[@thequake180]

if nothing else higher education teaches you how to think critically which is why you can appreciate what someone like Michael Saylor is saying. a less educated person probably wouldn't have a clue.

[@beng4647]

You must be really smart 🤣

[@TheKadster]

I have watched this three times over the years. I learn more every time I rewatch

[@MarcAndreRoussil]

Thanks for this podcast with Saylor, I wished for it for a long time, keep up the good work Lex and Michael!

[@SavvyFinanceOfficial]

Wow brilliant interview Lex. Thanks for bringing the biggest bitcoin bull on board. Halla Michael Saylor!

[@v1kt0us]

Dude, you haven't finished it, not even at 2x ¬¬

[@SpenDoc757]

@@v1kt0us 😂😂

[@SavvyFinanceOfficial]

@@v1kt0us lol, The little I watched before the comment was enough

[@v1kt0us]

​@@SavvyFinanceOfficial Well, now I can finally agree that it was great indeed, totally worth it XP

[@NightwatchN8]

Yeah always a fascinatingly 'unbiased' conversation talking to someone heavily financially invested in something ..

[@renecormier1688]

These two are torchbearers of Sovereign Individuality, and they are appreciated. Thank you, Gentlemen! You've restored my hope.

[@rajeshupadhyay5683]

Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figure in 3 month, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement.

[@lezliewhicker8450]

@@rajeshupadhyay5683I'll suggest you lookup Priscilla Dearmin-Turner, she's my real investment prodigy and has also help me handled my trades for over 18 months now.

[@ayubamaikyau7298]

Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.

[@davidhudson3001]

A news host spoke so highly of this💕 Priscilla Dearmin-Turner and her loss prevention strategies been trying to get to her ever since didn’t know she was so accessible here.

[@ericalorraine7943]

I'm surprised you are talking about same woman? i've been making a lot of profits investing with her for months now

[@GLOWINTHEDARKCIA]

Lex sounds like a pothead, Saylor sounds like a visionary genius.

[@alexthebeast5014]

4 hour interview and I could listen to another 4. Great interview. I've re-listened 3 times just to soak it all in.

[@mitchellmccallum9778]

I love the part where he starts off with some kind of insinuation of the murder of George Washington. What a cynical man or atleast a man who wants to use your cynicism to get him rich.

[@killtrocity6857]

There's doing God's work..

[@TeshTube]

Amen brother!

[@JB-bv6jl]

I wish i had the time lol

[@Exploring_Adventures]

Michael Saylor is a fascinating individual. I think he may even bear out Elon Musk. It’s close and may be a toss up, but he may win.

[@MeSaCdc]

This is such a great conversation! Micheal switches so seemlessly to different topics. Its nice nice to hear him speak about different things than bitcoin. Thanks Lex!

[@hbraasch]

Switchingtopics because he was interrupted all the time...

[@MeSaCdc]

@@hbraasch Brother, this interview is 4 hours long. There's only so much time in one day

[@rhino202]

Seriously brightens my day when you ha e a new interview. I can just put in some earbuds and get to work

[@bewell4743]

Truly!

[@quietudeconstruction3993]

Yeah some days I experience withdrawal,😄

[@vmfan96]

Facinating interview Lex. Great questions to get the juices flowing for both guest and audience. They allow us to peer into the great minds of our generation and with Social media it will be kept in a digital library for many others to study and be inspired. Something common to all these great minds is that they are all well read. Books, written and audio, as well as conversations such as these expand our minds and intelligence. Practice then reinforces our understanding of what you learned.

[@dixienormus8406]

A brilliant man who went most of his life relatively unnoticed.

[@DexterTheDuck]

Most do.

[@blueresolve2954]

He owns MicroStrategy. He's quite well known.

[@stereodachs]

That’s over very soon ! He will go in history as Gigachad Saylor !

[@MrWorstnameever]

he still is unnoticed to a lot of people

[@sanjayaiyar4351]

He’s just not known to you.

[@forgingluck]

30 minutes into it and I like this guy's way of explaining things. Great episode!

[@CorwinYoutube]

Dude, check out Robert Breedlove's "The What is Money Show" with Michael. Fantastic series where Micheal describes the history of money/currency from stones to gold to fiat to the possibilites in the future. Super interesting and Michael does a great job of explaining concepts and history in a way thst is both understandable and super interesting. Enjoy: kzbin.info/aero/PL2jAZ0x9H0bRvoNt1xNJWYa9_8_an03h0

[@gickygackers]

@@deesnyder3878 Proven and dependable*

[@deesnyder3878]

@@gickygackers adorable.

[@beaubeau6498]

@@deesnyder3878 Saylor doesnt even know you bro

[@pmc9194]

@@deesnyder3878 this could be because you keep watching his interviewers and expecting new, diverse and dynamic answers to basically the same pool of questions.

[@lyricsniffer]

Thanks, the length really helps in letting me feel this is a natural conversation with no outside influences. Keep this concept alive Lex. It's brilliant.

[@stansabev]

This was a gift! Thank you Alex and Michael

[@MooseXD]

just finished it. incredible stuff, wish it was longer, Lex and Saylor are an amazing duo for conversation

[@verysoong]

Yes, it’s almost 4 hrs, but time well spent

[@brocco4071]

There’s a 12+ hr version over at What is Money Show with Robert Breedlove. episode 1. enjoy! 🧡

[@spyros07]

At least I hope you sold your wife and borrowed against your house to buy BTC after this.

[@senleima6224]

Michael Saylor is a online human trafficker by hacking in phone/laptop. He is a very bad person . please see his instagram comment, twitter comment, etc

[@lindholmlille]

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio

[@jetkastrokdova]

All you have to do is to focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance a broker or financial advisor.

[@margaritasbunny]

@@jetkastrokdova Right, I've been in constant touch with a fiinancial-analyst since covid . You know these days it's really easy to buy into trending stock`s, but the task is determining when to buy or sell . My advisorr decides entry and exit commands on my portfoliio, I've accrued over $550k from an initially stagnant reserve of $150K

[@jirinamuzikova]

@@margaritasbunny Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

[@leonarodwell]

@@jirinamuzikova >Your experience sounds intriguing. Can you share the name of your advisor? I would greatly appreciate some guidance.

[@jirinamuzikova]

@@leonarodwell My personal advisor is "CHARLOTTE ANNE MCCONELL" . In terms of portfolio diversity, she's a genius. You can look her name up on the internet and verify her yourself. she has years of financial market experience.

[@Blitcliffe]

You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £170k which has been sitting duck since forever with zero to no gains.

[@Petroguest-i4g]

A strategy to protect against inflation is through the U.S stock market, especially the S&P500 & various ETFs. Investors must know where to put their money and how to distribute it in order to protect it against inflation while still making a profit, especially during a recession.

[@2024Red-j5t]

@@Petroguest-i4g The truth is that people are finally waking up to the fact that our systems are breaking down in thousands of different ways all around us. Personally, the financial market seems like the only way to go with my long-term horizon (accumulated about £557,000 in earnings since May 2021), but if you don't have that time luck, it's a tough market out there down almost nowhere feels safe!

[@Countstep0099]

@@2024Red-j5t I've known I've wanted to start investing for a few months but just haven't been brave enough to start due to the market so far since mid last year. I have 60k i want to transfer into an s&s isa but its hard to bite the bullet and do it. £557k is a huge milestone , Please whats your strategy ? i will love to have an insight.

[@2024Red-j5t]

@@Countstep0099 Yes, a Fidelity financial advisor named "NICOLE DESIREE SIMON" put an end to my fears about investing, and after making more investments, I was able to reach the high six-figure mark in less than 3 years. A licensing advisor satisfies the necessary security criteria; hence, reimbursement is guaranteed if I'm dissatisfied with the service, so I'm much better off hiring one.

[@Countstep0099]

@@2024Red-j5t I just copied and pasted her full name on my browser, super impressed with what I've seen so far. thanks for sharing!

[@AlphaConviction]

As a finance nerd I REALLY appreciate hearing Michael talk about inflation, etc 🥰

[@jimviau327]

I cannot afford ( time wise) listening to all of your videos but I can assert that this one is the one that brought me the most satisfaction and philosophical education.

[@getredytagetredy]

hi I want to ask you if you have ever watched the most learned video ever made...It's non religious titled " The End of All Evil "...by author Jeremy Locke . The book is almost impossible to get , but the audio isn't... please listen.

[@getredytagetredy]

allopathic Rockefeller medicine is made to paralyze you then over medicate you till they euthanize you

[@Triatan_at_war]

@@getredytagetredy i might have a listen

[@jackpartridge7891]

@@getredytagetredy gjgglYDGhknfJg

[@jtzoltan]

I usually really like Lex, but man this episode he really would interrupt the guest's train of thought or interesting point that he was clearly setting up for a payoff just to ask him an put of place, poorly formed question, or ask him for unnecessary clarification of terms that was usually unnecessary (people can Google it or it's obvious to most).

[@dfdf4874]

I'm always impressed by Saylor and walk away learning so much from him every time I hear him speak. This was a great interview.

[@bcooksup]

Saylor is one of the brilliant minds of our time.

[@maximkikena622]

@@bcooksup how

[@bcooksup]

@@maximkikena622 Did you listen to the podcast? The last 30 min or so especially sealed this opinion for me.

[@maximkikena622]

@@bcooksup explain how what kind of answer is that lol explain how if you can

[@bcooksup]

@@maximkikena622 I mean how much can I say in a YT comment? He’s altruistic, wants a better future for humanity, has a clear idea for it and a laser focus. If BTC works like he believes it will, he’ll go down as a legendary figure.

[@markitect_1]

4 Hours with Saylor. This one will go down in history. Lex, you are making the world a better place!

[@davidav3980]

long video but worth every minute of it !!!!

[@XTen1000DaysX]

I love when engineers have a fascination with history. Most do not.

[@tomeryud]

that makes you think of the bigger picture

[@fmwh]

Spot on.

[@ronburgandy1475]

Well said! It's a very potent combination... An engineer who understands history and how it changes humanity...

[@chappiescollectables]

yea most are very one dimensional. They will eventually be replaced by AI.

[@prestonrobert2625]

Imagine Tartarian time.

[@danielgabardo2212]

Upgraded respect for Michael Saylor, thanks Lex for exposing his perspective on life, focus, energy, frequency and layers.

[@bertvsrob]

aye, i had a very low resolution idea of the man

[@syx8op]

​@@bertvsrob TRT Vitor was unstoppable

[@ingo98]

@@syx8op what about Jon Juice Jones da triple J

[@AFuller2020]

BTC 17K today, how's the respect going?

[@allottashit8118]

Saylor is the best economic professor we have...

[@AtlasShrugged3643]

Amen.

[@boosted211]

Lul. He isn't an economic professor, he is a scammer. Richard Wolff is an economic professor.

[@Riggsnic_co]

I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.

[@maga_zineng7810]

I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?

[@usieey]

There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts

[@Mohaimam316]

Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

[@maga_zineng7810]

That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

[@Mohaimam316]

Credits to 'Carol Vivian Constable' she has a web presence, so you can simply

[@davidrowewtl6811]

It isn't often I tune in to something for nearly 4 hours straight, but boy was it worth it. So many ideas and proposals. New words, new concepts, it will take me weeks to read around and digest this. Brilliant.

[@kinglebronbo7486]

how many bots this guy pay for?

[@davidrowewtl6811]

@@kinglebronbo7486 You joined a month ago. You have no history. Bot tactic 8 pretend real people are bots to undermine them.

[@maximkikena622]

@@kinglebronbo7486 lmfao same he literally doesn’t know what he’s even talking about I don’t understand what is so brilliant about this guys words and he’s so bad at speaking

[@ElectricBikeReview]

Thanks guys! You’re both awesome. Let’s build a positive empowering future where creativity and optimism replaces oppression and fear.

[@dave9547]

that would be nice. humans are all the above though. Can't ignore certain parts of our nature.

[@MtnMichael88]

Yeah, great goal but also the relativity builds the positive impetus for us to be good after witnessing the dark aspects of human behavior.

[@Michael-qy1jz]

Jack Dorsey- Bastian of Cencorship wants phones with 100% tracking by big corps supraceding Government, and we see Twitter Cencorship and Deplatform Programs!!

[@aussierule]

Could you recommend any hardware wallets to store btc?

[@theleagueofextraordinarysu788]

@@aussierule Nano ledger

[@tylerkstevens]

Really enjoyed Saylor's insight on digital energy. Completely changed my perspective. Thanks for sharing, Lex!

[@paul.norwich]

I’ve woken up to the sound of Lex’s voice more times than I care to admit. Now if only I could work out how to wake up next to Lex himself 😂😍

[@jeffdeist7444]

The inflation discussion was superb.

[@NightwatchN8]

How exactly is it going to 'do good' for our economy when Bitcoin and crypto hyper inflates the American dollar until we eventually lose its status as the world reserve currency which is the only thing that keeps America on top of the world economy which includes the standard of living for every American? How exactly will it improve things by getting everyone on a digital currency which includes high volitility, has zero privacy, and is highly centralized seems how 90-plus percent of Bitcoin is owned by a handful of wallets. Not to mention if you really look into its origins it's likely controlled by the NSA. One thing I've discovered over a decade of keeping tabs on Bitcoin is you can't argue logic with someone who's hopes and dreams are financially invested in a thing

[@Mehlmanmedical]

Soooooooooooo pumped you got Michael Saylor on here. I'm sure I was one of many to push for this interview for a while. Totally looking forward to this. If you want to feel good in life / good about crypto, just listen to Michael Saylor.

[@nilskp]

Bitcoin, not crypto

[@Kitten_Stomper]

@@nilskp Bitcoin is one of many cryptos no?

[@ScipioAfricanus809]

Bitcoin only

[@nilskp]

@@Kitten_Stomper no, Bitcoin is the original invention, the rest offers nothing, and the term "crypto" is meaningless.

[@nilskp]

Saylor doesn't own or talk about crypto. He understands, owns, and talks about Bitcoin.

[@graceocean8323]

Investors have a lot to think about and losses to make up after a dreadful year in 2022. The Federal Reserve is expected to continue raising interest rates even if the economy slows down, which implies that portfolio returns will be negative in the first quarter of 2023 despite an inflation report and a wealth of other data. In this shaky economy, how can I generate money? Yet debatable is my $250k bond and equity portfolio.

[@hannahdonald9071]

That's right, I started investing sometime in 2020 and by late 2021, I pulled a profit of over $750k with no prior investment knowledge or skill. I was basically following the guidelines set by my Investmënt-Adviser, so you don't necessarily need to be a perfect investor or do the hard works. Just have a financial market pundit who guides & mentor you.

[@hannahdonald9071]

@Tunnel Vision Having a counselor is essential for portfolio diversification. My advisor is Maria Juliana Ramirez who is easily searchable and has extensive knowledge of the financial markets

[@mcginnnavraj4201]

@@hannahdonald9071 The Lady Maria really seems to know her stuff. I found her website after looking her up, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.

[@ShalomShalom-d5c]

Scammers

[@kimberlykate6184]

Hallelujah!!!! The daily Jesus devotional has been a huge part of my transformation, God is goodes LS, after years of addiction to drugs and sins God chased me down as I earn $112,500 monthly. My life and family has changed, Thank you Jesus!!!..

[@DavidButler-nm3rt]

Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down of myself because of low finance but I still believe in God

[@JonnyAyyad]

It's a great idea to have a conversation with financial advisors like Naomi Dean to reshape your portfolio.

[@SelimOrdu]

I spread out my $25k portfolio across various markets to diversify my investments.

[@SercanKalsir]

That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.

[@JohnNadcin]

That woman is a genius

[@michiganrealty]

Thank you Lex and thank you Michael for this conversation. One of the most important conversations ever had on youtube.

[@davidbryan8563]

Wow

[@J5L5M6]

@@davidbryan8563 Word. I think Lex is great. But the Saylor circle jerk could end asap. 'Most important conversations...' F' me.

[@CorwinYoutube]

Thanks for your work Lex! Michael is the individual that inspired me to study macroeconomics, the history of money/currency, and the emerging tech we call BTC. So much love and admiration for his honesty and willingness to share knowledge. Thanks for this podcast!

[@ImRollinRich]

Could you recommend me any sources on these topics? Want to dive into them myself. Much appreciated!

[@DerekF-u7e]

@@ImRollinRich The Bitcoin Standard by Saifedean Ammous as mentioned in the podcast is a great place to start.

[@ImRollinRich]

@@DerekF-u7e Is that also about macroeconomics and money/currency? Because these 2 are my point of interest. Thx

[@CorwinYoutube]

@@ImRollinRich Robert Breedloves "The What is Money Show" series featuring Michael goes over tbe history of money. Fascinating intro to money from stones tk gold to fiat to the future: kzbin.info/aero/PL2jAZ0x9H0bRvoNt1xNJWYa9_8_an03h0

[@cagneybillingsley2165]

what i like about this interview, which is not something we see often with saylor's various social media snippets and sound bytes, is that you can tell he has spent thousands of hours thinking about every single point and contention about bitcoin. he barely stops to collect his thoughts, it's like he's already had the answer for every question about bitcoin from every possible angle.

[@romoore2094]

Iv listened to this podcast 4 times now . I get more out of it every time I listen!

[@ericwilson2632]

You a straight G🥰

[@maximilianbradshaw1667]

I've listened to it once and that was a waste of time, you must have a lot of time to waste haha

[@bloomingvision]

Same here! Listened to it twice - this PC brought me to Principles for a changing world order - I plan to rewatch and take notes after finishing Principles which is as equally as great as this PC!!

[@johnnyapplesmith]

You've listened to it for 16 hours? You must have extra extra time on your hands.

[@senleima6224]

Michael Saylor is a online human trafficker by hacking in phone/laptop. He is a very bad person . please see his instagram comment, twitter comment, etc

[@Sal_The_3rd]

Every single time I fall asleep I wake up to this podcast playing. Why??!!

[@momsworld739]

me too.

[@theguythatiam]

I love it when Saylor's analogies go full on inception. "It's like A is like B, but imagine B in C's timeline and how A compares to C. So simply put, A is basically D."

[@roynexus6]

One of the best explanations of "Inflation" I have heard in my life. Another great interview Lex.

[@LadyIarConnacht]

Yes, finally feel like there's a way to explain it that people can understand easily. However, I think at this point, we can see that many governments are malevolent - they want to crash their own economies to get a global bailout from the great resetters.

[@maximkikena622]

Inflation is completely bs

[@514BMXJay]

@@maximkikena622 literally never heard anyone say that.. what you mean exactly?

[@fgoerlich2000]

@@514BMXJay he is trolling

[@maximkikena622]

@@514BMXJay the goverment has infinite money and gives us scraps "infaltion" is fake our economy is a complete joke work is completely unessecary and fake its crazy how people walk on this planet without knowing something so obvious like u guys really think there is a pool of limited money so naive

[@LegionOfNeil]

Really incredible. Thanks, watched it all. So many great clips in that conversation.

[@alexlees2121]

So impressed with lex in this interview… MS normally dominates interviews as he out intellectual “ises” anyone he talks to. Amazing convo with the best questions driven by Lex.👏

[@Erikkurilla01]

Fascinating discussion. Is it still advisable to keep idle funds in a savings account with an average interest rate of 0.85%? I am seeking a more effective means of diversifying my portfolio, considering the prevailing inflation and the substantial tax implications associated with cryptocurrency gains. Additionally, given the recent decline in stock prices, housing, and the overall financial market, I am interested in learning the most efficient approach to make my money work for me while minimizing the impact of market fluctuations during this bear market. Do you have any recommendations or tips to share?

[@jessicasquire]

Honestly, I have been contemplating the market volatility for the past year, and it seems that many individuals are unsure about how to navigate this bear market, especially if it is their first experience with such conditions. Going from reaching all-time highs to incurring significant losses can be quite disheartening. Have you considered consulting a certified financial analyst (CFA) to develop a customized diversification plan tailored to your specific portfolio? Personally, I recently achieved a milestone of earning my first $100,000 during a period of significant shifts in Federal Reserve policies. You might want to consider investing in reputable mutual funds such as Vanguard, Schwab, or Fidelity. Cryptocurrency can also be lucrative due to its high returns, but it's important to exercise caution. Opting for stock-based mutual funds could be a prudent choice to mitigate risks.

[@Erikkurilla01]

As I approach my retirement in the coming months, I would greatly appreciate any advice you can offer. I have actually attempted to engage the services of a certified financial analyst (CFA), but it has been challenging to find one who possesses a comprehensive understanding of various sectors. I value a holistic approach and believe that if I cannot have a well-rounded perspective, it may not be worthwhile. I am open-minded and eager to explore different possibilities.

[@jessicasquire]

Finding the perfect CFA for my needs was a process that required some time and effort. However, once I connected with the right group of CFAs, everything fell into place, and my investment journey has been consistently positive since then. I attribute a significant portion of my profit margin success to the guidance and expertise provided by my dedicated CFA.

[@Lemariecooper]

You seem to have been fortunate in finding reliable individuals with strong ethical principles in the investment field. In contrast, I have faced challenges in connecting with such individuals, and as a result, I have experienced a significant loss of £103k over the past few months. It would be greatly appreciated if you could provide me with an introduction to your trusted CFA, as I am in dire need of effective diversification options at this point.

[@jessicasquire]

I am unable to provide extensive details, but I can share that STEPHANIE KOPP MEEKS is the CFA responsible for managing my portfolio. She possesses exceptional intelligence, thoughtfulness, caution, and boasts an impressive set of credentials. You can easily find more information about her online.

[@alexleggett6270]

I love how everyone goes to Lex to do the podcast, but when it's time to interview Sailor, Lex goes to him.

[@verysoong]

He sailed to meet Saylor

[@growthaddiction4275]

Love hearing 4 hours of Saylor. It just stinks that often times Lex is way off in understanding what he is trying to say or where they are in the conversation. Coulda have expanded way better on some of the things Saylor was saying. Regardless, this is not Lex’s area of expertise whatsoever so it’s all good. I’m just grateful that he got Saylor on the show

[@koanstarr9393]

Agreed. Great but....almost))

[@adalbertabendstorer1189]

4 hours of bullcrap and nonsense from a gambler and fraud. Great stuff

[@patrickpieters5435]

Totally agree with you. My thoughts exactly

[@bahmak2003]

@@adalbertabendstorer1189 LOL LOSER! 😂😂😂

[@robmccormick-x6l]

I always feel like i'm growing smarter listening to this show

[@mailefreire]

That was 4 hrs of my life well spent. Thank you Lex and Saylor!

[@tomshalev]

BRAVO LEX! this was easily one of your top 5 ever. Brilliant 💪🏻 Love u for the work you are doing for truth and freedom. Stay sain man 🙏

[@ZZ-sb8os]

Here's over two hours of ACTUAL truth for you - kzbin.info/www/bejne/j4LCqYqsjZahb8k&ab_channel=FoldingIdeas

[@micu026]

Absolute gem of a podcast. It's my second time listening to it.

[@atozer2547]

Im 11mins in....i already know i need to watch this at least twice more

[@ej1692]

Out of curiosity what did you get from it?

[@senleima6224]

Michael Saylor is a online human trafficker by hacking in phone/laptop. He is a very bad person . please see his instagram comment, twitter comment, etc

[@hallio111]

@@atozer2547 you have to watch it as many times , after some time you'll believe him. still not understand it, because youre too dumb (you think it), but you will believe.

[@brunoheggli2888]

Sailor is just a useless cryptopumper!

[@TiagoNuremberg]

Very interesting, especially this: 1:05:57​ - Dematerializing information

[@davidkaiserch]

There are some podcasts that are just magic. This is one of them. You have to listen carefully, as it is fully packed with wisdom and knowledge. I'm grateful this is made accessible to the public.

[@jarijansma2207]

Surf the wave, brother

[@jeqtos9643]

Do you have a list of podcasts that are just magic?

[@NightwatchN8]

Fine line between wisdom and BS

[@nearlyzero9849]

Well this was so good there is no way one listens to it once. Oustanding interview Lex. You are one of the best.

[@BITULTRA101]

I appreciate the breakdown of your questioning Lex! allows a layman like me to enjoy the interview :)

[@CarlosDomimik]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

[@susegeissler998]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@HelenM-fk1ro]

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

[@VivianLian-sm5uo]

You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.

[@OtumbaCollins]

I'm new at this, please how can I reach her?

[@NoraBrown-qx9dr]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@ekanscisum]

One of the best interviews! Thank you Michael and Lex 👏🏻

[@jensensharp]

Such a brilliant mind, I really enjoyed getting to learn from this, not only about the history of financial structures but also about our current and ongoing dilemma.

[@naradaAye]

2008 has entered the chat

[@BenjaminMcLeod815]

I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k in this red period. What measures can I take to achieve this?

[@Robertgriffinne]

It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.

[@driftgod7894]

Very true! I've been able to scale from $350K to $650K this red season because my FA figured out Defensive strategies to protect my portfolio and profit from this roller coaster market.

[@BenjaminMcLeod815]

@@driftgod7894 that's heavy! keep it up, I could really use the expertise of these advisrs, my port-folio has been down bad....whose the person guiding you

[@driftgod7894]

​@@BenjaminMcLeod815 Having a coach is key in a volatile mar-ket, My advisor is "Jennifer Aaron Marcontell" You can easily look her up, she has years of financial-market experience.

[@ContractSurgery]

…don’t buy Bitcoin ! You will thank me…

[@pierrebitcan]

My 3rd time listening to this one. Saylor explains it all like nobody else. This should be required listening for all high school science classes.

[@princesskileyrae]

The algorithms rewarded me while doing a few hours of cleaning by playing this podcast. I never considered getting up & changing it. Very, very informative.

[@bitcoin4624]

ME TOO! I was cleaning with this as well

[@alexdevol4710]

This is the best long form Saylor interview I’m aware of 👏🏼

[@danielpp23]

“The Saylor Series” with Robert Breedlove is far, far better, but also much longer. This one is great nonetheless, for sure

[@christabel152]

@@danielpp23 so true, I've been investing with Mrs Abigail Johnson's trading platform and it's amazing

[@christabel152]

@@danielpp23 美国✚𝟭𝟯𝟭𝟰𝟳𝟰𝟴𝟵𝟵𝟴𝟯美国

[@christabel152]

That's her whats app page 👆

[@socalcrypto]

Amazing interview! Thank you Mr Friedman for providing this excellent content 👏