239. Michael Saylor's 4 years of bitcoin

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Saifedean Ammous

Saifedean Ammous

Күн бұрын

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@bstomp
@bstomp 4 ай бұрын
Michael Saylor was brilliant. Great discussion. Love that there was some level of tension and disagreement on minor topics among two very smart people. Love that it did not feel like an echo chamber. Overall excellent interview.
@jubbafrubby4561
@jubbafrubby4561 4 ай бұрын
Saylor is a religious zealot.
@questioningbitcoin
@questioningbitcoin 4 ай бұрын
I agree that discourse and debate are valuable and even vital, but I don't agree that their disagreements on banking and credit are minor disagreements when you factor in the history of central banking and credit. I also thoroughly enjoyed the conversation. I learn more when listening to different perspectives than not.
@upup209
@upup209 4 ай бұрын
Loved the differences. Saylor made more sense
@Chiro_ASMR
@Chiro_ASMR 4 ай бұрын
Got a little tense
@JimJamJuicy
@JimJamJuicy 4 ай бұрын
@@Chiro_ASMRSaylor doesn’t like being told he’s wrong, defends himself well though 😂
@wphillypa
@wphillypa 4 ай бұрын
The issue I see is that while Saifedean explores how Bitcoin could potentially disrupt the global order-such as causing a complete unraveling of the bond market-Saylor, understandably, prefers not to provoke the existing system. He recognizes that regulators still hold significant influence and could intervene if they perceive a serious threat.
@Appolonius10
@Appolonius10 4 ай бұрын
That’s basically why Saylor was pushing back petulantly against Saif’s extreme logic. Not many, if any, people push back against Saylor. He’s not used to it. He’s used to firing people who disagree with him. That is why he keeps interrupting Saif
@christophercox5633
@christophercox5633 4 ай бұрын
Exactly. A conversation with Saylor is like playing three-dimensional chess....absolutely brilliant.
@alatthepost
@alatthepost 4 ай бұрын
⁠@@Appolonius10I’ve read 3 of Saif’s books and he’s definitely full of himself.
@jlspilledtruth
@jlspilledtruth 4 ай бұрын
@@Appolonius10 he’s not interrupting him. Saif would say something with voice inflection waiting for Saylor to head nod or smile and agree. But from Saylor’s perspective it’s not in his best interest to just say he agrees if he in fact doesn’t. Saif thought he was going to take Saylor’s models and have him interpret them differently and say something like “ you know Saif I never thought of that.” Saif might be seeing a possible situation that could exist in hundreds of years from now but probably not how it could be in any of our lifetimes
@Teutonius88
@Teutonius88 4 ай бұрын
You have to play a bit of politics, which includes lying and deceiving, if you want to survive. That's sadly just how it is. Look at how many people get murdered because they said too much. That's just politics, it's an ugly game with no winners, but you have to play along a bit if you want to survive and fight against it from the inside.
@sean-kb4wr
@sean-kb4wr 4 ай бұрын
My addiction got to a point where when I see a Michael saylor interview I feel euphoria
@Annah382
@Annah382 4 ай бұрын
There are worse addictions to have, my friend.
@DonnaMagic
@DonnaMagic 4 ай бұрын
OMG I SO relate... Saylor Addiction 😂
@funkyseven19
@funkyseven19 4 ай бұрын
It's a dopamine hit for sure LOL
@bardia8225
@bardia8225 4 ай бұрын
Every time I see Michael Saylor, I go and buy more BTC 😂
@wiseinvestor566
@wiseinvestor566 4 ай бұрын
That’s a money making addiction in the long term 😂
@Aleh-h2o
@Aleh-h2o 4 ай бұрын
I can´t get enough of Saylor. He has the power to bring my mind to ZEN state. He should be put among the stoics.
@7antonio9
@7antonio9 4 ай бұрын
Exactly what you expect from a maxi shill.
@creaturelost4354
@creaturelost4354 2 ай бұрын
Well said.
@paulfoley5777
@paulfoley5777 2 ай бұрын
Couldn’t agree more
@au10666
@au10666 4 ай бұрын
Always a pleasure listening to the two GOAT's of the Bitcoin space. Good times.
@jeffDwyer1
@jeffDwyer1 Ай бұрын
Does Michael just never stop talking? He can go forever and every sentence is smart as heck. I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was 50k - 55k range. is it too late to get in and make profits? i have set aside $150k to get fully invested this year
@wmwoods-l4f
@wmwoods-l4f Ай бұрын
i don't think it is. Once bitcoin crosses it's all time high, it becomes the new bottom. Anything under 69k is a good buy. It's still advisable to work with a fiduciary advisor instead of relying solely on speculations
@Jakepattison42
@Jakepattison42 Ай бұрын
The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $400K in gains… might not be a lot but i'm financially secure.
@Pconradsmith
@Pconradsmith Ай бұрын
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?
@Pconradsmith
@Pconradsmith Ай бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@benjaming3082
@benjaming3082 Ай бұрын
Humble opinion: the cycle patterns are everything. Get poised and ready with your 150k in stable coins and consistently DCA in from about May through October of 2026. You will get a much better entry than if you fomo in now
@questioningbitcoin
@questioningbitcoin 4 ай бұрын
It's about time Saylor faced some challenges on his perspectives, not for any other reason than to use it to have a deeper understanding of different ideas. Well done, Saif 👏
@therealagent4764
@therealagent4764 4 ай бұрын
Unfortunately his ego was in the way of him listening
@Josh-xe5vi
@Josh-xe5vi 4 ай бұрын
​@@therealagent4764which one? Lol
@BitcoinAndChess
@BitcoinAndChess 4 ай бұрын
The funny part is that Saylor was challenged for being too bearish on his outlook on Bitcoin taking over money and bonds. Then there was the whole lending disagreement.
@therealagent4764
@therealagent4764 4 ай бұрын
@@Josh-xe5vi Saylor
@geoms6263
@geoms6263 4 ай бұрын
on his comunist perspective 🤐
@treysmith336
@treysmith336 4 ай бұрын
Love the mutual respect and ability to talk through differing pts of view. Wish our political world could do the same. Thank you both for being great examples and educators.
@FrancesRyan-b2p
@FrancesRyan-b2p Ай бұрын
Investing in crypto right now is the best decision to be made by anyone!! Since the presidential election of the United States we can see how cryptocurrencies keeps climbing high, I for one have made more than a million dollar over the past few days, trading crypto
@LarsVanVeen
@LarsVanVeen Ай бұрын
You’re absolutely right!! I’ve been working with an expert who helps me with financial advice on which stock to take and also the cryptocurrency to invest into and recently my portfolio has been off the charts I’ve been earning more than I’ve ever earned in my entire life just investing in bitcoin
@JoeCloud-hy2uc
@JoeCloud-hy2uc Ай бұрын
For me I feel like having someone to guide you through the financial market is the best step to be taken by anyone, I once ventured into it on my own, tried copy trade but I never did get an understanding of how it really works till I met an expert who helped me with understanding the market structure and also the strategies to apply
@TylerWilliams-kl6sy
@TylerWilliams-kl6sy Ай бұрын
I want to venture into stock, are you saying I’ll need someone to best guide into becoming successful in it?
@DeborahPearson-ng2cs
@DeborahPearson-ng2cs Ай бұрын
Thanks for your view on this, could this be the reason I keep losing all my investments? I’ve been watching different videos online on how to become an expert on trade but I keep losing every time I go into the market. Please can you guys help me out and become my guide on stocks/crypto market?
@ThaisGoncalves-kx5kd
@ThaisGoncalves-kx5kd Ай бұрын
I thought I was the only one losing in the the market, not till I met with an expert (Mrs Shanita Creswell) who helped me manage the risk on the market and is helping me earn much more than I ever lose
@Rucuz
@Rucuz 4 ай бұрын
Saylor Nailed it, There is a difference between a economic scholar and and economic practicioner.
@hklilly4854
@hklilly4854 4 ай бұрын
💯
@datgoy5509
@datgoy5509 4 ай бұрын
You should wait and see how his prediction plays out before you declare a victor. They are arguing about how debt will look on a bitcoin standard.
@osirces
@osirces 4 ай бұрын
@@datgoy5509 And lets not forget that saying "risk free" is a very big red flag.
@artpatron719
@artpatron719 4 ай бұрын
Indeed
@eggrollsparks
@eggrollsparks 3 ай бұрын
Love this!!! Please remind me in 10 years!​ @@datgoy5509
@demiswilson9449
@demiswilson9449 4 ай бұрын
This was so not how I thought it was going to go 😂. Appreciate the views of both of these fine gentleman.
@ggrthemostgodless8713
@ggrthemostgodless8713 4 ай бұрын
That's the point, disagreeing and arguing and LEARNING with smart people, not just "wining" with fools. Stubborn idiots who want to "win" at all costs, even if hey know they are wrong, lawyer-style
@WhatWhat-lf3bd
@WhatWhat-lf3bd 4 ай бұрын
Love the debate and slight tension in this interview.
@zootsoot2006
@zootsoot2006 4 ай бұрын
The elephant in the room is Islam and its rejection of interest. That's what Saylor meant by Ammous being ideological.
@thenarza7307
@thenarza7307 4 ай бұрын
​@@zootsoot2006not really, with Bitcoin the whole model isn't profitable as cost of storing information is essentially free. His point is it doesn't make sense. The fact that it ideologically lines up with Islam is coincidental convenience.
@Sobanhassan1761
@Sobanhassan1761 4 ай бұрын
​@@zootsoot2006You are assuming this elephant just like Saylor was falsely assuming that 'socialist' Saif wants to ban credit ! This argument is based on two different approaches i.e hardworking saver vs risk taking borrower.
@naborlz
@naborlz 4 ай бұрын
@@thenarza7307 storage cost is just one small variable, was big with gold, but even today it will eventually be 0 with digital currency, that doesn't change anything in the argument.
@caseyeverett5246
@caseyeverett5246 4 ай бұрын
I think I learn the most with debates like this. It’s certainly my favorite to watch and really gets my mind thinking through all the mechanics. Love the creative friction
@waynerichardson1051
@waynerichardson1051 4 ай бұрын
Thanks Saif, thanks for everything you're doing for us, it's truly appreciated mate!! Michael Saylor and yourself saved my arse regarding my finances!! Thankyou so much!! Cheers
@YungKingz__
@YungKingz__ 4 ай бұрын
Same
@mydog-mylife-l2r
@mydog-mylife-l2r Ай бұрын
Your analysis is logical. All we need is the right advice on how to invest in crypto and we will be set for life, I was able to build my portfolio to $68k in profit within a short period ,I feel blessed 🤗
@bradley-6tr
@bradley-6tr Ай бұрын
Same here Pal, I strongly believe the Bitcoin ETFs approval will be a life changing opportunity for us, with my current portfolio of $103,500 from my investments with my personal financial advisor Adriana Johnston, i totally agree with you
@mark-fm6ey
@mark-fm6ey Ай бұрын
I know Ms Adriana Johnston as a popular crypto experts' people talk about, her transparency in the crypto community speaks for her, I attended her seminar in Brisbane 🇦🇺 last year.
@darrenmoore-xx5rc
@darrenmoore-xx5rc Ай бұрын
Please shed more light on adriana johnston, and how safe are the profits! Thanks.
@toulahen-sd6zk
@toulahen-sd6zk Ай бұрын
She serves as my family's personal broker, as well as to many families across the United States. She is licensed as a FINRA agent in the U.S.
@dianelle882
@dianelle882 Ай бұрын
This is good. I'm 53yrs and have been looking for ways to be successful, please how? Love from Tacoma, Washington!!
@RachelCarpenter-r3i
@RachelCarpenter-r3i 2 ай бұрын
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024.
@JerryThomas-q5b
@JerryThomas-q5b 2 ай бұрын
Which signal do you guys trade
@RachelCarpenter-r3i
@RachelCarpenter-r3i 2 ай бұрын
I am currently guided by Rolando Diaz
@RachelCarpenter-r3i
@RachelCarpenter-r3i 2 ай бұрын
Got $35k profit weekly basis
@JerryRussell-y9c
@JerryRussell-y9c 2 ай бұрын
Wait is this the same person? That helps me with 17k investment “wow" souch a small world
@JerryThomas-q5b
@JerryThomas-q5b 2 ай бұрын
How can I get in touch with this Rolando Diaz
@nathanlawless9125
@nathanlawless9125 4 ай бұрын
Am I the only one who is addicted to Michael Saylor brain?
@balarab1
@balarab1 4 ай бұрын
The problem Michael brain is still stuck in fiat mentality, he doesn't understand the effect of hard money on society.
@pogi8638
@pogi8638 4 ай бұрын
The more he speaks and drops facts about Bitcoin. The more I buy.
@christophercox5633
@christophercox5633 4 ай бұрын
you are not alone...you're in good company and it grows by the day.
@zukileisure
@zukileisure 4 ай бұрын
Mental health issues?
@UraniumMillings
@UraniumMillings 4 ай бұрын
Doubt
@LaineGaming
@LaineGaming 4 ай бұрын
Yo, gosh dang this podcast was intense for the majority of the time. Never seen this side of Michael Saylor, even when debating a Gold Maxi. 😅
@Think-For-Yourself-Man
@Think-For-Yourself-Man 4 ай бұрын
Gold?
@Jack369TheKeyToTheUniverse
@Jack369TheKeyToTheUniverse 4 ай бұрын
Agreed
@TheArtofTateism
@TheArtofTateism 4 ай бұрын
This is priceless. Watching these two powerful minds exchanging ideas and disagreements. Its just wonderful. Thanks 🙏
@jackdezmen572
@jackdezmen572 4 ай бұрын
Two powerful minds?
@TheArtofTateism
@TheArtofTateism 4 ай бұрын
@@jackdezmen572 A powerful mind can be defined as having the mental strength to deal with challenges and perform well, regardless of the situation. They both performed really well besides having a different opinion one the topic. You could tell they were uncomfortable and yet managed to communicate their differences. Powerful
@FindingFocus
@FindingFocus 4 ай бұрын
For those curious, the art behind Saylor is "The Lute Player (Hermitage version)" by Caravaggio
@CHAbel89
@CHAbel89 4 ай бұрын
Thanks❤️
@billwhiteman419
@billwhiteman419 4 ай бұрын
With a sound bar under it? Love this guy
@upup209
@upup209 4 ай бұрын
@@billwhiteman419 picture on his TV?
@_FMK
@_FMK 4 ай бұрын
Thanks i was wondering which version
@LR-xt2zr
@LR-xt2zr 4 ай бұрын
Does he own the original?
@cjones11001
@cjones11001 4 ай бұрын
What a spirited and informative interview! There's a reason why Michael Saylor is the most-reasoned proponent of common-sense Austrian economics as well as the bitcoin guru. Thank you so much, Michael, for opening up the world of bitcoin to the masses!
@luuk6718
@luuk6718 4 ай бұрын
Woohoo! Always amazing to listen to Saylor :)
@SAL-fs1mr
@SAL-fs1mr 4 ай бұрын
Saylor's position is correct over the next few decades. Saif's position is correct over the next few centuries, contingent on Bitcoin being the global money.
@AnonDa
@AnonDa 4 ай бұрын
This is a great take 👌🏻
@pagexx
@pagexx 4 ай бұрын
Michael's in a mood.
@pazymino722
@pazymino722 4 ай бұрын
“What is the point” and “I don’t know what you’re trying to say” Mike why are you doing Saif like that!?
@balarab1
@balarab1 4 ай бұрын
​@pazymino722 I see it the other way, Michael's reputation depends on his predictions, saifedean's does not. Saif was doing a disservice to Michael by doubting his company's analysis.
@jsnow6925
@jsnow6925 4 ай бұрын
I love saylor, my only concern is that he is so much smarter than all of us he going to get sick of us idiots and will only talk with AI robots in the future. They will then both decide we are no longer needed lol
@reallyshel
@reallyshel 4 ай бұрын
Was he doubting the analysis? ​@@balarab1
@thenarza7307
@thenarza7307 4 ай бұрын
To be fair, Saifedean did not express his viewpoint well. He kept saying it won't exist without explaining why it won't happen, specifically in real terms.
@SteveWaters-y5e
@SteveWaters-y5e 4 ай бұрын
Epic nuanced discussion! The one thing that is agreed upon is that Bitcoin will be the apex asset to hold for protection of wealth debasement. Master class! Thank you both for being so candid and open to sharing your views.
@slackdark
@slackdark 4 ай бұрын
They both have a point. On a pure btc standard where no other currencies are available debt is challenging since assets are getting cheaper. Taking out a loan in BTC to establish a business might be very tricky. On the other hand, Saylor has a more realistic perspective where he sees both btc and fiat coexisting.
@MinimalistCapitalist
@MinimalistCapitalist 4 ай бұрын
That’s all this is. Neither is wrong, they are just looking at it from the framework of different systems.
@slackdark
@slackdark 4 ай бұрын
@@MinimalistCapitalist yes but Saylor somehow seems to ignore things like executive order 6102 or extraordinary measures taken during a bank balein/out. For example credit suisse had to erase AT1 bonds valued at 17 Billions francs when it was acquired by UBS in 2023. After the Madoff ponzi fell off earlier investors that cashed out had to pay back other scammed investors. How do we know that in similar scenario, one of the condition that the USA government would impose on JP Morgan(for sake of example) would apply to bitcoin deposits?
@socalcrypto
@socalcrypto 3 ай бұрын
Saylor, a genius who's thought more about this than virtually everyone on Earth, knows disparaging/antagonizing the existing system is counterproductive to his ultimate goal of mass adoption.
@faitaccompli5878
@faitaccompli5878 2 ай бұрын
​@slackdark I don't think he's overlooking order 6102. What Saylor is envisioning, is a world where the big corporations have Bitcoin as their reserve asset, being that most of the politicians' wealth is tied to the stock market. there'd be a slim chance that they would do something, like order 6102, that would hurt their wealth.
@kc6519
@kc6519 2 ай бұрын
@@socalcrypto When the hero only lives long enough to become the villain 🫖
@mothtube12
@mothtube12 4 ай бұрын
Intelligent discussion with equally intelligent disagreements. My opinions sharpened from this friction. Please provide more of this.
@jubbafrubby4561
@jubbafrubby4561 4 ай бұрын
"It is difficult to get a man to understand something, when his salary depends on his not understanding it." -Upton Sinclair
@BitcoinKal
@BitcoinKal 4 ай бұрын
I wasn’t expecting a heavyweight debate or disagreements on some aspects of economics and bitcoin with these two. I enjoyed it thoroughly but have to admit both of these incredibly intelligent gentlemen had me lost on many occasions. As usual I will have to watch it twice or even several times to get a better understanding. Shout out and respect to both Saifedean and Saylor for this educational and entertaining podcast. 💥💪🏽👊🏽
@exitstrategybtc
@exitstrategybtc 4 ай бұрын
"ive never learned anything from a man that always agreed with me" - love this back and forth.
@goobtron
@goobtron 4 ай бұрын
Saylor wasn't understanding the point Saife was trying to make despite Saife saying he WASN'T arguing against credit.
@omniver
@omniver 4 ай бұрын
​@@PablitaPicasita this may be true, but it was Saylor who would not accept Saifs statements in good faith.
@omniver
@omniver 4 ай бұрын
What was Saifs argument? Did you understand it?
@S.o.M.a.S
@S.o.M.a.S 4 ай бұрын
I thought the same think. Saylor was stubborn as f*ck and just neglected his argument completly
@datgoy5509
@datgoy5509 4 ай бұрын
@@omniver I think his argument boils down to the fact that bitcoin and usd are different assets. He says bitcoin will have a much lower interest rate than usd, probably because there is no debasement, so the interest rate does not have to account for debasement like in the current system. Without debasement bitcoin will also accrue value from innovation and improvements in society instead of the government debasing and manipulating to steal that value for themselves, which makes bitcoin denominated debt much more risky than usd denominated debt. Today the currency savers pays for it when you take a loan, you pay a negative real yield and the bank just makes the money out of thin air so they profit from the arbitrage. So when you actually have to pay real money to get a loan Saif is not saying that we have to make it illegal or anything, but people will start naturally prefering to offer equity for the money instead of interest.
@alaaalasi
@alaaalasi 4 ай бұрын
⁠@@datgoy5509nice explanation
@DeoVolente444
@DeoVolente444 4 ай бұрын
Saylor was refusing to see the plausability of saif's position on the demonitisation of bonds and fiat. There could be more drastic economic ramifications to fiat being left behind.
@joyjayant
@joyjayant 4 ай бұрын
The people who care to hold gold so first Bitcoin must flip gold. It's too hypothetical to talk about bonds when Bitcoin is 10% of gold.
@paralyzdtheory
@paralyzdtheory 4 ай бұрын
Thank you Saif & Michael. The journey has been a lot more fun with you guys around
@mfletch2251
@mfletch2251 4 ай бұрын
I didn't think I could like Michael Saylor more than I already did...but watching him school you on your irrational expectations did it!. I am more confident being unreasonably long MSTR than I was before watching.
@phillipechavda3654
@phillipechavda3654 4 ай бұрын
I believe both of them would agree with each other if you gave them enough time and if Michael was willing to hear Saifs argument a bit more (which he didn't explain well or get a chance to finish). If you want to learn more about the Austrian Economic view on interest rates and banking, Saif explains it in depth in his principles of economics book(you can download it free online, it's very good). Either way, I think Michael is right if we are considering how things will work in the next 30-100 years where the world probably won't be operating in a exclusively Bitcoin standard.
@mfletch2251
@mfletch2251 4 ай бұрын
@@phillipechavda3654 I understand what you are saying and in a theoretical sense would agree. However. Saylor is making functional billion dollar decisions within the context of reality. Asking him to reconsider his clarity based on the theoretical got the expected responses. NO ONE wants to hear Michael Saylor second guess himself or his clear vision, certainly not the investors in MSTR. It is what allows him to act - as opposed to simply talk.
@naborlz
@naborlz 4 ай бұрын
@@phillipechavda3654 Saif is going against austrian economics in terms of interest rate in my opinion, he even admitted it at some point. Answering that for someone to open a business, u'd depend on asking a friend/parent to lend you money without interest was just insane. Even asking for equity makes no sense, it exists today and it would change completely all kind of economic relations in the field of investing, or also thinking interest rate would go to 0 is like saying people would be indifferent to money in the present against money in the future, which goes against austrian economics.
@TonyFarese
@TonyFarese 4 ай бұрын
Wow, this is an incredible conversation. I was on Michael Saylor side all the way up until about an 1:44 and that's when Ammous got me!
@DeoVolente444
@DeoVolente444 4 ай бұрын
Saylor was strawmaning Saif's position on the role of credit in a society in which capital becomes extremely abundant. Was really weird Saylor said Saif wanted to make credit illegal. I think Saylor thinks in the paradigm of bitcoin intergrating in the traditional financial system as it operates currently, but he fails to realise the potential for drastic change if hyperbitcoinisation occurs, It is really hard to grasp the extreme long term implications of bitcoin as we have never had an asset with its unique properties but i think Saif gives the better economic insight.
@Alina-ws6ob
@Alina-ws6ob 3 ай бұрын
I love Michael Saylor. He makes things so easy to understand. I like his use of analogies to make things easier to understand. 🌹
@TarikSammour
@TarikSammour 4 ай бұрын
It will be interesting to see which genius was right...cycle back in 21 years.
@anzori2002
@anzori2002 4 ай бұрын
Saif is a beast, even MS can not follow him, but MS does not have economics education so it is not surprising. Well done dear Sirs! I think we need to continue thie line. MS need to prep better. 😍😍😍. Thank you both 🙏
@derekjohnson77
@derekjohnson77 14 күн бұрын
Wow, I couldn't disagree with your comment more. I didn't see it that way at all.
@kyle9296
@kyle9296 4 ай бұрын
Never seen Saylor push back like this
@konversbitcoin
@konversbitcoin 4 ай бұрын
Watch the recent two episodes with Saylor, Saif and Patrick Newman
@arthur78
@arthur78 4 ай бұрын
Putting words in Saif's mouth (saying he wants to make credit illegal) was weird.
@bullmeatt
@bullmeatt 4 ай бұрын
Saylor got rich borrowing money to buy assets. Saif hates this idea and wants btc to establish a save first buy later system. This is the tension
@PratsTattoo
@PratsTattoo 4 ай бұрын
@@bullmeattexactly my thoughts.. a fiat system with unlimmited money favors the risk-taker borrowers, but a fixed money bitcoin system would logically favor the hard-working savers.. it was odd to see michael call safe a socialist-communist saying he wants to illegalize credit when he didnt say nor insinuate such a thing
@munizguitar
@munizguitar 4 ай бұрын
@@arthur78 Yes, lots of strawmanning on Saylor's part. Triggered.
@tarik_diamane
@tarik_diamane 4 ай бұрын
I like that these two share a passion for Bitcoin but approach it in distinct ways: Saifedean is hard-nosed, while Saylor is diplomatic. Both are needed.
@PenguinWhispererThe
@PenguinWhispererThe 4 ай бұрын
Nice, finally Saifedean interviews a guest and not vice-versa! Thanks!
@MikeStillUK
@MikeStillUK 4 ай бұрын
Was Saylor aware that bitcoin supply is fixed before this interview?
@EdgarPerez-tb5le
@EdgarPerez-tb5le 4 ай бұрын
Incredible discussion. This was constructive friction. I learned... a lot. Discussions like this allow us a glimpse of the future for Bitcoin
@johngammon963
@johngammon963 4 ай бұрын
2 legends, we all love you two, God bless you both
@Busterbuster23
@Busterbuster23 Ай бұрын
The student has FAR surpassed the initial master. Saylor has put in so many more practical hours. Impressive.
@Appolonius10
@Appolonius10 4 ай бұрын
The interesting thing here is that Saylor used to be totally against getting yield on his bitcoin. He used to say that it’s not worth the 5% to risk the bitcoin for a crappy fiat yield. Now Saif is presenting an alternative and Saylor is suddenly all for yield. I’ve been listening to Saylor since 2021, he used to say in interviews that he would consider selling some at $200k - he doesn’t say that anymore. Point is saylors view evolved because he has jurisdictional risk in the USA. He’s feeling some sort of heat.
@christophercox5633
@christophercox5633 4 ай бұрын
not sure your assumption he's feeling "heat" is correct. I don't believe he's the kind of guy who gets burned by the fire.
@upup209
@upup209 4 ай бұрын
He addressed the risk. He explained why he wouldn’t. He explained why he would.
@cloudstrife543
@cloudstrife543 4 ай бұрын
I think you misunderstood. I think Saylor would say at the time the risk was too high, with wildcat crypto banks as the only option, but if you could get yield with basically state sponsored banks, it's safe enough to do. I've never seen saylor say he'd sell at any price, you should provide a link to that.
@fib6156
@fib6156 4 ай бұрын
I agree. I have seen interviews with Saylor a couple of years back in which he indeed claimed to be against getting yield from bitcoin as it was not worth it compared to the risk and the appreciation you will get anyway. Anybody remembers where he did and provide the YT link please?
@hamishmmc
@hamishmmc 4 ай бұрын
Saylor is a pragmatist and he thinking about bitcoins place in the world has changed.
@deweyjames
@deweyjames 4 ай бұрын
That was one of the most enjoyable discussions I’ve ever witnessed!
@jackp2884
@jackp2884 4 ай бұрын
Great talk. This is a topic my friend and I had a few months back. We came to the same conclusion as Saif, where interests in a Bitcoin world would be extremely low, but not 0. I think Saylor and Saif weren't discussing the same issues and i was a bit disappointed in Saylor with this one.
@mattbradley1716
@mattbradley1716 4 ай бұрын
We need more discussion and disagreement or nothing will get done and we'll all just end up sitting on our sats. Respect to you both. Lets have more fire like this in the space.
@dr.k.math.777
@dr.k.math.777 4 ай бұрын
Two of my favorite Bitcoiners up there. I love it.
@CaptureAsia
@CaptureAsia 4 ай бұрын
I really love this talk in this podcast eposide. I kept listening and learning something new from it. Let's hope the future is great for humanity.
@WalkerAmerica
@WalkerAmerica 4 ай бұрын
Happy anniversary, Michael!
@lawrencehutson2478
@lawrencehutson2478 3 ай бұрын
Thanks to both of you guys - ❤️
@zaiux
@zaiux 4 ай бұрын
I was not expecting this many hard-to-watch bits. Great debate
@hiranm8944
@hiranm8944 4 ай бұрын
As always great to see my guru Saylor speak again but very impressed with Saife’s challenges and points of debate. Never seen this before - great to see two guys on the same team have a good debate.
@marktube4377
@marktube4377 4 ай бұрын
Man Saylor is so sharp, it’s hard to outsmart him
@MrAdamKan
@MrAdamKan 4 ай бұрын
This was Epic! A very thought provoking debate. I have more questions than answers now though! Yet another example of the fact that you never stop learning in Bitcoin.
@phillipechavda3654
@phillipechavda3654 4 ай бұрын
I believe both of them would agree with each other if you gave them enough time and if Michael was willing to hear Saifs argument a bit more (which he didn't explain well or get a chance to finish). If you want to learn more about the Austrian Economic view on interest rates and banking, Saif explains it in depth in his principles of economics book(you can download it free online, it's very good). Either way, I think Michael is right if we are considering how things will work in the next 30-100 years where the cost to store Bitcoin will probably continue lower than the interest rate. What Saif was trying to say is that on a Bitcoin standard, the interest rate would probably get very low thanks to the possible decline of peoples time preference and this would change how loans would work quite a bit. I'd love to hear more about this, actually.
@ToBTCoT
@ToBTCoT 4 ай бұрын
I agree with your breakdown of the discussion.
@mitakon21
@mitakon21 3 ай бұрын
Saylor the GOAT😊
@AnonDa
@AnonDa 4 ай бұрын
They actually agree on 95% of this interview - Saylor just has more confidence in the lender of last resort (US Gov) to bail out regulated institutions in a BTC lending world, than Saif. A great watch!
@Christimony222
@Christimony222 2 ай бұрын
I love this video. Especially because they are open about disagreeing with each other on some things. I like to hear two different valid perspectives.
@pedrogoncalves3380
@pedrogoncalves3380 4 ай бұрын
Two bitcoin Gurus... THANKS!
@msdy51364
@msdy51364 28 күн бұрын
Love them both, brilliant. I think their contrasting views is influence by Saylor's decades experience as an entrepreneur while Saifedean I think has not. As a former buss. owner I think i'll go for Saylor's take.
@thenarza7307
@thenarza7307 4 ай бұрын
The lender of last resort discussion showed the difference in their opinions on how this develops. Saifedean thinks the illusion of fiat will vaporize at some point. Saylor believes the illusion will continue indefinitely as a useful imagination.
@YungKingz__
@YungKingz__ 4 ай бұрын
Agreed! It was a battle of the premise of conversation that why it was intense. Frame Control is everything in a debate and/or any interaction with a human being.
@anastasiosleou7139
@anastasiosleou7139 4 ай бұрын
Epic talk great to see the tension. Nothing worse than 2 people agreeing on everything… Thanks 🙏🏻
@JasonHolmers
@JasonHolmers 4 ай бұрын
Safedean was smartest guy in the room until Saylor came around. Saylors messages were much clearer and peaceful and reasonable. Each video with Saylor is an education for the world. Wise man.
@Brandon.80
@Brandon.80 3 ай бұрын
Saylor is surprisingly more realistic than Saifedean, and seems just as smart to boot.
@tjmooney4181
@tjmooney4181 4 ай бұрын
Acquire as many satoshis as possible while uneducated people still accept dollars for them
@taoam7223
@taoam7223 4 ай бұрын
Sure but that doesn't seem to be what he's trying to say at all (talking about Saylor), he's still treating bitcoin as "an asset" rather than money, hard money doesn't need to "perform".
@tommypd
@tommypd 4 ай бұрын
Top tier conversation 🙏
@Appolonius10
@Appolonius10 4 ай бұрын
I’m giving this one to Saif. Saylor can’t accept his thinking. I reckon secretly he agrees but needs to keep the powers that be will ban MSTR. That’s why Saylor went ad hominem on Saif
@christophercox5633
@christophercox5633 4 ай бұрын
disgree with you on that. saylor is a pragmatist and knows EXACTLY how to strategize the game.
@epicmedia2280
@epicmedia2280 4 ай бұрын
Total W for Saylor. Saif is learning.
@wilsongalucho1142
@wilsongalucho1142 4 ай бұрын
This a lot of fun to watch I like when Michael pushes back, and Saif had to hold his ground haha intense at times. But all fun and games. I think Saif is more what ideally could be and Michael is more what's more likely to be. In any case Bitcoin will win in the end!
@redge4553
@redge4553 4 ай бұрын
I see Michael Saylor, I click
@youngcd12
@youngcd12 4 ай бұрын
Phenomenal discussion. Really enjoyed the difference of opinion here.
@jayhebert8775
@jayhebert8775 4 ай бұрын
People just don't understand Michael... damn he's amazing.
@jsnow6925
@jsnow6925 4 ай бұрын
I love saylor, my only concern is that he is so much smarter than all of us he going to get sick of us idiots and will only talk with AI robots in the future. They will then both decide we are no longer needed lol
@jayhebert8775
@jayhebert8775 4 ай бұрын
​@jsnow6925 lol that's pretty much what we witnessed in this interview.
@epicmedia2280
@epicmedia2280 4 ай бұрын
People should stop trying to lecture Saylor. He not only knows the End Game but also he is playing it. Top tier thinker
@piriqui1
@piriqui1 4 ай бұрын
what a ride this podcast was, incredible the amount of knowledge I got from it, one thing is for sure, BTC is king!
@DonBrott-jz8it
@DonBrott-jz8it 4 ай бұрын
IM GOING to spend half a day studying this .
@thenarza7307
@thenarza7307 4 ай бұрын
1.5x was a mistake for this...
@SmallTimeDIYQ
@SmallTimeDIYQ 4 ай бұрын
This is world-class. Thanks for the education, gentlemen.
@bitcoine
@bitcoine 4 ай бұрын
both had a point but saylors case had the foresight to compare with relativity to marketcaps.
@LKNDIY
@LKNDIY 4 ай бұрын
Michael is on point here. Two great minds sparring ideas. We need more of this.
@shadesocks3357
@shadesocks3357 4 ай бұрын
I actually disagree with Michael Saylor for once.. and he is completely close minded here. Saif is not say people shouldn’t have credit. Credit just might not be sustainable in a sound money system.
@LibertyCity2077
@LibertyCity2077 4 ай бұрын
First of all we don’t have a sound money system, yet. But there will always be credit. Barrowing to build and achieve more in a shorter period of time will always be atractive and could often make sence if it’s spent wisely
@shadesocks3357
@shadesocks3357 4 ай бұрын
@@LibertyCity2077 Yeah I agree Credit will exist, but I believe it will be much more perilous than it is today. When you are lending out real money you have to be even more careful who you are lending to.
@damijan72
@damijan72 2 ай бұрын
Great video! I remember the long consolidation phase early this year when many people got out of Ada. I was a little impatient too and sometimes even some kind of angry but I never lost faith in Ada. And now it’s on its way to 8-10$ if it keeps up this momentum…
@hamishmmc
@hamishmmc 4 ай бұрын
Man Saylor really demolished in this, never really hear him take an argumentative tone, but it really shows how smart he is to have a more combative interview.
@elensayista8988
@elensayista8988 Ай бұрын
Michael "Ill be buying the top forever" Saylor. Legend.
@MikeStillUK
@MikeStillUK 4 ай бұрын
Saylor is getting schooled in Austrian economics
@huxley49620
@huxley49620 4 ай бұрын
Totally.
@souravsahu4727
@souravsahu4727 4 ай бұрын
It was just Saif's personal ideology. Credit / Interest/ Yield exists in Austrian economics and this has noting to do with Bitcoin.
@diegogiacoppo7090
@diegogiacoppo7090 3 ай бұрын
Fascinating thesis about a reasonable outcome of how Bitcoin can influence borrow rates and compete with other assets within the current economic framework. I think Saylor is the most rational here, at least for now
@tommycala
@tommycala 4 ай бұрын
Two legends!
@RedorBlack21
@RedorBlack21 4 ай бұрын
Your intro music reminds me of my first BTC purchase in 2021 😃😃😃 Thanks Siaf 👊
@DawnRempel7
@DawnRempel7 Ай бұрын
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
@AlexieAuer
@AlexieAuer Ай бұрын
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
@DawnRempel7
@DawnRempel7 Ай бұрын
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Mathew . A widely known crypto consultant
@ClaireOwen6
@ClaireOwen6 Ай бұрын
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
@RoderickKuhlman57
@RoderickKuhlman57 Ай бұрын
I started working with Alex Mathew back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
@AlexieAuer
@AlexieAuer Ай бұрын
So how can I get in touch with Alex Mathew anyone?
@tmassak6860
@tmassak6860 4 ай бұрын
There's levels to this. Some were just early wrote books but have no clue and theoretical with terminology confusion, and then there is Saylor a financial engineer legend that maxis deep inside hate and don't understand
@datgoy5509
@datgoy5509 4 ай бұрын
We just understand that the current debt based system is only possible through involuntary wealth distribution. Saylor pretends to be against communism, but when he found a way to steal from people himself he does not see his own hypocrisy and even defends his right to do so.
@fatrick9001
@fatrick9001 Ай бұрын
Lmao you're a lowwit fanboy arguing from your fanboyism. Saylor himself wouldn't agree with your ice cold take. You're also probably too dull to have read Saif's book like Saylor did (which he always recommends to others).
@CatherineMason425
@CatherineMason425 4 ай бұрын
Watching the market's ups and downs shows how quickly things can change. The recent misinformation incident reminds us that external factors can shake things up. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. Stay alert, diversify, and let's ride this unpredictable market together. At the core is Milton Harper, whose deep understanding of crypto and traditional trading is key. His all-encompassing investment approach and staying updated on trends make him a valuable ally in this crypto era..
@CatherineMason425
@CatherineMason425 4 ай бұрын
He mostly interacts on Telegrams, using the user-name,
@CatherineMason425
@CatherineMason425 4 ай бұрын
@MiltonHarper
@AntonioMaurer503
@AntonioMaurer503 4 ай бұрын
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience...
@Phillipp-t1z
@Phillipp-t1z 4 ай бұрын
Building a good investment portfolio is more complex so I would recommend you seek Milton support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams.
@blamemando428
@blamemando428 4 ай бұрын
Spot-on, I would always rate his signals as one of the best ever used 100% accurate.
@chrissiemens
@chrissiemens 4 ай бұрын
Hey can someone correct me if I’m wrong here, but according to the 21 year price forecast (presented at 9:04) does the bear case work out to approximately 46x, base case 200x, and the bull case 754x?
@Abigailmira34432
@Abigailmira34432 Ай бұрын
I just have to applaud your content man, well done. Long term investors know that the market and economy will recover eventually, and investors should be positioned for such a rebound. I gained $180k from bitcoin in 2021 before the market crash and now I'm buying again, adding more at a time. Having a good financial advisor like Veronica Hoy, it will add to your success in the crypto market.
@Tennyson-r76
@Tennyson-r76 Ай бұрын
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.
@Chrisfrank-wh2kl
@Chrisfrank-wh2kl Ай бұрын
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.
@sabinemeier2753
@sabinemeier2753 Ай бұрын
The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.
@ArchieM.-rl7md
@ArchieM.-rl7md Ай бұрын
You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.
@RICARICADO231
@RICARICADO231 Ай бұрын
I'm new at this, please how can I reach her?
@timmiodek4475
@timmiodek4475 Ай бұрын
I rarely subscribe to a channel based on watching one stream. This episode I would put in the rarely category. I’m subscribed. Saylor fan 100%. I like the stonk. Anyway, he challenges him. MS is smart as hell. If they’re all like this - this is more Joe Rogan than Joy Behar. Impressive because there’s not a lot like you. 👍🏼
@jackwillison177
@jackwillison177 4 ай бұрын
I bought 2 bitcoin at $40,000 wanting to exit with at least $200,000 but at the moment i am worried that bitcoin won't get to $100k in this bull run, as post halving has not seen bitcoin break its ATH. I need advice, should i cashout now and put my money in safe investments or still hangon?
@AndreaRoberto-wm3th
@AndreaRoberto-wm3th 4 ай бұрын
Don't sell! I believe Bitcoin will reach $150k this bull run. If you're unsure, consult a financial advisor who specializes in crypto investments for their clients.
@vivianlucy141
@vivianlucy141 4 ай бұрын
Hold on to your Bitcoin! I’m confident it will hit $150k during this bull run. If you’re uncertain, consider consulting a financial advisor who specializes in crypto investments for personalized guidance.
@Williamjame444
@Williamjame444 4 ай бұрын
I'll advice you not to sell, Crypto through 2025, then high yield ETFs through the bear market 26’-27’. During bear markets, aim to 5x your portfolio by accumulating crypto and reinvest in dividend stocks & index funds. Consult a financial advisor for help. Since 2020, my $1.2m portfolio has averaged 28% annually.
@MizThe
@MizThe 4 ай бұрын
My advice is not to sell. Hold crypto until 2025, then shift to high-yield ETFs during the 2026-27 bear market. During downturns, focus on growing your portfolio by accumulating crypto and reinvesting in dividend stocks and index funds. A financial advisor can guide you. Since 2020, my $1.2 million portfolio has averaged a 28% annual return.
@Williamjame444
@Williamjame444 4 ай бұрын
I’ve been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.
@survivaldad7937
@survivaldad7937 Ай бұрын
This man is not only a genius, he has balls, he has morals, he is the man
@M.Theilig
@M.Theilig 4 ай бұрын
The first time watching an interview with Micheal Saylor in which he gets annoying, what is happening? Why is he saying Saifedean is imagening a world without loans or loans are illegal? He doesn't say that.
@alatthepost
@alatthepost 4 ай бұрын
I see a lot of ignorance in Saif. I’ve read his books and he is definitely narrow minded and lives in a brotopia.
@andrewphipps2773
@andrewphipps2773 4 ай бұрын
It was strange. Saylor seemed intent on defending banks for some reason and throwing out ad hominem attacks
@ToBTCoT
@ToBTCoT 4 ай бұрын
I would have liked to hear Saifedean elaborate more on his ideas. I think they were talking past each other a bit. I think Saylor was looking into the next 10-20 years regarding banks and bitcoin, while Saif was looking at 200-2000 years down the road.
@andrewphipps2773
@andrewphipps2773 4 ай бұрын
@@ToBTCoT seemed pretty obvious that Saif was just talking about logical conclusions, not timelines for those conclusions to come to fruition.
@socalcrypto
@socalcrypto 3 ай бұрын
Saylor's devoted vast time/resources to devising the best way to achieve mass BTC adoption. He knows it's key not antagonize the existing establishment. He always has this in mind when publicly speaking. Even if he believed fiat will go away entirely and be replaced by Bitcoin, he would never say that right now because at this point that could be counterproductive. The most effective/logical approach is not to threaten the establishment but to woo them to our side.
@socalcrypto
@socalcrypto 3 ай бұрын
Unlikely he's ever speaking on what he may really believe, but rather has the extreme discipline to always say what he believes will help bring about the ultimate goal of BTC acceptance and adoption.
@julietrapp1764
@julietrapp1764 4 ай бұрын
I think Michael's goal for Bitcoin is to make the world a more beautiful and peaceful place. The goal is not to destroy or attack everything. We don't need push back. We can win this race without turning it into a Hunger Games. Michael is greatness.
@bitcoinedo
@bitcoinedo 4 ай бұрын
Something you guys missed in the discussion is that Bitcoin is going to have more purchasing power decade by decade. This means you don’t need to have a nominal yield on Bitcoin. You can have your purchasing power slightly increase over years without even borrowing it. That is same as having a percentage yield on stable or declining asset. So on this part, I agree more on Saifedean’s position, I just think he didn’t bring up the right arguments defending that thesis.
@21stCenturyEconomy
@21stCenturyEconomy 4 ай бұрын
I loved the second half of the tall. There should be A 5 hour talk in-depth about lending and yields with saylor again
@Hammeredveracity
@Hammeredveracity 4 ай бұрын
You want to torture him lol
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