WE HAVE LASER EYES - Michael Saylor at BTCPrague 2023

Michael Saylor - The Future of Bitcoin (BTC Prague 2023 Keynote)
Michael Saylor delivered, in his own words, his first keynote with slides this year. It was a brilliant speech, as one would have expected. Michael put bitcoin into perspective with other assets such as gold, bonds, equity, or real estate. He concluded that bitcoin is the best long-term investment to protect against inflation. The crowd was excited and awarded him with standing ovations.
Buy tickets for BTC Prague 2024!
www.btcprague.com/tickets
Slides are available here:
www.michael.com/content/dam/m...

[@uncommoncharlie7]

No one laughed at his second best slides joke, I laughed, Michael.

[@nickrose219]

That joke would have killed in the states. I laughed as well

[@uncommoncharlie7]

@@nickrose219 put him up in fat man room

[@FlorisDVijfde]

Where did he make it?

[@JeDxDeVu]

Right in the beginning

[@21SpielSatsSieg21]

Nobody realized his joke 😂

[@JoeNakamoto]

Saylor should do more of this. Great presentation; great way of explaining this!

[@JCV123]

Yes! The video I have just uploaded on my channel, has the same structure and arguments as Michaels presentation. Btw loved your conversation with Jeff Booth in your resent video.

[@vtapvtap3925]

f him - he is gambler

[@albertwang5974]

The future belongs to DogeCoin！

[@ThinkForYourself007]

He has for the past 2.5 years. Go dig up all his interviews, all stellar ❤

[@NicholasAlt]

Best presentation ever 🎉🎉🎉🎉🎉🎉🎉🎉🎉

[@DanJohnsonAffordableAviation]

Two words: Buy Bitcoin‼️

[@yobesondieki1]

A lecture for the ages! Bravo Mr Saylor.

[@sovereignruler]

How great was that? Michael's way of processing information and explaining it is second to no one. He makes so much sense, that it's down right scary. But, he's right. Global Bitcoin adoption is inevitable.

[@JCV123]

Yeah, he is just brilliant! I've uploaded a video yesterday, going through the same arguments. Could you maybe give some feedback on it? Anything I could improve? Have a nice day brother, stay calm and keep bitcoining 🙏

[@SquareRootOfMinus1]

I’d contest that. He does do a good job of explaining the problem: inflation, money printing, etc. But - like every other podcaster - immediately begins talking about one particular DLT that could solve it. This is disingenuous. Better : propose that a Coin could be regarded as hard money, and run on an immutable DLT, that can accommodate large numbers of people, and offer the promise of future Security. Next : propose how a particular chosen coin meets those criteria. If he wants to propose Bitcoin - sure; let’s see a demo on how it can meet these criteria. IMO it cannot be the current version of BTC. Perhaps the original instances of Bitcoin could have. But that’s been abandoned. Rendering Bitcoin insecure in future. Yes - that’s a fairly lengthy conversation- but still quite doable. Bitcoin needs mining. Mining needs to be paid for. Current cost is ~$25 M per day. In Future, Tx Fees alone will need to raise that much, at minimum. But likely much, much more - esp if price of BTC rises. Else - how does the ecosystem promise Security ? This is the ONLY thing we need to hear from proponents of this particular DLT. *The only thing.* Yet it is the only issue they flatly refuse to discuss.

[@SquareRootOfMinus1]

Bitcoin must become an MoE. Why ? Because it needs lots & lots of high fee transactions to pay the Miners. For it to be an SoV it must be seen as secure. Security comes from Mining - as Saylor, et al, always point out. So you need LOTS & LOTS of money spent on mining. And that needs to be paid for. Therefore we need to maximize high fee transactions. But if the 2 primary use cases for BTC are : 1. HODL 2. Liquidity on Lightning…. Then how do you pay the Miners ? If it’s not circulating. So the question that every person should ask is : *How can BTC be a good MoE ?*

[@sovereignruler]

@@SquareRootOfMinus1 Bitcoin is the apex store of value, bar none. Technology will lead the way to cure these questions, much like nature solves its own riddles to perpetuate its existence. We always find a way.

[@sovereignruler]

@@SquareRootOfMinus1 Investors are drawn to capital projects that generate outsized returns at the lowest possible risk. As a result, there will be an enormous amount of capital that will flow into Bitcoin to capture an asset that cannot be devalued via monetary policy. It's real and it will happen. It's not a question of if but when. Read the latest news about JPM foray into Bitcoin ETF.

[@bangkokbert3440]

Excellent work by BTC Prague for publishing this presentation in this format

[@JoshuaSchultz]

Damn, there is no second best!! I love to hear Micheal Saylor lectures on bitcoin. They hit different.

[@ccgoulart]

There is no second option. Buy BITCOIN and hold it forever. That´s what I am doing. Cris, from Brazil

[@JSokol]

There is no second best!

[@kosdas]

simply F A N T S T I C Michael. There is no second best set of slides 😀

[@SteveMiguel]

Really clear and easy to absorb information. It's insane how good M.S is at explaining things

[@stereodachs]

This man is pure inspiration ❤

[@DTR89]

Hoarding all the world's Bitcoin is inspirational to you?

[@NOSFERATU_ONE]

@@DTR89 not all less than 1% In terms of the percentage they hodl, Bitcoin whales have a smaller allocation compared to whales of other cryptocurrencies.

[@stereodachs]

yes, if you listen to him sincerely intellectually and have been for 3 years, then he can hold even more bitcoin for my sake.

[@DTR89]

@@NOSFERATU_ONE The goal of Microstrategy is 1% (210,000 BTC) and they're getting very close. What good will that do for the world for one single entity to own 210,000? Tell me

[@DTR89]

@@stereodachs What inspires you is Bitcoin itself, not Michael Saylor. Saylor is an egotistical playboy who happens to be very good at explaining the potential of Bitcoin

[@akikotakorpi6354]

Thank you, @Saylor, for the inspiring presentation.

[@NicholasAlt]

“Humans are playing musical chairs. Bitcoin is the chairs.” - Me

[@neronblg]

There is not much to say... he said it all ❤

[@KingRichKang]

All facts. Michael Saylor makes sense.

[@rammachiraju]

Michael Saylor is always great at unpacking things from 1st principles. He's a great asset to the Bitcoin community.

[@icphubsingapore]

look back on this video in 10 years and you'll wish you can turn back time

[@IshMail-cx6dv]

I already look back on 10 years and wish I could turn back time. I've been watching bitcoin since 2013 and I still don't have any. It started as I didn't know how to buy it, then I couldn't afford it, then I forgot about it, then I couldn't afford it again.. But in the beginning, when I had money and could afford a lot of it, and if I knew how to buy it, I would be a billionaire right now.

[@satoshiserben5417]

Bitcoin, there is no second best

[@atomiccBTC]

Sensational

[@djdestroyer]

23:25 was timed perfectly

[@MagicMorpheus]

this will age well - mark my words!

[@jorgeluis-yk4vg]

good

[@ithakra]

Amazing! I sent this to my family that still cannot wrap their heads around bitcoin. They'll be asking me how to buy some after this.

[@mcmendez03]

Michael is brilliant, i need more presentations like that! Seemed like Prague was the center or the world that night 🎉

[@zzafrica87]

This presentation is a piece of ART

[@thevivekmathema]

simply the BTC Jesus!

[@UserXxx375]

😂

[@cryptodescribed]

This will go down in the history books 🔥💯

[@IGNACASLTU]

eye opening

[@Blitcliffe]

$btc fixes this. A fully decentralized, peer-to-peer network is unstoppable. Crypto is inevitable & shouldn't be controlled politically as the case of CBDCs. You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.

[@McElvinn]

Crypto currency shouldn't be used politically. Seems like away/excuse to control money. I thought Crypto currency was supposed to free from any political/ government control. Just an observation.

[@AUstinnesc]

What strategy should a new investor like myself employ? I'd like to take advantage of this current global tide. I started investing only this year and so far all the coins I have invested in happen to drop immediately after I get in but it looks up in recent weeks. Do I wait for more stability before giving another try?

[@sherryie2]

Given my lack of knowledge in this field, I consult a well-known investment advisor named "NICOLE DESIREE SIMON," who I saw on a CNBC appearance and afterwards contacted. She then provided entry and exit points for the securities I primarily focus on. You can look her up online using her name if you need supervision. I basically trade according to her plan and haven't turned around since. With her advice, I earned $640,000 in profit in 2022, and I'm hoping to triple that amount this year.

[@Aziz__0]

You can’t control how crypto is used. No one should.

[@carter3294]

@@sherryie2 This advice truly arrived at the correct time because my stock portfolio lost $36k last month. It's absurd! I just did some research on NICOLE DESIREE SIMON's credentials online. She seemed very knowledgeable, so I wrote to her outlining my financial market goals.

[@ricky8alta]

By this video not being viral, tells you how much people care about their wealth and wellbeing

[@H3c171]

Algorithms* Your*

[@victorc824]

*Like* for the slides.

[@SouvikDas123]

Michael made me add some BTC while watching the video 😂

[@stephenpaul4258]

Be careful with Saylor- he is not a trader, nor does he understand what the Govts have in store for Cryptos. Trade BTC whlie you can but dont hold it.

[@dingfeldersmurfalot4560]

@@stephenpaul4258 He doesn't want to be a trader and here as elsewhere explicitly advises against it. And he understands what govt. is going to do as well as any random citizen steeped in bitcoin and Austrian economics while understanding Keynesian. Finally, be sure to listen to what any rando says on the internet.

[@NotMe-wh5vb]

Very compelling presentation.

[@trungngo9830]

Hell yeah!

[@stacker8089]

Michael Saylor is the GOAT

[@scicommerce]

Wow wow wow 👌 ❤

[@serghelagin7694]

Great speach!

[@steveholloway1963]

Had to watch it again

[@maximilianalbrecht1658]

Very nice. Unfortunately I couldn’t be there. Maybe next year.

[@Chrisknot94]

This is my favourite video now.

[@johnstub]

you put 2% of your money into Bitcoin to stay diversified, I put 98%, remain 2% cash to live paycheck to paycheck, we're not the same

[@Chineserice-ft5zo]

McDonald's paycheck? 😂

[@synewparadigm]

98%? You are either a genius or crazy

[@dingfeldersmurfalot4560]

@@Chineserice-ft5zo If he can live off 2% of his paycheck, he isn't working McDonalds, he owns at least several McDonalds.

[@theantil7]

We are exactly the same pleb... exactly the same 🤝🏻

[@theantil7]

​@@dingfeldersmurfalot4560you can do this while having a low paying job if you just DCA btw. I'm fiat broke but I do this too. If I buy 10 bitcoin back in 2013 for example, I can now live off a 2% equivalent of my wealth (a McDonald's paycheck)

[@Diger8999]

Good words, thanks Micael Saylor

[@uTz11]

One of the best presentations ever.

[@martinjovanovic6783]

AMAZING

[@4sapphireb]

I buy MSTR over BTC for this reason. I can DCA without accounting issues and can use it in Retirement accounts. It’s not under scrutiny like actual cryptocurrency. Mr Saylor also keeps it safe and I don’t need to buy hardware to keep it offline. I can use margin and options without issue.

[@TheAdamAdy]

You cant be serious. You cant self custody MSTR. Youre exposed to counter party risk.

[@yourdailyblockchain]

Freakin awesome

[@Cassidon12345]

Probably the best video I've ever watched. Zero hyperbole.

[@Baddys98]

Thanks your for amazing slides. It was great experience 🔥. Also big thanks to BTCprague team for share this 💎. See you next year 🎉 #buybitcoin

[@richanderson5121]

A compelling speech, but I submit that "Scarcity" alone is not enough to drive the value of an asset. An asset must have scarcity AND some underlying "Utility" to make it increase in value long-term. (Note: "Store of Value" is not utility - that would be circular reasoning. Store of value is what happens IF something retains or increases value over time.. which requires scarcity AND Utility) Gold, silver and diamonds have some level of scarcity AND some level of utility (pretty to look at, some industrial applications). Oil has scarcity (limited annual production) and utility. Stocks have scarcity (limited shares) and utility (corporate revenue production or at least potential future revenue production). A rare painting is high on scarcity and to the extent that it is pleasant to look at has utility. Government bonds have some level of scarcity and some utility (future revenue). Real estate has utility. Even baseball cards, vintage Barbie dolls, Webkinz, or antique cars have some level of utility (cool to look at) to supplement their scarcity. Stop now and try to think of one thing besides crypto that has investment value with some underlying utility. You can't . And therein lies the problem with bitcoin... because it has no utility (completely unfit as an exchange currency) a better crypto - or 100 or 1000 better cryptos will be invented in the next 10 years that make it obsolete and it will eventually (it may take 50 or 100 years) will go the way of the dinosaur. Even cryptos like ADA that have utility and scarcity - will probably be obsoleted by better cryptos over the next 10 to 20 years. To summarize, Michael Saylor weaves an entrancing narrative, but conveniently doesn't explain why all cryptos move together in lockstep - because they are one big homogenius asset class with zero real scarcity and dubious utility. If you really believe scarce/limited/unique assets with no real functionality can soar in value, then go to your kitchen immediately and start bending all your forks into unique shapes! They'll be unique and limited... not good for anything... and then put them on eBay and wait for the price to soar! (That all being said - yes, in the short term Bitcoin may soar - especially if Blackrock and other money managers convince the SEC to allow them to create ETFs).

[@QDogg]

You sound like someone from the first world who has access to banks down the street from you, or has the ease of using CashApp/PayPal to send money to domestic friends in a blink, or has access to a brokerage account where you can invest your money in the stock market. Not everyone has such luxuries. Remember this is a global asset. This is a tool that can be used by different people for different needs. For those in the first world, it can be a store of value. For others in the developed world, it can be their medium of exchange and their personal bank account to store and protect money from those who would physically take it or debase their currency.

[@H3c171]

Privaleged

[@wadehoek6740]

So clear, so concise, so matter of fact. Everyone should watch!

[@Nucifero1]

Saylor is the new age Antonopoulos, the torch has been passed… nature is taking its course, we’re in good hands.

[@CJnh5vp]

Brilliant!

[@tvardalos]

brilliant insight

[@blessingpaul5484]

I began my investment journey at the age of 27, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity...

[@brittanynicolette9473]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@SophiaBint-wj8wn]

This is superb! Information, as a noob it gets quite to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

[@blessingpaul5484]

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $500k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

[@philipcollen482]

Do you mind sharing info on the adviser who assisted you? I’m 40 now and would love to grow my stock portfolio and plan my retirement.

[@Jessicatorres_768]

That's impressive! I could really use the expertise of the advisor, my portfolio has been stagnant.... Who’s the person guiding you?

[@swamivivekananda-cyclonicm8781]

Excellent🎉

[@zanshin720]

THIS!!!

[@mctben]

Michael Saylor you are the energy behind BTC - and you entered into it when It had the perfect frecuencia - I just love your economic inmortalidad. Thank you for the hope ❤

[@bitcoinpoemspro1406]

Awesome. I just sent to several people

[@mcirek]

God bless you!

[@flyjeffva]

I love Michael Saylor. I love the way he explains economics and Bitcoin. I have referred many people to Michael's videos. He does, however, present lots of facts that the listener must accept as presented. I did find an erroneous fact in this presentation. At 8:00 he states "Foreign currencies are collapsing against the dollar" I submit for consideration the Mexican Peso. In April, 2020 one Dollar bought 25 Mexican Pesos. Today one Dollar buys 17 Mexican Pesos. Since April, 2020 the US Dollar has lost 32% against the Mexican Peso. So is the Mexican Peso the strongest currency in the world? I would love to hear Michael Saylor reply to this.

[@matt_harder]

Legend

[@simonsmith4706]

One of the smartest guys of the world right now

[@olympiaweitze7567]

Hey guys, I don't know anything about investment or crypto , and I'm looking forward to invest, any help? Or who can I reach out to?

[@danieladekunle1952]

I do see it that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

[@douglastodd58]

That's true, Its really needful for beginners not to settle for videos alone or they will see themselves losing all their money just like me when I newly started trading with this videos here on KZbin

[@louismaxence4775]

down from its all time high has had the market and everyone in a panic in the past week. However, not everyone has seen it as a bad omen. The digital asset's price had gone down below

[@kenmorrison5420]

Most times it amazes me greatly the way I move from an average lifestyle to earning over 70k per month, utter shock is the word, I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus

[@olympiaweitze7567]

Wow, that's more than a mouthful of profits you're making. How do you achieve this feat consistently? You must be a genius in trading.

[@rahimlaaba2657]

Michael Saylor - worderful - thank you!

[@raveman7]

Gre3at talk by saylor but wish the audio was better

[@dmitriyantonenko9945]

Perfect

[@marcw1]

Quality

[@ricky8alta]

I'm selling my house to buy Bitcoin. Renting makes a lot of sense now. Buying a house for 30 years doesn't make sense anymore

[@g2squared]

BTC🌘🌗🌖🌕Hodl-on❕

[@vivin538]

St Michael Saylor please pray for us.

[@Alphawolf55131]

Micro or macro, Michael Saylor is brilliant.

[@stephendaedalos8970]

legend

[@g00d-news]

sound quality is not the best :( but saylor rocks as always :)

[@Rygl_]

It's really awful to be precise.

[@davidepatti4835]

I read the comment section thinking audio is completely crap. And all I see is people adoring the guy. Yours is the first comment about audio... Makes me want to sell all of it. Sheeps here.😮

[@jamesstuart5580]

Should have ran this video through Descript "Studio sound" so the audio balanced out way better. Literally takes 2 minutes and will make audio sound great.

[@yevengyklaus7066]

HOLY MOLEY! Someone give this man an award or more bitcoin or something!!

[@paco83s]

Fantastic Keynote!

[@rafffe]

Excellent presentation! Has potential to orange pill a lot of ppl.

[@TinTin21872]

Truth !

[@gaeldesmontagnesnoires1711]

I approuve. Onwards..

[@cryptofacts4u]

If anyone clips that and adds music Post your link here so we can listen!!!

[@davidepatti4835]

Audio quality in line with BTCs price. .

[@wogi9412]

First!

[@luisavila3108]

So funny. He’s amazing

[@Foxyfreedom]

No one tried to increase the audio on this?

[@yunggkieeef6984]

Goat

[@drommer007]

Dude is in the EU and says “we are in a foreign country, USD is the best currency” and presents countries with hyperinflation to support his case… Dude(being in Prague), the CZK from CZ QUADRUPLED it’s strenght against the dollar in the past 75 years…

[@trttoday7440]

strong work Micheal ! lol the digital life styln world 12:53..

[@alejandroaraujophillips7393]

Please add multi-languafe subtitles for a broader difusion! I need to share this to non-english speakers!

[@MidwestWind]

I can’t believe this video is free.

[@advantaproductions]

Notice how even this intelligent audience doesn't even get the first joke about there being no second best set of slides. We are just so early! Study Bitcoin by studying everything saylor says about Bitcoin because he has studied it more than anyone, including you.

[@pickin6strangs]

So good to hear the keynote with great audio. 🎉

[@dingfeldersmurfalot4560]

I had to crank the sound.

[@Dante3X]

🔥💯✊🏾

[@ivandelgado7254]

Phenomenal presentation!

[@miltonfriedman6709]

Can i translate this video in korean and upload it ?

[@roberthodgson3574]

One day, some people are going to look back at this presentation and think, "why didn't I take action?"

[@jollojakar8995]

normalize those audio levels

[@Thailand-iz7bx]

Thank you Mr. Saylor !!

[@HueTriTonThat]

No second best

[@Bryanbkk]

3rd best?