Michael Saylor: The Importance of Bitcoin | SALT Talks #141

Michael Saylor is a technologist, entrepreneur, business executive, philanthropist, and best-selling author. He currently serves as Chairman of the Board of Directors and Chief Executive Officer of MicroStrategy. Companies like Google, Amazon, Facebook and Apple represent the big winners in the technology space. The last ten years were marked by investments in these giants. Now, it is harder to see such high returns through retail investing. With a massive expansion of the money supply, the biggest opportunity now lies with Bitcoin. Bitcoin acts as a digital gold guarding against inflation caused by government stimulus. “If you’re going to make money the 21st century way, you’ve got to do it virtually… Bitcoin has the potential to be digital gold… thermodynamically perfect.” Bitcoin is now moving mainstream and major financial institutions are getting on board. These companies are putting Bitcoin on their balance sheet as an institutional safe-haven asset. This growth in adoption will drive an exponential increase in value. “Bitcoin is the one asset that as the price goes up, it becomes more attractive to an investor.” ————————————————————————— To learn more about this episode, including podcast transcripts and show notes, visit salt.org/talks Moderated by Anthony Scaramucci.