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MicroStrategy's Michael Saylor on gold, Ordinals and Bitcoin ETFs

MicroStrategy's Michael Saylor on gold, Ordinals and Bitcoin ETFs

FromThe Scoop


MicroStrategy's Michael Saylor on gold, Ordinals and Bitcoin ETFs

FromThe Scoop

ratings:
Length:
59 minutes
Released:
Jun 30, 2023
Format:
Podcast episode

Description

Michael Saylor is the Executive Chairman of MicroStrategy.
Since 2020, MicroStrategy has amassed an eye-catching bitcoin reserve, making it one of the largest corporate holders of bitcoin in the world. Critics have been vocal, but Saylor and his company have stood firm in their belief and commitment.
In this episode, Saylor explains why bitcoin's performance over the last two years relative to other asset classes is indicative of relative strength, and gives his opinion on recent bitcoin developments including the flurry of ETF applications as well as the Ordinals/BRC-20 debate. 

Outline:
1:59 - Inflation & Bitcoin
8:29 - MicroStrategy's leverage
9:12 - Bitcoin's volatility regime
13:48 - Technocrats
15:19 - Bitcoin legitimization
19:34 - Bitcoin Maximalism
25:31 - Saylor on Ordinals
28:39 - Unregistered securities
30:20 - Crypto crackdown conspiracies
34:38 - Spot Bitcoin ETF
39:54 - Bitcoin dominance
51:50 - Work/life balance
53:30 - MicroStrategy's miscalculation
55:09 - Thermodynamically sound economic energy

This episode is brought to you by our sponsors PayPal and CleanSpark.
About PayPal
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About CleanSpark
CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.
Released:
Jun 30, 2023
Format:
Podcast episode

Titles in the series (100)

Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Director of News Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.