HarryPotterTrumpSonic100Inu (BTC)

E172: @Saylor: Why Hard Work Won't Make You Rich

Michael Saylor is the chairman of @Strategy - the world's largest corporate holder of Bitcoin with over 840,000 BTC and $65+ billion deployed. He bought his first Bitcoin in 2020 when the Fed cut rates to zero hasn't stopped since.

With WSH, I always want to go much deeper than the current narrative and that’s exactly what we did here. We gradually moved past the surface and into the things that really shaped Michael. We talked about his childhood, growing up in a military family, buying domain names in the 1990s and flipping them for tens of millions, losing $6 billion of his net worth in a single day during the dot‑com bubble, his great Apple bet in 2012, why working hard won’t make you rich, why you should mortgage your house but probably not sell your kidney to buy BTC, why "THERE IS NO SECOND BEST", and a lot more. The conversation lasted more than two hours, much longer than originally planned, and it was just amazing. I hope you enjoy it as much as I d

Prophecy Coming True?

Martti Malmi's concern about the ETF era: he can see a future where all Bitcoin is KYC, or where it gets outlawed, or where something entirely unforeseeable changes the landscape.

His tentative optimistic read is that Bitcoin ETFs could act as a Trojan horse that gets the financial elite invested and on Bitcoin's side.

But he also acknowledges that same elite could capture Bitcoin and turn it into exactly what it was created to oppose. His disposition is to remain optimistic because, as he puts it, what is the alternative.

Bitcoin Takeover S16E12 with @marttimalmi