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#175March 17, 20211:36:56

#161 with Michael Saylor - Why Michael Saylor Believes Bitcoin i…

About This Episode

Michael Saylor, CEO of MicroStrategy, joins the podcast to discuss his aggressive strategy of converting corporate treasury cash into Bitcoin. He explains his perspective on the 'treasury problem,' where asset inflation outpaces currency value, and shares his history of acquiring and selling premium one-word domain names.

Episode Description

Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ --------- --------- Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) discuss: 5:30 How Michael sells domain names for millions 23:19 Why Bitcoin is the solution to every company's treasury problems 37:34 How Michael forecasts the cost of capital 45:25 Why fixing MicroStrategy's balance sheet, fixed the whole business 51:28 What Michael's role at the company is today 52:40 Warren Buffett calls Bitcoin rat poison. Is he right? 1:01:30 How employees feel working at MicroStrategy 1:14:58 Shaan and Sam give their reactions to the interview --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. Editing thanks to Jonathan Gallegos (@jjonthan)

Key Takeaways

1

Treat corporate cash as a 'melting ice cube' that loses value rapidly during periods of high money supply expansion, necessitating a shift into 'hard' digital assets.

2

Invest in one-word English domain names because they leverage the billions of years humans have spent learning language, providing instant brand recall that misspelled brands cannot match.

3

Calculate the rate of money supply expansion (M2) to determine your personal and corporate 'cost of capital' hurdle rate for any investment or business venture.

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Quick Stats

Duration1:36:56
Guests1
Ideas Discussed0
Topics4