**Opti** (0:02)
Michael Saylor has been under siege for the past few weeks. And yesterday, we saw yet another attack from Jp Morgan directed at MicroStrategy. And the timing of all of this makes me think that the $4 trillion Wall Street giant might have been behind this coordinated attack the entire time. But before I get to all that news, on the exact same morning, Michael Saylor had to deal with one of the most hostile interviews I think you will ever see. It's actually ridiculous. So I really want you to ask yourself, why is MicroStrategy and Michael Saylor in this current moment being attacked?
Maybe my tinfoil hat is on right now, guys. But when it all happens at once, it's really hard to avoid the exact scenario playing out. So let me start with this interview, guys. It's actually kind of ridiculous. Apparently, it was supposed to be like an hour-long interview, and Channel 4 from the UK apparently just edited a three-minute clip and posted this on their socials. And I think they tried to do it.
I can't say it yet. I think they tried to make Saylor look unhinged. So let me play this and then I'll respond to this, and then I'll tell you the JP Morgan news.
**Michael Saylor** (1:24)
That's a very compelling idea.
**SPEAKER_3** (1:27)
Social security is very compelling.
**Michael Saylor** (1:29)
Spiritual immortality is the basis of religion. Economic immortality is the basis of Bitcoin.
**SPEAKER_3** (1:35)
What happened last year? What happened with the price?
**Michael Saylor** (1:38)
It goes up and it goes down, but it's irrelevant because the point is, it's going up double to triple the rate of the S&P over the long term because it's economically superior.
**SPEAKER_3** (1:49)
People shouldn't panic if it loses 50% of its value. Is that the crypto winter?
**Michael Saylor** (1:55)
No, the right way to think of it is people shouldn't invest in a volatile capital asset. If you want to make a capital investment in anything, real estate, equity, Bitcoin, you should have a time horizon of 4 to 10 years. If you need the money in the next four months, you're a credit investor.
**SPEAKER_3** (2:15)
But all the risks, all the risks, all the risks, all the risks. Well, I just want to explore.
**Michael Saylor** (2:20)
If you're going to ask me the question, you got to listen to the answer. The point really is Bitcoin is the world's most secure digital property network. It's 21 million blocks. It's a cyber Manhattan.
So all of the people in the world that would like to put their money in a bank and cyberspace, they don't trust the government. They don't trust the company.
**SPEAKER_3** (2:41)
But you're a company. You're a company.
**Michael Saylor** (2:44)
Are you going to keep interrupting me or are you going to listen to the answer? Even though 10 million companies will come and go and 10 billion people will come and go in 500 years, and the Bitcoin still holds its economic value.
**SPEAKER_3** (2:55)
Well, unless quantum destroys that idea.
**Michael Saylor** (2:59)
The entire quantum thesis is maybe someone will invent a better computer.
**SPEAKER_3** (3:03)
So before we get to...
**Michael Saylor** (3:06)
If you're going to ask me these questions, you cannot interrupt me.
**SPEAKER_3** (3:09)
Before we get to it.
**Michael Saylor** (3:10)
Because it's like, I'm not going to do this with you.
Like you're being offensive right now to do this. Like it's literally a fantasy. You fantasize, like the Tooth Fairy might actually come out of the clouds in 37 years with magical wands and wave them at you.
**SPEAKER_3** (3:28)
I hope she's not coming after my tea.
**Michael Saylor** (3:30)
And destroy your house.
It's like, okay, yeah, well, maybe the Tooth Fairy will come and dematerialize my house. But I'm still going to have the house because I don't I think it's that likely.
**SPEAKER_3** (3:41)
Is it the proletariat that benefit from Bitcoin's expanse? Or is it people who have very big shares? People like you.
**Michael Saylor** (3:50)
Did I not just point out that I have 55 million beneficiaries? It's a technology and right now it's touching 500 million people, but there's no reason why it shouldn't touch 5 billion people. Okay, we're done.
**Opti** (4:07)
All right. First off, I don't think we've ever seen Saylor get that angry and that frustrated in an interview. We've seen the classic Saylor Psy. Maybe the Danny Knowles podcast might have been the biggest freakout we've seen from Saylor up to this point. But now he's talking to the corporate press and you can tell it was, it wasn't a good interview. We'll see if we get the entire hour interview. It does seem like it was a longer interview. It also does seem like they edited down to just make Saylor look maybe a little more unhinged than maybe he was. Personally, I know you guys may be like Opti, you're being hypocritical here, but I'm Team Saylor on this one. At a certain point, I will put aside all of my trolling and cynicism and stand with the Bitcoiners. We are all Bitcoiners after all. Maybe we don't all agree on what Bitcoin will be. Maybe I'm not a micro strategy holder, et cetera, et cetera. And yes, as I can hear Ron P in my head right now being like, Opti, you were fighting Saylor last week too. Okay, look, whatever. Caught in 4K. I'll come back now and be like, yes, I am on Saylor's side here, especially in the context of when the no coiners come after us, when the media comes after us, when we're seeing essentially Wall Street attack Bitcoiners and Bitcoin products. I'm team Bitcoin, all right? I rally around team Moran. So, hey, I'm not perfect, all right? I like a little bit of gossip every once in a while, like a little bit of fun and trolling of each other. I think it's good constructive criticism. But again, it's not what this show is about.
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