Top Crypto Insights for Building Wealth in a Volatile Market | Michael Saylor (Replay)

I’ve been diving into cryptocurrency and I do not want any of you to miss out on the opportunity to learn more about Bitcoin and crypto for yourselves. I am all in when it comes to building businesses and being the entrepreneur that I am, but when it comes to finances, I am definitely out of my comfort zone. It feels like a movement going on around Bitcoin and crypto, and it would feel so wrong to not bring you, someone, I think you should definitely spend time researching, Michael Saylor. The once-in-a-lifetime opportunity that is accessible to nearly every single person cannot be disregarded out of ignorance. Michael is an MIT graduate and the CEO of Micro-strategy and a self-appointed ambassador for the Bitcoin Movement, whose explanations of what Bitcoin is and why this is so important is one of the best I’ve heard in my own pursuit to better understand cryptocurrency. Listen, research, and do what is best for you, but I urge you to make an informed decision. [Original air date: 6-10-21]. SHOW NOTES: Startup | Michael on how MicroStrategy started [1:39] Risks | What growing $16 million with risks was in comparison to no risks [3:53] First Principles | First Principles thinking and being intellectually fearless [11:22] Bitcoin | Michael explains how why bitcoin is 1st engineering in economics [21:50] Currency Value | Breaking down the shift in wealth with devaluing currency [25:51] Inflation | Michael debunks inflation myth, unpacking the real problem [28:50] Hyperinflation | Hyperinflation in bonds, crypto, luxury items [34:26] Cash Is Trash | Michale explains how cash is losing value, and at what rate [38:24] Devaluation Rate | Michael on the challenge of beating currency devaluation [43:03] Currency Conversion | Converting weak currency to stronger assets is best [48:48] What Is Bitcoin | Michael explains why bitcoin is more valuable and desirable [51:20] Crypto Volatility | Bitcoin volatility and seeing how big the problem is [1:05:11] Accessibility | Bitcoin accessibility and solution for rich and poor [1:15:53] Bitcoin Secure | Michael exposes how Bitcoin is a secure asset [1:20:57] Sustainable Energy | Bitcoin, sustainable energy and Elon Musk [1:22:49] CHECK OUT OUR SPONSORS Range Rover: Explore the Range Rover Sport at https://landroverUSA.com Miro: Bring your teams to Miro’s revolutionary Innovation Workspace and be faster from idea to outcome at https://miro.com Betterhelp: This episode is sponsored by BetterHelp. Give online therapy a try at https://betterhelp.com/impacttheory and get 10% off your first month Netsuite: Spend less time looking backwards, and more time on what's next. Download the CFO's Guide to AI and Machine Learning at https://NetSuite.com/theory NordVPN: EXCLUSIVE NordVPN Deal ➼ https://nordvpn.com/impacttheory Try it risk-free now with a 30-day money-back guarantee! Vanta: Get $1,000 off Vanta when you go to https://vanta.com/THEORY ********************************************************************** What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER SCALING a business: see if you qualify here. Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here. ********************************************************************** Join me live on my Twitch stream. I'm live daily from 6:30 to 8:30 am PT at www.twitch.tv/tombilyeu ********************************************************************** LISTEN TO IMPACT THEORY & MINDSET PLAYBOOK AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices