#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money

Michael Saylor is the CEO of MicroStrategy and a prominent holder and proponent of Bitcoin. Please support this podcast by checking out our sponsors: – Scale : https://scale.com/lex – Coinbase : https://coinbase.com/lex to get $10 in free Bitcoin – Audible : https://audible.com/lex to get $9.95 a month for 6 months – NetSuite : http://netsuite.com/lex to get free product tour – SimpliSafe : https://simplisafe.com/lex and use code LEX EPISODE LINKS: Michael’s Twitter: https://twitter.com/saylor MicroStrategy: https://microstrategy.com/ Michael’s Book: https://amzn.to/37J2iA0 Book mentioned: https://amzn.to/3jwsIaP PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support on Patreon: https://www.patreon.com/lexfridman – Twitter: https://twitter.com/lexfridman – Instagram: https://www.instagram.com/lexfridman – LinkedIn: https://www.linkedin.com/in/lexfridman – Facebook: https://www.facebook.com/lexfridman – Medium: https://medium.com/@lexfridman OUTLINE: Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) – Introduction (07:09) – Grading our understanding (19:27) – Inflation (39:03) – Government (1:00:13) – War and power (1:11:23) – Dematerializing information (1:42:45) – Digital energy and assets (1:54:23) – Oil barrel vs Bitcoin (2:03:43) – Layers of Bitcoin (2:20:53) – Bitcoin’s role during wartime (2:25:37) – Jack Dorsey (2:41:58) – Bitcoin conflict of interest (2:48:39) – Satoshi Nakamoto (2:54:04) – Volatility (3:06:30) – Bitcoin price (3:18:46) – Twitter verification (3:27:42) – Second best crypto (3:33:24) – Dogecoin (3:37:57) – Elon Musk (3:43:26) – Advice for young people (3:54:54) – Mortality (3:57:59) – Meaning of life