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"If humans get better at everything, why aren't all prices falling forever?" The answer? Your money is counterfeited and your time is being stolen at industrial scale. Episode 1 of 12 is LIVE with Knut Svanholm ∞/BIP-110 🔥 We're breaking down his legendary book "Everything Divided by 21 Million"...

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43,968 görüntüleme • 8 ay önce •via X (Twitter)

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🎙️Stop Asking Permission: Bitcoin Or Fiat Prison Ep. 99 with Knut Svanholm ∞/21M My guest today is Knut Svanholm, author, educator, and philosopher focused on Bitcoin. Drawing on ethics, praxeology, and monetary history, Knut argues that sound money reduces conflict by aligning human action with natural law and voluntary exchange. In this episode, he explains why fiat banking already functions like a CBDC system in practice, why cash preserves privacy but not liberty, and why real freedom requires self custody and non-KYC Bitcoin. We explore his critique of custodial “paper Bitcoin,” the case for non-custodial adoption over treasury companies, and his view of Bitcoin as intellectual armor that raises the cost of violence. Knut outlines a practical path away from banks, explains why stablecoins can be a bridge yet remain fiat, and why a low-time-preference culture of quality over quantity matters. ► If you got value, please like, comment, share, follow and support my work. Thank you! 00:00 - Coming Up 01:23 - Introduction to Knut 03:40 - Current Affairs: Stablecoins & CBDCs 06:55 - Cash & Fiat vs. Bitcoin 08:20 - Ethics of Money, Natural Law, First Principles 10:00 - Conflict Resolution via Violence Or Communications 13:12 - Ad Break: Trezor & BitVault 15:30 - Bitcoin as Intellectual Armor 20:30 - Knut’s Take on Bitcoin Treasury Companies 23:11 - Ad Break: Abundant Mines & Expat Money 27:39 - Mass Adoption & Future Outlook 29:46 - Transitioning to a Bitcoin-Only Reality 34:44 - The Psychological Manipulation of Obedience 39:05 - Hope & the Shawshank Redemption Metaphor 42:43 - Bitcoin as a Tool for Human Freedom & Hope 48:12 - Closing Thoughts & Acknowledgements >>
50:57

🎙️Stop Asking Permission: Bitcoin Or Fiat Prison Ep. 99 with Knut Svanholm ∞/21M My guest today is Knut Svanholm, author, educator, and philosopher focused on Bitcoin. Drawing on ethics, praxeology, and monetary history, Knut argues that sound money reduces conflict by aligning human action with natural law and voluntary exchange. In this episode, he explains why fiat banking already functions like a CBDC system in practice, why cash preserves privacy but not liberty, and why real freedom requires self custody and non-KYC Bitcoin. We explore his critique of custodial “paper Bitcoin,” the case for non-custodial adoption over treasury companies, and his view of Bitcoin as intellectual armor that raises the cost of violence. Knut outlines a practical path away from banks, explains why stablecoins can be a bridge yet remain fiat, and why a low-time-preference culture of quality over quantity matters. ► If you got value, please like, comment, share, follow and support my work. Thank you! 00:00 - Coming Up 01:23 - Introduction to Knut 03:40 - Current Affairs: Stablecoins & CBDCs 06:55 - Cash & Fiat vs. Bitcoin 08:20 - Ethics of Money, Natural Law, First Principles 10:00 - Conflict Resolution via Violence Or Communications 13:12 - Ad Break: Trezor & BitVault 15:30 - Bitcoin as Intellectual Armor 20:30 - Knut’s Take on Bitcoin Treasury Companies 23:11 - Ad Break: Abundant Mines & Expat Money 27:39 - Mass Adoption & Future Outlook 29:46 - Transitioning to a Bitcoin-Only Reality 34:44 - The Psychological Manipulation of Obedience 39:05 - Hope & the Shawshank Redemption Metaphor 42:43 - Bitcoin as a Tool for Human Freedom & Hope 48:12 - Closing Thoughts & Acknowledgements >>

Efrat Fenigson

24,568 görüntüleme • 10 ay önce

🔥WE NEED BITCOIN MORE THAN EVER - I AM STACKING MORE NOW🔥 We're down 50% from the all-time high, sentiment is the worst in recorded history, and your cousin who bought the top has stopped returning your texts. Which means it's the perfect time to remember why any of us are here in the first place. In this one I make the case that nothing which made Bitcoin necessary got fixed while you were busy staring at a red candle. The money printer is still warm. The deficit is still projected at $1.9 trillion. The starter home is still a luxury asset owned by a hedge fund. WE NEED BITCOIN MORE THAN EVER:
18:08

🔥WE NEED BITCOIN MORE THAN EVER - I AM STACKING MORE NOW🔥 We're down 50% from the all-time high, sentiment is the worst in recorded history, and your cousin who bought the top has stopped returning your texts. Which means it's the perfect time to remember why any of us are here in the first place. In this one I make the case that nothing which made Bitcoin necessary got fixed while you were busy staring at a red candle. The money printer is still warm. The deficit is still projected at $1.9 trillion. The starter home is still a luxury asset owned by a hedge fund. WE NEED BITCOIN MORE THAN EVER:

Adam Livingston

14,809 görüntüleme • 2 ay önce

I sat down with Nik Bhatia, ex-Treasury bond trader, USC professor, and author of Layered Money and The Bitcoin Age. While Bloomberg's Mike McGlone is calling Bitcoin to $10,000, Nik Bhatia says $1 million is coming sooner than anyone thinks. "The US built the global dollar system but lost control over how it works. $12-15 trillion in offshore Eurodollar claims operate outside any American regulatory authority. Stablecoins are the tool that brings it all back." He just published a paper with the Bitcoin Policy Institute and is presenting it in Washington DC this week. Full episode on New Era Finance Podcast. TIMESTAMPS: 00:00 — Why $1 Million Bitcoin is Inevitable 05:00 — The $15 Trillion Eurodollar Problem 12:00 — Stablecoins as Statecraft: His DC Paper 18:00 — The GENIUS Act Changes Everything 25:00 — Why the Fed Already Lost Control 32:00 — Bitcoin is Replacing the Treasury Bond 40:00 — Layered Money: How the System Actually Works 48:00 — Why This is the Time to Buy Bitcoin 55:00 — The Macro Reset Nobody Sees Coming
1:11:41

I sat down with Nik Bhatia, ex-Treasury bond trader, USC professor, and author of Layered Money and The Bitcoin Age. While Bloomberg's Mike McGlone is calling Bitcoin to $10,000, Nik Bhatia says $1 million is coming sooner than anyone thinks. "The US built the global dollar system but lost control over how it works. $12-15 trillion in offshore Eurodollar claims operate outside any American regulatory authority. Stablecoins are the tool that brings it all back." He just published a paper with the Bitcoin Policy Institute and is presenting it in Washington DC this week. Full episode on New Era Finance Podcast. TIMESTAMPS: 00:00 — Why $1 Million Bitcoin is Inevitable 05:00 — The $15 Trillion Eurodollar Problem 12:00 — Stablecoins as Statecraft: His DC Paper 18:00 — The GENIUS Act Changes Everything 25:00 — Why the Fed Already Lost Control 32:00 — Bitcoin is Replacing the Treasury Bond 40:00 — Layered Money: How the System Actually Works 48:00 — Why This is the Time to Buy Bitcoin 55:00 — The Macro Reset Nobody Sees Coming

Michaël van de Poppe

45,404 görüntüleme • 3 ay önce

"I haven't sold a single sat." Michael Saylor (Michael Saylor) is Executive Chairman of Strategy, the largest corporate holder of Bitcoin on earth. While crypto twitter blamed him for the correction over a 32-coin sale, he sat down with me in Prague and explained why Bitcoin is really lagging and why it has almost nothing to do with Bitcoin. "We bought 175,000 Bitcoin this year, which is like 20% of all the Bitcoin ever bought. We sold 32. 32 works out to be two basis points." We cover: - Why Bitcoin is lagging while the S&P prints all-time highs, the "massive AI black hole" pulling capital out of crypto - Why he thinks the money rotates back by Q4 - The 32-BTC sale, the scapegoat dynamic, and why he hasn't sold a sat of his own - Why a 50% drawdown is normal, the 2022 one was 75% - The Apple and Amazon adoption curve, and the "Warren Buffett moment" he says is still coming - What actually happens to Strategy if Bitcoin stalls for 40 years - Why he believes being irrelevant is the only thing worse than being hated Thanks to Michael for coming on New Era Finance Podcast. Highlights: 00:00 - Intro 00:25 - Bitcoin Is Now Digital Capital 03:30 - Digital Credit, Invented In 12 Months 07:40 - Why Bitcoin Is Lagging The Market 12:15 - The Apple & Amazon Comparison 18:30 - Did Saylor Sell His Bitcoin? 21:00 - We Bought 175,000. We Sold 32. 25:00 - Defending The Credit & The Equity 29:30 - What If Bitcoin Stalls For 40 Years? 33:00 - The Warren Buffett Moment Is Coming 37:00 - Being Hated vs Being Irrelevant
40:09

"I haven't sold a single sat." Michael Saylor (Michael Saylor) is Executive Chairman of Strategy, the largest corporate holder of Bitcoin on earth. While crypto twitter blamed him for the correction over a 32-coin sale, he sat down with me in Prague and explained why Bitcoin is really lagging and why it has almost nothing to do with Bitcoin. "We bought 175,000 Bitcoin this year, which is like 20% of all the Bitcoin ever bought. We sold 32. 32 works out to be two basis points." We cover: - Why Bitcoin is lagging while the S&P prints all-time highs, the "massive AI black hole" pulling capital out of crypto - Why he thinks the money rotates back by Q4 - The 32-BTC sale, the scapegoat dynamic, and why he hasn't sold a sat of his own - Why a 50% drawdown is normal, the 2022 one was 75% - The Apple and Amazon adoption curve, and the "Warren Buffett moment" he says is still coming - What actually happens to Strategy if Bitcoin stalls for 40 years - Why he believes being irrelevant is the only thing worse than being hated Thanks to Michael for coming on New Era Finance Podcast. Highlights: 00:00 - Intro 00:25 - Bitcoin Is Now Digital Capital 03:30 - Digital Credit, Invented In 12 Months 07:40 - Why Bitcoin Is Lagging The Market 12:15 - The Apple & Amazon Comparison 18:30 - Did Saylor Sell His Bitcoin? 21:00 - We Bought 175,000. We Sold 32. 25:00 - Defending The Credit & The Equity 29:30 - What If Bitcoin Stalls For 40 Years? 33:00 - The Warren Buffett Moment Is Coming 37:00 - Being Hated vs Being Irrelevant

Michaël van de Poppe

504,584 görüntüleme • 1 ay önce

🚨 BREAKING: TRADITIONAL FINANCE IS DEAD AND BITCOIN KILLED IT🚨 Traditional Finance is finished. Banks will COLLAPSE. Economists are wrong again. Hedge funds are screaming into pillows. Your local finance guy is pretending everything is stable while he price checks Pop-Tarts at Target. This video breaks down exactly how Bitcoin killed the entire legacy system with less effort than it takes to fill out a KYC form. If you want a clear explanation of how the old system died and why Bitcoin is replacing it, this is your video. You will laugh. You will cry. You will question why you ever listened to anyone on CNBC. You will understand the future. This is financial education for people who are done being lied to by TradFi clowns who cannot manage a checking account without a bailout:
24:20

🚨 BREAKING: TRADITIONAL FINANCE IS DEAD AND BITCOIN KILLED IT🚨 Traditional Finance is finished. Banks will COLLAPSE. Economists are wrong again. Hedge funds are screaming into pillows. Your local finance guy is pretending everything is stable while he price checks Pop-Tarts at Target. This video breaks down exactly how Bitcoin killed the entire legacy system with less effort than it takes to fill out a KYC form. If you want a clear explanation of how the old system died and why Bitcoin is replacing it, this is your video. You will laugh. You will cry. You will question why you ever listened to anyone on CNBC. You will understand the future. This is financial education for people who are done being lied to by TradFi clowns who cannot manage a checking account without a bailout:

Adam Livingston

25,156 görüntüleme • 8 ay önce

I sat down with Arno Wellens to understand why the Netherlands just approved a 36% tax on Bitcoin, before you even sell. A new episode of New Era Finance Podcast is live: In my conversation with Arno Wellens, we go deep into: – why the Netherlands is taxing unrealized gains at 36% on stocks and #Bitcoin. – "your marginal income tax rate in the Netherlands is 80%" – why the smartest people are fleeing Europe – how money printing created the bubble that governments now want to tax – why CBDCs and the war on stablecoins are part of the same trap – the crisis governments need to justify all of this Europe's tax experiment is just getting started. Your country could be next. Thanks to our sponsor, OKX Dutch! Get up to 20% in cashback with the OKX Card until February 28th here:
0:51

I sat down with Arno Wellens to understand why the Netherlands just approved a 36% tax on Bitcoin, before you even sell. A new episode of New Era Finance Podcast is live: In my conversation with Arno Wellens, we go deep into: – why the Netherlands is taxing unrealized gains at 36% on stocks and #Bitcoin. – "your marginal income tax rate in the Netherlands is 80%" – why the smartest people are fleeing Europe – how money printing created the bubble that governments now want to tax – why CBDCs and the war on stablecoins are part of the same trap – the crisis governments need to justify all of this Europe's tax experiment is just getting started. Your country could be next. Thanks to our sponsor, OKX Dutch! Get up to 20% in cashback with the OKX Card until February 28th here:

Michaël van de Poppe

80,883 görüntüleme • 6 ay önce

With the UK generating more electricity from renewable sources than ever before, why aren't we feeling the benefits in our bills? The answer is more complicated than you might think, and it all comes down to how energy prices are set in the UK. You can catch up with the latest episode of What You Need To Know on ITVX, YouTube or on your favourite podcast platform.
1:33

With the UK generating more electricity from renewable sources than ever before, why aren't we feeling the benefits in our bills? The answer is more complicated than you might think, and it all comes down to how energy prices are set in the UK. You can catch up with the latest episode of What You Need To Know on ITVX, YouTube or on your favourite podcast platform.

ITV News

20,041 görüntüleme • 2 ay önce

The Bitcoin Mortgage Hack That Changes Everything - CJK 00:00 Why Bitcoin Mortgages Could Change Everything 02:42 Why Bitcoin Mortgages Are Going Mainstream 03:23 People's Reserve vs Coinbase's Bitcoin Mortgage 05:01 Why Bitcoin Is "Pristine Collateral" 08:08 How the Self-Repaying Mortgage Works 11:08 What Happens if Bitcoin Crashes? 14:07 The Bitcoin Mortgage Reserve Explained 17:22 Mortgage Payment Examples 18:38 Loyalty Program and Lower Interest Rates 24:26 Why Non-Bitcoiners Are Starting to Buy Bitcoin 31:40 Refinancing Your Existing Home Into Bitcoin 36:45 Why Mortgage Rates Aren't Coming Down 40:10 The Next Wave of Bitcoin Adoption 43:20 Business Credit Powered by Bitcoin 49:10 Why Bitcoin Bonds Could Replace Traditional Finance 55:00 Principal-Protected Bitcoin Bonds Explained 58:35 Why Bitcoin Bonds Beat Traditional Fixed Income 1:02:30 Retirement Income With Bitcoin Bonds 1:08:12 Is There a Limit to Bitcoin Bond Demand? 1:10:50 Bitcoin Bonds vs Strategy's STRC 1:12:50 People's Reserve's Long-Term Roadmap 1:19:20 Final Thoughts and Where to Learn More
1:20:01

The Bitcoin Mortgage Hack That Changes Everything - CJK 00:00 Why Bitcoin Mortgages Could Change Everything 02:42 Why Bitcoin Mortgages Are Going Mainstream 03:23 People's Reserve vs Coinbase's Bitcoin Mortgage 05:01 Why Bitcoin Is "Pristine Collateral" 08:08 How the Self-Repaying Mortgage Works 11:08 What Happens if Bitcoin Crashes? 14:07 The Bitcoin Mortgage Reserve Explained 17:22 Mortgage Payment Examples 18:38 Loyalty Program and Lower Interest Rates 24:26 Why Non-Bitcoiners Are Starting to Buy Bitcoin 31:40 Refinancing Your Existing Home Into Bitcoin 36:45 Why Mortgage Rates Aren't Coming Down 40:10 The Next Wave of Bitcoin Adoption 43:20 Business Credit Powered by Bitcoin 49:10 Why Bitcoin Bonds Could Replace Traditional Finance 55:00 Principal-Protected Bitcoin Bonds Explained 58:35 Why Bitcoin Bonds Beat Traditional Fixed Income 1:02:30 Retirement Income With Bitcoin Bonds 1:08:12 Is There a Limit to Bitcoin Bond Demand? 1:10:50 Bitcoin Bonds vs Strategy's STRC 1:12:50 People's Reserve's Long-Term Roadmap 1:19:20 Final Thoughts and Where to Learn More

The Wolf Of All Streets

215,837 görüntüleme • 1 ay önce

In this live presentation at the "Inside Bittensor" event by DSV Fund, Siam opens up the day with a fascinating insight into the evolution of money and networks. He shares: 💶 Why money is crystallised work energy. 🕸️Why most things we use are by-products of defence networks. 🪙How Bitcoin is revolutionising energy storage and transfer. 🤖Why AI is progressing MUCH faster than people think. 🌎Why Bittensor is the 3rd great global network that might transform AI. ⚡️Why the independent AI start ups in the Bittensor ecosystem can move much faster than centralised AI labs. 🚀Why Bittensor is mimicking the growth of Bitcoin, but faster...
59:26

In this live presentation at the "Inside Bittensor" event by DSV Fund, Siam opens up the day with a fascinating insight into the evolution of money and networks. He shares: 💶 Why money is crystallised work energy. 🕸️Why most things we use are by-products of defence networks. 🪙How Bitcoin is revolutionising energy storage and transfer. 🤖Why AI is progressing MUCH faster than people think. 🌎Why Bittensor is the 3rd great global network that might transform AI. ⚡️Why the independent AI start ups in the Bittensor ecosystem can move much faster than centralised AI labs. 🚀Why Bittensor is mimicking the growth of Bitcoin, but faster...

siamkidd

24,855 görüntüleme • 1 ay önce

Matthew Kratter of Bitcoin University gives one of the best talks on Bitcoin: "If self sovereign adoption took us from zero dollars a coin to sixty nine thousand dollars a coin, all of those flows from BlackRock and the Trumps and Saylor and everything has has only taken us a few ten thousand dollars higher than at this moment." "Instead of looking to the government or Saylor or BlackRock or someone else as our saviors, if you want the price of Bitcoin to go up, you just need to use it as money yourself. You need to because if Bitcoiners aren't going to use Bitcoin as money, I'm not sure who is." "Ask to pay in Bitcoin, ask to be paid to be paid in Bitcoin, because this is how real Bitcoin adoption works. You should be HODLing your sats, trying to get rid of US dollars, whatever your fiat currency is, because this is the money of pedophile rings and forever wars. Don't hold US dollars. And that's the that's the fastest way we get to higher Bitcoin prices is we need to destroy US dollar network effects. And we need to increase Bitcoin network effects. And the way you do that is every Bitcoiner runs a node, gets paid in Bitcoin and tries to buy as much as possible using using Bitcoin."
4:33

Matthew Kratter of Bitcoin University gives one of the best talks on Bitcoin: "If self sovereign adoption took us from zero dollars a coin to sixty nine thousand dollars a coin, all of those flows from BlackRock and the Trumps and Saylor and everything has has only taken us a few ten thousand dollars higher than at this moment." "Instead of looking to the government or Saylor or BlackRock or someone else as our saviors, if you want the price of Bitcoin to go up, you just need to use it as money yourself. You need to because if Bitcoiners aren't going to use Bitcoin as money, I'm not sure who is." "Ask to pay in Bitcoin, ask to be paid to be paid in Bitcoin, because this is how real Bitcoin adoption works. You should be HODLing your sats, trying to get rid of US dollars, whatever your fiat currency is, because this is the money of pedophile rings and forever wars. Don't hold US dollars. And that's the that's the fastest way we get to higher Bitcoin prices is we need to destroy US dollar network effects. And we need to increase Bitcoin network effects. And the way you do that is every Bitcoiner runs a node, gets paid in Bitcoin and tries to buy as much as possible using using Bitcoin."

Simply Bitcoin

58,954 görüntüleme • 2 ay önce

Rubio: There is no more important obligation of any government than the ability to protect your own people and your own nation. This is why, by the way, we talk about the importance of our partners having capabilities in NATO. Every time we say this, people, you know, they go crazy. They think, oh, that means you're going to abandon NATO, you're going to abandon your allies. I think the point we're making is that the stronger our allies are, the stronger we are collectively.
0:25

Rubio: There is no more important obligation of any government than the ability to protect your own people and your own nation. This is why, by the way, we talk about the importance of our partners having capabilities in NATO. Every time we say this, people, you know, they go crazy. They think, oh, that means you're going to abandon NATO, you're going to abandon your allies. I think the point we're making is that the stronger our allies are, the stronger we are collectively.

Clash Report

76,603 görüntüleme • 6 ay önce

🚨BREAKING: WHAT TRUMP'S VENEZUELAN OIL WAR MEANS FOR BITCOIN!🚨 The world just changed. In this video, I break down how the U.S. seizure of Venezuela’s $17 trillion oil reserves is the beginning of the Petro-Bitcoin era. 💥 Why Venezuela’s oil matters more than ever 💥 How Trump’s strike re-collateralizes the dollar 💥 The real reason behind the Strategic Bitcoin Reserve 💥 Why U.S.-backed Bitcoin mining is about to explode 💥 What this means for global capital, scarcity, and empire This isn’t a drill. The energy playbook is being rewritten. The monetary future is being programmed in real time. And Bitcoin just moved from outsider asset... to SOVEREIGN WAR CHEST.
21:07

🚨BREAKING: WHAT TRUMP'S VENEZUELAN OIL WAR MEANS FOR BITCOIN!🚨 The world just changed. In this video, I break down how the U.S. seizure of Venezuela’s $17 trillion oil reserves is the beginning of the Petro-Bitcoin era. 💥 Why Venezuela’s oil matters more than ever 💥 How Trump’s strike re-collateralizes the dollar 💥 The real reason behind the Strategic Bitcoin Reserve 💥 Why U.S.-backed Bitcoin mining is about to explode 💥 What this means for global capital, scarcity, and empire This isn’t a drill. The energy playbook is being rewritten. The monetary future is being programmed in real time. And Bitcoin just moved from outsider asset... to SOVEREIGN WAR CHEST.

Adam Livingston

66,984 görüntüleme • 7 ay önce

🚨 Bitcoin Holders, This Changes EVERYTHING! This was a really Deep conversation with Preston Pysh Quantum computing is advancing FAST – could it break Bitcoin? Microsoft’s Majorana One breakthrough might be the biggest threat yet. Preston Pysh joins us to break it all down + why Bitcoin Bonds could reshape finance forever. We dove into: - Why Bitcoin’s Future is at Risk – The biggest challenge no one is talking about. - The Fed vs. Bitcoin – How the financial system is shifting before our eyes. - The Big Print is Already Happening – Why fiat is doomed and Bitcoin is the exit. - DOGE (Dept. of Gov. Efficiency) – Will government spending finally be reined in? - How to Protect Your Bitcoin – Steps to stay ahead of quantum risks and economic chaos. Out Friday 5:05am AEST on YT 🤝 Gday Bitcoin Thanks for the huge signal and the many laughs Preston, this was so insightful and epic fun.
1:05

🚨 Bitcoin Holders, This Changes EVERYTHING! This was a really Deep conversation with Preston Pysh Quantum computing is advancing FAST – could it break Bitcoin? Microsoft’s Majorana One breakthrough might be the biggest threat yet. Preston Pysh joins us to break it all down + why Bitcoin Bonds could reshape finance forever. We dove into: - Why Bitcoin’s Future is at Risk – The biggest challenge no one is talking about. - The Fed vs. Bitcoin – How the financial system is shifting before our eyes. - The Big Print is Already Happening – Why fiat is doomed and Bitcoin is the exit. - DOGE (Dept. of Gov. Efficiency) – Will government spending finally be reined in? - How to Protect Your Bitcoin – Steps to stay ahead of quantum risks and economic chaos. Out Friday 5:05am AEST on YT 🤝 Gday Bitcoin Thanks for the huge signal and the many laughs Preston, this was so insightful and epic fun.

Sean Clarke

17,597 görüntüleme • 1 yıl önce

The Blueprint for a New Financial System Michael Saylor, founder and Executive Chairman of MicroStrategy, returns to explain how Bitcoin is transforming global capital markets and redefining the future of wealth creation. Drawing from his background in science and engineering, Saylor breaks down how Bitcoin’s architecture merges technology, economics, and mathematics to create the first truly engineered form of sound money — one that’s reshaping corporate finance, investment strategy, and even national policy. In this conversation, we explore why legacy finance is structurally unsustainable, how overcollateralized digital credit could replace sovereign debt, and why Bitcoin’s “refinery model” may ignite a new era of capital efficiency. Saylor details the evolution from digital gold to digital credit, how MicroStrategy’s innovations are setting the blueprint for Bitcoin-backed balance sheets, and why governments, banks, and investors will ultimately be forced to adopt Bitcoin as the foundation of a new global financial system. Timestamps: 0:00 – Why Bitcoin Is Inevitable 4:12 – How Technology Turned Energy Into Capital 8:27 – Why 99% of Companies Are Locked Out of Capital Markets 12:38 – The “Kerosene” Metaphor: Refining Bitcoin Into Yield Instruments 18:21 – Designing Digital Credit: How It Actually Works 32:55 – How Bitcoin Becomes the Base Layer for Digital Credit 48:12 – Rebuilding Legacy Finance on Bitcoin Infrastructure 56:09 – Turning USD Yield Into Bitcoin Yield 1:12:24 – Why Bitcoin’s Refinery Model Could Spark a New Industrial Revolution 1:24:10 – How Digital Credit Will Outperform Traditional Bonds 1:38:52 – Why Governments and Corporations Will Be Forced to Adopt Bitcoin 1:52:40 – Adapting to Change — Why Relevance Is Earned Daily Note: This interview was recorded with Mark Moss on September 30, 2025, before $STRC, $STRK, $STRD, and $STRF began trading on Robinhood.
1:56:05

The Blueprint for a New Financial System Michael Saylor, founder and Executive Chairman of MicroStrategy, returns to explain how Bitcoin is transforming global capital markets and redefining the future of wealth creation. Drawing from his background in science and engineering, Saylor breaks down how Bitcoin’s architecture merges technology, economics, and mathematics to create the first truly engineered form of sound money — one that’s reshaping corporate finance, investment strategy, and even national policy. In this conversation, we explore why legacy finance is structurally unsustainable, how overcollateralized digital credit could replace sovereign debt, and why Bitcoin’s “refinery model” may ignite a new era of capital efficiency. Saylor details the evolution from digital gold to digital credit, how MicroStrategy’s innovations are setting the blueprint for Bitcoin-backed balance sheets, and why governments, banks, and investors will ultimately be forced to adopt Bitcoin as the foundation of a new global financial system. Timestamps: 0:00 – Why Bitcoin Is Inevitable 4:12 – How Technology Turned Energy Into Capital 8:27 – Why 99% of Companies Are Locked Out of Capital Markets 12:38 – The “Kerosene” Metaphor: Refining Bitcoin Into Yield Instruments 18:21 – Designing Digital Credit: How It Actually Works 32:55 – How Bitcoin Becomes the Base Layer for Digital Credit 48:12 – Rebuilding Legacy Finance on Bitcoin Infrastructure 56:09 – Turning USD Yield Into Bitcoin Yield 1:12:24 – Why Bitcoin’s Refinery Model Could Spark a New Industrial Revolution 1:24:10 – How Digital Credit Will Outperform Traditional Bonds 1:38:52 – Why Governments and Corporations Will Be Forced to Adopt Bitcoin 1:52:40 – Adapting to Change — Why Relevance Is Earned Daily Note: This interview was recorded with Mark Moss on September 30, 2025, before $STRC, $STRK, $STRD, and $STRF began trading on Robinhood.

Michael Saylor

470,636 görüntüleme • 10 ay önce

Most people think they are waiting for the "right time" to leave the system... ... but the reality is much tougher: You are institutionalized! Yep, think about it! You have become comfortable in a world that is destroying your values, taxes you to death, and demands THAT you ask for permission to do everything, even to exit the system itself. Knut Svanholm ∞/21M came to the studio fresh from a private dinner with President Nayib Bukele to deliver a hard truth: The door is unlocked, but you just refuse to walk through it. So, ask yourself, why? Like the inmates in Shawshank, you’ve fallen in love with your own cage. Knut calls this the "Shawshank" effect. You hate the walls at first, then you get used to them. Eventually, you depend on them. It is about the scary but simple realization that changes everything: "You can just do things." We didn't start Bitcoin Beach when the government made Bitcoin legal tender, we did it much earlier. We just did it! To actually unplug, it’s not enough to just buy and hold Bitcoin. Sure, that's a great first step, but it’s the willingness to look at your comfy and cozy Western life, be based and honest with yourself, and "pick up a spoon to start digging your way out." If you are tired of waiting for the "right time" to start living on your own terms, you need to hear this. (Link below 👇) Be honest: What is one big move you’ve been putting off because you’re waiting for "permission"?
0:38

Most people think they are waiting for the "right time" to leave the system... ... but the reality is much tougher: You are institutionalized! Yep, think about it! You have become comfortable in a world that is destroying your values, taxes you to death, and demands THAT you ask for permission to do everything, even to exit the system itself. Knut Svanholm ∞/21M came to the studio fresh from a private dinner with President Nayib Bukele to deliver a hard truth: The door is unlocked, but you just refuse to walk through it. So, ask yourself, why? Like the inmates in Shawshank, you’ve fallen in love with your own cage. Knut calls this the "Shawshank" effect. You hate the walls at first, then you get used to them. Eventually, you depend on them. It is about the scary but simple realization that changes everything: "You can just do things." We didn't start Bitcoin Beach when the government made Bitcoin legal tender, we did it much earlier. We just did it! To actually unplug, it’s not enough to just buy and hold Bitcoin. Sure, that's a great first step, but it’s the willingness to look at your comfy and cozy Western life, be based and honest with yourself, and "pick up a spoon to start digging your way out." If you are tired of waiting for the "right time" to start living on your own terms, you need to hear this. (Link below 👇) Be honest: What is one big move you’ve been putting off because you’re waiting for "permission"?

Bitcoin Beach

36,882 görüntüleme • 7 ay önce

🔥 INSIGHT: Crypto executives have been lying to you. Bitcoin probably isn't going to $1 million by 2030. In the latest episode of Trade Secrets, Ciaran Lyons sits down with Markus Thielen (Markus Thielen) of 10x Research (10x Research) to unpack why the $1M Bitcoin prediction may be more hype than reality. "It's mathematically impossible," Thielen says. So why do crypto execs keep pushing it anyway? #TRADESECRETS 00:00 — Intro 01:00 — What Bitcoin metric are you most bullish on? 04:35 — Positive signs Bitcoin is making a low 08:45 — Will Bitcoin reach a new all-time high in 2027? 10:23 — Why Bitcoin returning to $100K would be a 'big achievement' 13:23 — Why Bitcoin mining is becoming less lucrative 17:28 — Has Strategy's sell-off added to Bitcoin market fear? 22:10 — Why $1 billion isn't enough to move Bitcoin's price higher 26:05 — How should you split $10K between Bitcoin, AI and gold? 30:00 — Is Bitcoin reaching $1 million by 2030 realistic? 34:00 — Why are crypto execs pushing the $1M Bitcoin prediction? 37:00 — Why Satoshis don't sound as good to investors as Bitcoin 42:00 — What will the next altcoin season look like?
45:47

🔥 INSIGHT: Crypto executives have been lying to you. Bitcoin probably isn't going to $1 million by 2030. In the latest episode of Trade Secrets, Ciaran Lyons sits down with Markus Thielen (Markus Thielen) of 10x Research (10x Research) to unpack why the $1M Bitcoin prediction may be more hype than reality. "It's mathematically impossible," Thielen says. So why do crypto execs keep pushing it anyway? #TRADESECRETS 00:00 — Intro 01:00 — What Bitcoin metric are you most bullish on? 04:35 — Positive signs Bitcoin is making a low 08:45 — Will Bitcoin reach a new all-time high in 2027? 10:23 — Why Bitcoin returning to $100K would be a 'big achievement' 13:23 — Why Bitcoin mining is becoming less lucrative 17:28 — Has Strategy's sell-off added to Bitcoin market fear? 22:10 — Why $1 billion isn't enough to move Bitcoin's price higher 26:05 — How should you split $10K between Bitcoin, AI and gold? 30:00 — Is Bitcoin reaching $1 million by 2030 realistic? 34:00 — Why are crypto execs pushing the $1M Bitcoin prediction? 37:00 — Why Satoshis don't sound as good to investors as Bitcoin 42:00 — What will the next altcoin season look like?

Cointelegraph

102,232 görüntüleme • 5 gün önce

🚨 Chapter 2 is now live 🚨 We can’t believe it’s time for Chapter 2! We’ve been building with you for more than two years and everything we have learned together along the way made this launch possible. Chapter 2 is all about making Pixels more fun to play while introducing new systems for the game’s sustainability. The game might look familiar at first, but when you peel back the layers you’ll discover a whole new game. Chapter 2 is all about progression! Not only is the game more fun but there is a lot more to do in between levels to make the game your own. Pixels is already the biggest Web3 gaming company, now it is time to scale to become the biggest gaming company. Here’s to the next chapter, the next 10 million players, and to you!
1:12

🚨 Chapter 2 is now live 🚨 We can’t believe it’s time for Chapter 2! We’ve been building with you for more than two years and everything we have learned together along the way made this launch possible. Chapter 2 is all about making Pixels more fun to play while introducing new systems for the game’s sustainability. The game might look familiar at first, but when you peel back the layers you’ll discover a whole new game. Chapter 2 is all about progression! Not only is the game more fun but there is a lot more to do in between levels to make the game your own. Pixels is already the biggest Web3 gaming company, now it is time to scale to become the biggest gaming company. Here’s to the next chapter, the next 10 million players, and to you!

Pixels

1,435,072 görüntüleme • 2 yıl önce

I sat down with Raoul Pal to understand why #Bitcoin should already be at $160,000 and what’s coming in 2026. A new episode of New Era Finance Podcast is live: In my conversation with Raoul Pal, we go deep into: – why Bitcoin is trading at a 40% discount to fair value – what really happened on October 10th – why 2026 growth is about to "explode" (his words) – $ETH as the Microsoft of #Crypto – how AI is changing everything about investing A must-watch for any investor. Thanks to our sponsor, OKX Dutch!
0:40

I sat down with Raoul Pal to understand why #Bitcoin should already be at $160,000 and what’s coming in 2026. A new episode of New Era Finance Podcast is live: In my conversation with Raoul Pal, we go deep into: – why Bitcoin is trading at a 40% discount to fair value – what really happened on October 10th – why 2026 growth is about to "explode" (his words) – $ETH as the Microsoft of #Crypto – how AI is changing everything about investing A must-watch for any investor. Thanks to our sponsor, OKX Dutch!

Michaël van de Poppe

150,435 görüntüleme • 7 ay önce

Making Sense Of Strategy What is happening with $MSTR? If you’ve been following me on X for any meaningful length of time, you will know that I have been attempting to calibrate people’s expectations of the stock's performance for the best part of 2025. Here I have synthesised all of my thoughts and distilled them into a single video. If you prefer YouTube, you can watch it here: If you prefer written format, continue reading. The first thing we need to understand is what Strategy is and why people invest in it. Strategy At the highest level, Strategy is leveraged Bitcoin. That’s it. Strategy leverages debt to acquire more Bitcoin. Therefore, the main reason you invest in Strategy is because you want to outperform Bitcoin. The only thing better than Bitcoin is more Bitcoin. The second thing we need to understand is mNAV. mNAV Generally speaking for a pure-play Bitcoin Treasury Company like Strategy, mNAV is a reflection of the market's expectation of future Bitcoin Yield. Bitcoin Yield comes with diminishing returns because each additional Bitcoin purchase contributes less to Bitcoin Per Share. Thus, the larger your Bitcoin stack, the harder it becomes to generate Bitcoin Yield and by extension the harder it becomes to outperform Bitcoin. This is why on a Bitcoin Standard, over a long enough time horizon, mNAV trends towards 1 since the maximum amount of Bitcoin you can own is 21M. With all this in mind, why is Strategy trading where it is and why is it trading at such a low mNAV? There are a few reasons. 1. Strategy Is A Different Company In 2025 Firstly, Strategy is a totally different company in 2025 to the one it was in 2020. For context, believe it or not, the company only introduced Bitcoin Yield and Bitcoin Per Share in the July 2024 Q2 Earnings Call and so it was only after that that they began optimising for those metrics. In my view, that is also when Michael Saylor truly started to understand the opportunity that was in front of him, which is why in October 2024 we saw Strategy announce the 21/21 plan which became the catalyst for the parabolic run we saw in November 2024 where $MSTR went on to briefly hit an all-time-high of around $550. Since people are comparing $MSTR this cycle to the $MSTR of last cycle when it briefly traded at an mNAV of over 8x, it is distorting their expectations. Again, Strategy is a totally different company today with a totally different set of dynamics. 2. New Industry Secondly, we need to recognise that the Bitcoin Treasury Company industry is entirely new which means that the market has been forced to learn and adapt in real-time. With Strategy being the first and by far the largest Bitcoin Treasury Company, it has gained a disproportionate amount of attention and as a result it has attracted a disproportionate amount of speculative capital along the way while everyone has been trying to figure out how to value it. Consequently, in my view, the move we saw in November 2024 was an over-correction to the upside — which by the way coincided with Bitcoin’s parabolic run following Donald Trump’s election win — and what we’re now seeing is an over-correction to the downside. 3. Bitcoin Yield Thirdly, as I mentioned at the beginning, Bitcoin Treasury Companies are currently valued based on how much Bitcoin Yield they are expected to generate in the future. At the time of recording, Strategy currently holds precisely 637,460 Bitcoin — that’s over 3% of the total Bitcoin supply — which means that it is much, much harder to generate meaningful Bitcoin Yield, which again is why we’re seeing the mNAV compress. However, there is a caveat here. There is another metric that Strategy have introduced which is Bitcoin $ Gain. Bitcoin $ Gain is defined as the $ value of newly acquired Bitcoin within any period. Strategy — and I don’t blame them — have been attempting to encourage the market to interpret Bitcoin $ Gain as “earnings” and to value the company based on how much earnings it is expected to generate in the future. For full disclosure, I personally dislike Bitcoin $ Gain as a valuation metric. I think framing it as “earnings” is misleading and disingenuous. I understand why it has been introduced because it speaks the language of Wall Street. However, traditional earnings are final. Bitcoin $ Gain is not because it is forever subject to the price of Bitcoin. Therefore, for Bitcoin $ Gain to be embraced by Wall Street, the market must collectively agree that Bitcoin is going up forever. I remain very sceptical of that happening — especially in the short-to-medium term. However, I am also not attached to my beliefs and so if Wall Street does decide to embrace Bitcoin $ Gain as its primary valuation metric, then $MSTR is likely undervalued by a factor of 5-10x. If not, then $MSTR is likely undervalued by a factor of 1-2x. If you’re not content with the latter being the worst case scenario, then the stock probably isn’t for you. 4. Preferred Products Fourthly, the Strategy thesis right now revolves entirely around the success of its preferred products. Remember, Michael Saylor wants Strategy to become the Amazon of the fixed income market. Thus, we’re not talking about a small innovation here — we are talking about completely transforming global finance. This means that the process of generating awareness and educating the market that will ultimately drive demand for these products is going to take years — not months — which is why you need to have a long time-horizon. Presently, the market is completely discounting the success of Strategy’s preferred products. What it’s not factoring in however is that the capital markets are desperate for yield right now. Thus, when — not if — but when, they eventually wake up to Bitcoin, how do you think they’re going to get that yield? Who is going to be the entity that is offering Bitcoin-backed credit instruments at scale? The answer is obviously Strategy, but again, this is a 5-to-10 year and beyond story. So with all that said, if you’re reading this right now, what should you do? Valuing Strategy There are 3 steps you need to take: 1. Firstly, you need to define your time horizon. In other words, how long do you intend on holding the stock for? 2. Secondly, you need to estimate either — depending on your preferred metric — how much Bitcoin Yield or how much Bitcoin $ Gain you expect Strategy to generate during that period and then calculate how much you expect $MSTR to outperform Bitcoin based on those values. 3. Thirdly, ask yourself whether you’d be satisfied with the level of outperformance you have calculated? In other words, is the trade-off worth it? Or would you be better off investing in either spot Bitcoin, an alternative Bitcoin Treasury Company or a Bitcoin ETF. If you’re satisfied with the level of outperformance that you’ve calculated, then $MSTR it probably a good choice of investment for you. If you're not satisfied, then $MSTR is probably a bad choice of investment for you. I personally believe that $MSTR will outperform Bitcoin by a minimum factor of 1-2x over the next 5/10 years and potentially much more if Bitcoin $ Gain becomes the primary metric by which it is valued, but again, I remain sceptical of that happening. Regardless, the best is yet to come.
11:54

Making Sense Of Strategy What is happening with $MSTR? If you’ve been following me on X for any meaningful length of time, you will know that I have been attempting to calibrate people’s expectations of the stock's performance for the best part of 2025. Here I have synthesised all of my thoughts and distilled them into a single video. If you prefer YouTube, you can watch it here: If you prefer written format, continue reading. The first thing we need to understand is what Strategy is and why people invest in it. Strategy At the highest level, Strategy is leveraged Bitcoin. That’s it. Strategy leverages debt to acquire more Bitcoin. Therefore, the main reason you invest in Strategy is because you want to outperform Bitcoin. The only thing better than Bitcoin is more Bitcoin. The second thing we need to understand is mNAV. mNAV Generally speaking for a pure-play Bitcoin Treasury Company like Strategy, mNAV is a reflection of the market's expectation of future Bitcoin Yield. Bitcoin Yield comes with diminishing returns because each additional Bitcoin purchase contributes less to Bitcoin Per Share. Thus, the larger your Bitcoin stack, the harder it becomes to generate Bitcoin Yield and by extension the harder it becomes to outperform Bitcoin. This is why on a Bitcoin Standard, over a long enough time horizon, mNAV trends towards 1 since the maximum amount of Bitcoin you can own is 21M. With all this in mind, why is Strategy trading where it is and why is it trading at such a low mNAV? There are a few reasons. 1. Strategy Is A Different Company In 2025 Firstly, Strategy is a totally different company in 2025 to the one it was in 2020. For context, believe it or not, the company only introduced Bitcoin Yield and Bitcoin Per Share in the July 2024 Q2 Earnings Call and so it was only after that that they began optimising for those metrics. In my view, that is also when Michael Saylor truly started to understand the opportunity that was in front of him, which is why in October 2024 we saw Strategy announce the 21/21 plan which became the catalyst for the parabolic run we saw in November 2024 where $MSTR went on to briefly hit an all-time-high of around $550. Since people are comparing $MSTR this cycle to the $MSTR of last cycle when it briefly traded at an mNAV of over 8x, it is distorting their expectations. Again, Strategy is a totally different company today with a totally different set of dynamics. 2. New Industry Secondly, we need to recognise that the Bitcoin Treasury Company industry is entirely new which means that the market has been forced to learn and adapt in real-time. With Strategy being the first and by far the largest Bitcoin Treasury Company, it has gained a disproportionate amount of attention and as a result it has attracted a disproportionate amount of speculative capital along the way while everyone has been trying to figure out how to value it. Consequently, in my view, the move we saw in November 2024 was an over-correction to the upside — which by the way coincided with Bitcoin’s parabolic run following Donald Trump’s election win — and what we’re now seeing is an over-correction to the downside. 3. Bitcoin Yield Thirdly, as I mentioned at the beginning, Bitcoin Treasury Companies are currently valued based on how much Bitcoin Yield they are expected to generate in the future. At the time of recording, Strategy currently holds precisely 637,460 Bitcoin — that’s over 3% of the total Bitcoin supply — which means that it is much, much harder to generate meaningful Bitcoin Yield, which again is why we’re seeing the mNAV compress. However, there is a caveat here. There is another metric that Strategy have introduced which is Bitcoin $ Gain. Bitcoin $ Gain is defined as the $ value of newly acquired Bitcoin within any period. Strategy — and I don’t blame them — have been attempting to encourage the market to interpret Bitcoin $ Gain as “earnings” and to value the company based on how much earnings it is expected to generate in the future. For full disclosure, I personally dislike Bitcoin $ Gain as a valuation metric. I think framing it as “earnings” is misleading and disingenuous. I understand why it has been introduced because it speaks the language of Wall Street. However, traditional earnings are final. Bitcoin $ Gain is not because it is forever subject to the price of Bitcoin. Therefore, for Bitcoin $ Gain to be embraced by Wall Street, the market must collectively agree that Bitcoin is going up forever. I remain very sceptical of that happening — especially in the short-to-medium term. However, I am also not attached to my beliefs and so if Wall Street does decide to embrace Bitcoin $ Gain as its primary valuation metric, then $MSTR is likely undervalued by a factor of 5-10x. If not, then $MSTR is likely undervalued by a factor of 1-2x. If you’re not content with the latter being the worst case scenario, then the stock probably isn’t for you. 4. Preferred Products Fourthly, the Strategy thesis right now revolves entirely around the success of its preferred products. Remember, Michael Saylor wants Strategy to become the Amazon of the fixed income market. Thus, we’re not talking about a small innovation here — we are talking about completely transforming global finance. This means that the process of generating awareness and educating the market that will ultimately drive demand for these products is going to take years — not months — which is why you need to have a long time-horizon. Presently, the market is completely discounting the success of Strategy’s preferred products. What it’s not factoring in however is that the capital markets are desperate for yield right now. Thus, when — not if — but when, they eventually wake up to Bitcoin, how do you think they’re going to get that yield? Who is going to be the entity that is offering Bitcoin-backed credit instruments at scale? The answer is obviously Strategy, but again, this is a 5-to-10 year and beyond story. So with all that said, if you’re reading this right now, what should you do? Valuing Strategy There are 3 steps you need to take: 1. Firstly, you need to define your time horizon. In other words, how long do you intend on holding the stock for? 2. Secondly, you need to estimate either — depending on your preferred metric — how much Bitcoin Yield or how much Bitcoin $ Gain you expect Strategy to generate during that period and then calculate how much you expect $MSTR to outperform Bitcoin based on those values. 3. Thirdly, ask yourself whether you’d be satisfied with the level of outperformance you have calculated? In other words, is the trade-off worth it? Or would you be better off investing in either spot Bitcoin, an alternative Bitcoin Treasury Company or a Bitcoin ETF. If you’re satisfied with the level of outperformance that you’ve calculated, then $MSTR it probably a good choice of investment for you. If you're not satisfied, then $MSTR is probably a bad choice of investment for you. I personally believe that $MSTR will outperform Bitcoin by a minimum factor of 1-2x over the next 5/10 years and potentially much more if Bitcoin $ Gain becomes the primary metric by which it is valued, but again, I remain sceptical of that happening. Regardless, the best is yet to come.

Chris Millas

36,835 görüntüleme • 11 ay önce