Michael Saylor, co-founder and CEO of MicroStrategy, argues that humanity is witnessing a new paradigm shift thanks to blockchain technology. He explains why we’re still early on the curve of Bitcoin’s adoption, what makes it a scientific revolution, how bitcoin is different from fiat systems, how the year 2020 changed everything, and why buying bitcoin is different than buying stocks, gold, or other traditional asset classes.

? Want to support the channel? Check out our recommended products:​
Want to get up to $250 & earn 8.6% APY on your crypto? Try BlockFi: https://wealth.yt/blockfi
Want to track your crypto portfolio and taxes? Try CoinTracker: https://wealth.yt/cointracker
Want to keep your crypto secure? Check out Ledger: http://wealth.yt/ledger
Or Trezor – https://wealth.yt/trezor
Want to get $25 for free with a Crypto Visa Card? Use our code r3f5jp8658 here: https://wealth.yt/crypto
Want to trade crypto and get $5 for free? Try Coinbase: https://wealth.yt/coinbase
​Want to learn crypto and blockchain? Check out Cryptoversity: https://wealth.yt/cryptoversity
Want to learn how to profit from crypto in a short time? Check out https://wealth.yt/ultimatum
Looking to manage all your money accounts from one place? We recommend Personal Capital: https://wealth.yt/capital
​Want to invest in the stock market? We recommend Motley Fool’s Stock Advisor, get 50% off here: https://wealth.yt/stock-advisor
Starting a YouTube channel? This is the video & music library we use: https://wealth.yt/elements

▬▬▬▬▬▬▬▬▬▬

Bitcoin Is The Start Of A New Paradigm Shift. We’re Still Early | Michael Saylor

Michael J. Saylor (born February 4, 1965) is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company which provides business intelligence, mobile software, and cloud-based services.

In August 2020, MicroStrategy used $250 million from its cash stockpile to purchase 21,454 Bitcoin. MicroStrategy later added $175 million of Bitcoin to its holdings in September 2020 and another $50 million in early December 2020. On December 11, 2020, MicroStrategy announced that it had sold $650 million in convertible senior notes, taking on debt to increase its Bitcoin holdings to over $1 billion worth. On December 21, 2020, MicroStrategy announced their total holdings include 70,470 bitcoins purchased for $1.125 billion at an average price of $15,964 per bitcoin.

0:00 – When is the best time to invest in new technologies like Bitcoin
0:21 – How do we know this is a paradigm shift
1:28 – Why we’re still early on Bitcoin
2:36 – How bitcoin is different from fiat systems
3:44 – How the year 2020 changed everything
4:58 – Why buying bitcoin is different than buying stocks, gold, or other traditional asset classes
5:55 – How bitcoin follows scientific laws
7:04 – Why money is energy
9:10 – How to know when to buy bitcoin

#Bitcoin #BTC #MichaelSaylor

▬▬▬▬▬▬▬▬▬▬

Full interview (Credits): The $425 Million Bitcoin Bet – Dan Held & Michael Saylor | Kraken Bitcoin Exchange
https://youtu.be/rPYt_Z9lYlM

? Related videos you might like:

BTC005: Bitcoin & Michael Saylor – A Masterclass in Economic Calculation | The Investor’s Podcast Network
https://youtu.be/jwgOVPJ2FnU

Why Investors Are Piling Into Bitcoin Despite the Risks | WSJ
https://youtu.be/HhOuvNDMlI0

Elon Musk moving Tesla Cash into Bitcoin. Good idea? | Financial Education
https://youtu.be/7VG9Xac_GTY

▬▬▬▬▬▬▬▬▬▬

? Get videos like this every week: http://wealth.yt/subscribe

Wealthy Value is an educational platform about business, global economics, and financial education. We help investors, entrepreneurs, and anyone looking to master the future of finance.

Every week, we post videos to help you master the game of money and build long-term wealth. You will find financial, entrepreneurial, and business wisdom from bright minds such as Robert Kiyosaki, Jim Rickards, Nassim Taleb, Warren Buffet, Jim Rogers, Ray Dalio, Peter Schiff, and many more.

Are you looking to become smarter and more financially literate in today’s changing economy?

? Subscribe here: http://wealth.yt/subscribe

▬▬▬▬▬▬▬▬▬▬

Copyright Disclaimer: Wealthy Value is a web channel intended to provide business knowledge through video essays and analytical compilations. It is intended primarily for the purpose of encouraging informed discussions, criticism, and review of business topics and towards such purpose, the programs use short extracts of cinematographic films, sounds recording, and photographic works. These clips and extracts are of a minimal nature and the use is not intended to interfere in any manner with their commercial exploitation of the competition for work by the owners of the copyright. The use of works is in compliance with the fair dealing exception provided under Sec. 52 of the Copyright Act, and we asset our use of the works under the exception provided for criticism and review.