Evolving cryptocurrency revolution on ‘Making Money’

I want to keep reminding you, we're in the midst of the fourth industrial revolution.

It's got so many moving parts, but it's changing every facet of our lives.

It's turning the establishment on its head, decentralized financing, cryptocurrency.

That's only a part of the movement.

Do you want to be now a micro-strategy CEO, Michael Saler?

Michael, listen, you're at the forefront of the Bitcoin revolution and you put your

money where your mouth is.

I'm going to ask you about that and how it's changing humanity in ways that are really

discussed.

Let me just talk about your business for a moment because I don't think we do enough

of that.

I mean, micro-strategy is extraordinarily successful, business software, analytics.

I love the role of software.

I love this software as a service, as some of these other things.

These new names are going through the roof.

Where's all of this going?

Everybody in the world wants to be smarter and our mission is to make the world more intelligent.

All of our customers are looking to embed intelligence into all their applications, delivered

to all their customers, delivered to all their employees.

They want it smarter.

They want it faster.

They want to run it out of the cloud.

And so the last two years have been really good for us.

There's just a surge in demand for intelligence everywhere.

And it's just sort of the beginning now.

I mean, I feel like this is going to be one of those decade-long, something that totally

changes mankind in general.

Everybody expects to have the answer at their fingertips, either from their iPhone or

their tablet or in front of their computer.

And it used to be, you could say, I'll get back to you on that.

But now you're expected to know it in real time.

And there is more information than ever.

So a real deep thirst for intelligence everywhere.

What about this metaverse?

And I'm reading where maybe it could upset or change this whole crypto revolution.

Will they coexist?

Look, Bitcoin and the lightning layer of Bitcoin is critical to deliver it.

And it's covering cybersecurity to the metaverse and to social media in general.

Right now, where it be set with the challenge in the metaverse and in social media?

And the problem is spam, denial of service attacks, scams, online hostility.

The reason we have those problems is because there's no cost to attack someone online, because

there's no skin in the game.

And so with Bitcoin, you can wrap some money around your cyber persona.

And it's like putting up a security deposit in cyberspace.

There's fines, there's speed limits, there's civility.

So if you want to deliver safety and civility to the metaverse, you're going to do it with

digital property.

And of course, the dominant digital property is Bitcoin.

And to your point, when we changed the nature and access to money, obviously we're changing

everything.

And earlier in the week, you retweeted something I thought was a really interesting proposition.

It was a drawing on a piece of paper that says that every major asset carries a monetary

premium that must be defended with human lives.

And that Bitcoin could play a major role in changing all that.

We're talking about ending wars.

How would that happen, Michael?

If all of the money in the society is in the companies and in the land and in gold,

then that spoils a war.

If you fight a war, you can take the companies, the land and the gold.

But if the money in the society is in a synthetic digital asset called Bitcoin, if it's in

cyber space, then it doesn't help you to conquer the country.

You're not going to get the money.

So the incentive when you have analog assets in the real world is violence, kill the other

person and take their property.

But the incentive when you have your money in cyber space is negotiation and peaceful

resolution.

I'm better than negotiate with you to get half of the money than to kill you and get none

of it.

So criminal behavior doesn't work in cyber space and nor does war war.

And so that's what's going on here with Bitcoin.

It's absolutely fascinating phenomenon.

Hey, before I let you go, I get like 30 seconds.

But we always saw Bitcoin Ethereum is coming on strong.

Are you going to, at some point, diversify your micro strategies balance sheet with different

crypto?

You know, Bitcoin's universally recognized as property.

So it's the institutional investment grade asset in the space.

If you want a long-term store of value, the other crypto is a read their technical VC investments

or their speculative investments.

And so for a speculator or for venture capitalists, they might be interesting.

But if you're an institutional investor or a publicly traded company, I think you need

to stay with the institutional investment grade asset.

Well, once again, I salute you.

You put your money where your mouth is.

You put your reputation on the line.

You put your company on the line.

You are coming out smelling like roses.

And now every time I hear someone one credit, they want credibility, they drop your name.

See you soon, Michael.

Thanks for having me, Charles.

Alrighty.